Kingsview Wealth Management LLC Invests $523,000 in Qnity Electronics, Inc. $Q

Kingsview Wealth Management LLC bought a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,403 shares of the premier technology solutions leader’s stock, valued at approximately $523,000.

A number of other large investors have also recently added to or reduced their stakes in Q. Texas Capital Bank Wealth Management Services Inc bought a new position in shares of Qnity Electronics in the fourth quarter valued at $265,000. MTM Investment Management LLC bought a new stake in shares of Qnity Electronics during the 4th quarter worth $58,000. Geode Capital Management LLC acquired a new position in shares of Qnity Electronics in the 4th quarter worth $435,786,000. Fidelis Capital Partners LLC acquired a new position in shares of Qnity Electronics in the 4th quarter worth $236,000. Finally, King Luther Capital Management Corp acquired a new stake in shares of Qnity Electronics during the fourth quarter worth $8,189,000.

Qnity Electronics Stock Up 2.6%

Q opened at $155.86 on Wednesday. The company has a market capitalization of $32.63 billion and a PE ratio of 53.56. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $171.52. The business has a 50-day moving average of $138.20 and a 200-day moving average of $110.48.

Qnity Electronics (NYSE:Q) last released its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion during the quarter. The business’s quarterly revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Equities research analysts forecast that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.08 per share. The ex-dividend date is Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is currently 11.00%.

Analyst Ratings Changes

A number of research firms recently weighed in on Q. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. KeyCorp upped their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Zacks Research downgraded shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, Mizuho boosted their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Qnity Electronics presently has an average rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Profile

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