Oak Harbor Wealth Partners LLC Takes $417,000 Position in Qnity Electronics, Inc. $Q

Oak Harbor Wealth Partners LLC acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, HoldingsChannel reports. The fund acquired 5,112 shares of the premier technology solutions leader’s stock, valued at approximately $417,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. purchased a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $2,226,626,000. Massachusetts Financial Services Co. MA purchased a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $125,587,000. UBS Group AG purchased a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $120,414,000. M&T Bank Corp purchased a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $65,334,000. Finally, Allspring Global Investments Holdings LLC purchased a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $44,200,000.

Analysts Set New Price Targets

Several research analysts have recently commented on Q shares. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Mizuho set a $120.00 price objective on shares of Qnity Electronics in a research note on Monday, February 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $126.00 price objective on shares of Qnity Electronics in a research note on Friday, February 20th. Weiss Ratings started coverage on shares of Qnity Electronics in a research note on Thursday, January 22nd. They issued a “hold (c-)” rating for the company. Finally, Royal Bank Of Canada raised their price objective on shares of Qnity Electronics from $139.00 to $150.00 and gave the company an “outperform” rating in a research note on Friday, April 24th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $123.29.

Qnity Electronics Stock Up 0.1%

Shares of NYSE:Q opened at $143.41 on Monday. The company has a 50 day moving average price of $122.50. The firm has a market capitalization of $30.06 billion and a PE ratio of 78.37. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $146.67. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last issued its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.18. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.15 billion. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. On average, equities analysts anticipate that Qnity Electronics, Inc. will post 3.78 EPS for the current year.

Qnity Electronics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $0.08 dividend. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 annualized dividend and a yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is 17.49%.

About Qnity Electronics

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.