Midwest Trust Co acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:Q – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,372 shares of the premier technology solutions leader’s stock, valued at approximately $602,000.
A number of other institutional investors also recently bought and sold shares of the stock. Moisand Fitzgerald Tamayo LLC bought a new position in Qnity Electronics in the fourth quarter worth about $25,000. Dunhill Financial LLC bought a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $25,000. Armstrong Advisory Group Inc. bought a new stake in Qnity Electronics in the 4th quarter worth approximately $26,000. Provenance Wealth Advisors LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at about $27,000. Finally, Stephens Consulting LLC purchased a new stake in shares of Qnity Electronics in the 4th quarter worth $30,000.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $170.00 price objective on shares of Qnity Electronics in a research note on Thursday, May 7th. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday. Royal Bank Of Canada boosted their target price 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. Finally, Mizuho set a $120.00 price objective on shares of Qnity Electronics in a research note on Monday, February 23rd. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $129.57.
Key Headlines Impacting Qnity Electronics
Here are the key news stories impacting Qnity Electronics this week:
- Positive Sentiment: Qnity reported Q1 adjusted EPS of $1.08, beating Wall Street’s $0.92 estimate, while revenue rose 17.6% year over year to about $1.31 billion. Qnity Electronics earnings report
- Positive Sentiment: The company raised full-year FY2026 guidance, now calling for EPS of $3.80 to $4.14 and revenue of $5.2 billion to $5.4 billion, which came in ahead of or in line with expectations and suggests management sees continued demand strength. Benzinga article on Qnity stock surge
- Positive Sentiment: Multiple reports highlighted that the stock is benefiting from a “beat-and-raise” quarter and ongoing strength in semiconductor/AI-related demand, which is helping reinforce the bullish setup. Barron’s article on Qnity earnings
- Neutral Sentiment: Jim Cramer also drew attention to Qnity as an under-the-radar semiconductor-related name, which may increase investor interest but does not change fundamentals by itself. Invezz article on Cramer’s comments
Qnity Electronics Trading Up 9.8%
Shares of NYSE Q opened at $168.30 on Wednesday. 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 12 month low of $70.50 and a 12 month high of $168.52. The company’s 50 day simple moving average is $126.44. The firm has a market cap of $35.27 billion and a PE ratio of 91.97.
Qnity Electronics (NYSE:Q – Get Free Report) last announced its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping the consensus estimate 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. Analysts forecast that Qnity Electronics, Inc. will post 3.78 EPS for the current year.
Qnity Electronics Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is presently 17.49%.
About Qnity Electronics
Qnity Electronics is an electronics company that provides products and solutions for the semiconductor and electronics industries. The company focuses on materials, components, and related technologies used in the design, manufacturing, and performance of electronic devices.
Its offerings are generally aimed at helping customers improve reliability, efficiency, and functionality across a range of electronic applications. Qnity Electronics serves businesses involved in electronics production and advanced technology development.
Publicly available information about the company’s history, leadership, and geographic footprint is limited.
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