PNC Financial Services Group Inc. Invests $26.91 Million in Qnity Electronics, Inc. $Q

PNC Financial Services Group Inc. purchased a new position in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 329,602 shares of the premier technology solutions leader’s stock, valued at approximately $26,912,000. PNC Financial Services Group Inc. owned about 0.16% of Qnity Electronics as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Qnity Electronics in the 4th quarter worth about $25,000. Dunhill Financial LLC bought a new stake in Qnity Electronics in the 4th quarter valued at about $25,000. Armstrong Advisory Group Inc. bought a new stake in Qnity Electronics in the 4th quarter valued at about $26,000. Provenance Wealth Advisors LLC bought a new stake in Qnity Electronics in the 4th quarter valued at about $27,000. Finally, Stephens Consulting LLC bought a new stake in Qnity Electronics in the 4th quarter valued at about $30,000.

Wall Street Analysts Forecast Growth

Q has been the topic of several recent research reports. Mizuho lifted their price objective on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Royal Bank Of Canada lifted their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research 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, KeyCorp lifted their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Qnity Electronics currently has a consensus rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Stock Up 2.7%

Q stock opened at $156.88 on Friday. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The company has a market capitalization of $32.84 billion and a price-to-earnings ratio of 53.91. The firm’s 50-day moving average is $132.60 and its two-hundred day moving average is $107.83. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last released its quarterly earnings results 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 company had revenue of $1.32 billion for the quarter. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

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

Qnity Electronics Profile

Qnity Electronics is a materials and technology company focused on serving the electronics industry. The company develops and supplies advanced materials, components, and related solutions used in the manufacture and performance enhancement of electronic devices and systems.

Its offerings are designed to support applications across areas such as semiconductors, printed circuit boards, packaging, and other electronics manufacturing processes. Qnity Electronics works with customers that need high-performance materials and technical expertise for demanding production environments.

Because reliable public information about the company’s history, geographic reach, and leadership was limited, this description is based on its core business focus.