Peak Financial Advisors LLC Buys New Stake in Qnity Electronics, Inc. $Q

Peak Financial Advisors LLC bought a new stake in Qnity Electronics, Inc. (NYSE:Q) during the 3rd quarter, Holdings Channel reports. The firm bought 16,376 shares of the premier technology solutions leader’s stock, valued at approximately $2,059,000.

A number of other large investors also recently made changes to their positions in the company. Glenview Trust Co grew its holdings in Qnity Electronics by 14.8% in the 3rd quarter. Glenview Trust Co now owns 5,355 shares of the premier technology solutions leader’s stock valued at $673,000 after buying an additional 691 shares in the last quarter. BOKF NA increased its position in Qnity Electronics by 29.5% during the 3rd quarter. BOKF NA now owns 16,373 shares of the premier technology solutions leader’s stock worth $2,059,000 after buying an additional 3,732 shares during the period. North Dakota State Investment Board lifted its holdings in shares of Qnity Electronics by 3.2% during the third quarter. North Dakota State Investment Board now owns 6,422 shares of the premier technology solutions leader’s stock worth $808,000 after buying an additional 199 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in shares of Qnity Electronics during the third quarter worth $138,000. Finally, William Mack & Associates Inc. acquired a new stake in shares of Qnity Electronics during the third quarter worth $87,000.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on Q shares. BMO Capital Markets boosted their target price on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Royal Bank Of Canada lowered their price target on shares of Qnity Electronics from $189.00 to $160.00 and set an “outperform” rating on the stock in a research report on Thursday, October 15th. Barclays initiated coverage on shares of Qnity Electronics in a research note on Monday, October 12th. They issued an “overweight” rating and a $211.00 price objective for the company. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 5th. Finally, Truist Financial began coverage on shares of Qnity Electronics in a report on Wednesday, October 14th. They issued a “buy” rating and a $170.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Qnity Electronics presently has an average rating of “Moderate Buy” and an average price target of $154.36.

Qnity Electronics Trading Down 5.0%

Shares of NYSE:Q opened at $116.52 on Friday. The business’s 50 day simple moving average is $122.13 and its 200 day simple moving average is $128.79. Qnity Electronics, Inc. has a 1 year low of $72.81 and a 1 year high of $177.28. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.01 and a quick ratio of 1.50. The company has a market capitalization of $24.38 billion and a P/E ratio of 41.61.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.12. The firm had revenue of $1.43 billion during the quarter. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts anticipate that Qnity Electronics, Inc. will post 4.41 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be given a $0.08 dividend. The ex-dividend date is Monday, November 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.43%.

Insider Activity at Qnity Electronics

In related news, Director Bondt De purchased 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average price of $138.14 per share, with a total value of $138,140.00. Following the completion of the purchase, the director directly owned 6,647 shares in the company, valued at $918,216.58. This trade represents a 17.71% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.15% of the company’s stock.

Qnity Electronics Profile

Qnity Electronics, Inc is a global materials and solutions company serving the semiconductor and advanced electronics industries. The company develops and supplies materials used throughout the manufacturing process for integrated circuits, including wafer fabrication, lithography, cleaning, chemical mechanical planarization and advanced packaging.

Its product portfolio includes semiconductor-grade materials such as photoresists, dielectric materials, CMP pads and slurries, cleaners, removers and other process-enabling technologies.