Tufton Capital Management Acquires Shares of 17,412 Qnity Electronics, Inc. $Q

Tufton Capital Management bought a new position in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm bought 17,412 shares of the premier technology solutions leader’s stock, valued at approximately $1,421,000.

Several other institutional investors and hedge funds have also made changes to their positions in Q. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $25,000. Armstrong Advisory Group Inc. acquired a new position in Qnity Electronics during the fourth quarter worth $26,000. Provenance Wealth Advisors LLC acquired a new position in Qnity Electronics during the fourth quarter worth $27,000. Stephens Consulting LLC purchased a new stake in Qnity Electronics in the 4th quarter valued at $30,000. Finally, Sound Income Strategies LLC purchased a new stake in Qnity Electronics in the 4th quarter valued at $32,000.

Analysts Set New Price Targets

Several research analysts have recently commented on Q shares. Mizuho set a $120.00 price target on Qnity Electronics in a report on Monday, February 23rd. Weiss Ratings assumed coverage on shares of Qnity Electronics in a report on Thursday, January 22nd. They issued a “hold (c-)” rating for the company. Royal Bank Of Canada raised their price objective on shares of Qnity Electronics from $118.00 to $133.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. KeyCorp lifted their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Finally, Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $120.86.

Qnity Electronics Stock Up 3.2%

NYSE:Q opened at $139.21 on Thursday. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $140.60. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46. The stock has a market capitalization of $29.18 billion and a P/E ratio of 76.07. The company has a fifty day simple moving average of $118.96.

Qnity Electronics (NYSE:Q) last released its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.15 billion. The company’s 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. Sell-side analysts anticipate that Qnity Electronics, Inc. will post 3.78 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

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