Sequoia Financial Advisors LLC purchased a new position in Qnity Electronics, Inc. (NYSE:Q – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 17,032 shares of the premier technology solutions leader’s stock, valued at approximately $1,391,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in Q. Kestra Private Wealth Services LLC purchased a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $769,000. Cohen Klingenstein LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at $587,000. KBC Group NV bought a new position in shares of Qnity Electronics during the fourth quarter valued at $12,189,000. Delta Capital Management LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at $1,141,000. Finally, Keybank National Association OH bought a new position in Qnity Electronics in the fourth quarter valued at about $6,586,000.
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on the stock. Mizuho set a $120.00 price target on shares of Qnity Electronics in a research report on Monday, February 23rd. Royal Bank Of Canada increased their target price on Qnity Electronics from $139.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a report on Friday. Finally, KeyCorp upped their target price 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. Six equities 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, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $129.57.
Qnity Electronics Stock Up 9.8%
Q opened at $168.30 on Wednesday. The firm’s fifty day simple moving average is $126.44. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $168.52. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The stock has a market cap of $35.27 billion and a PE ratio of 91.97.
Qnity Electronics (NYSE:Q – Get Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The business had revenue of $1.32 billion for the quarter. Qnity Electronics’s revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Equities analysts anticipate that Qnity Electronics, Inc. will post 3.78 EPS for the current fiscal year.
Qnity Electronics Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given 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 is presently 17.49%.
Trending Headlines about 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
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.
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