Whittier Trust Co. of Nevada Inc. Invests $592,000 in Qnity Electronics, Inc. $Q

Whittier Trust Co. of Nevada Inc. bought a new position in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 7,254 shares of the premier technology solutions leader’s stock, valued at approximately $592,000.

A number of other large investors also recently bought and sold shares of the business. Moisand Fitzgerald Tamayo LLC purchased a new position in Qnity Electronics during the 4th quarter valued at about $25,000. Armstrong Advisory Group Inc. purchased a new position in Qnity Electronics during the 4th quarter valued at about $26,000. Provenance Wealth Advisors LLC purchased a new position in Qnity Electronics during the 4th quarter valued at about $27,000. Stephens Consulting LLC purchased a new position in Qnity Electronics during the 4th quarter valued at about $30,000. Finally, Sound Income Strategies LLC purchased a new position in Qnity Electronics during the 4th quarter valued at about $32,000.

Wall Street Analyst Weigh In

Q has been the subject of a number of recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $126.00 price target on shares of Qnity Electronics in a research report on Friday, February 20th. Royal Bank Of Canada lifted their price target on shares of Qnity Electronics from $118.00 to $133.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. KeyCorp lifted their price target 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. Mizuho set a $120.00 price target on shares of Qnity Electronics in a research report on Monday, February 23rd. Finally, Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, Qnity Electronics presently has a consensus rating of “Buy” and a consensus target price of $120.86.

Qnity Electronics Stock Performance

NYSE:Q opened at $136.19 on Friday. The company has a market cap of $28.54 billion and a price-to-earnings ratio of 74.42. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $140.60. The company’s 50-day moving average price is $117.30.

Qnity Electronics (NYSE:Q) last released its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.18. The firm had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.15 billion. The business’s quarterly revenue was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

Qnity Electronics Announces Dividend

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

Qnity Electronics Company Profile

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