Zacks Research upgraded shares of Qnity Electronics (NYSE:Q – Free Report) from a hold rating to a strong-buy rating in a research note published on Tuesday,Zacks.com reports.
Other research analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a report on Wednesday, May 13th. Mizuho boosted their target price on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Qnity Electronics presently has an average rating of “Buy” and an average price target of $152.44.
View Our Latest Stock Report on Q
Qnity Electronics Price Performance
Qnity Electronics (NYSE:Q – Get Free Report) last issued its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The business had revenue of $1.31 billion for the quarter. The firm’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. Research analysts anticipate that Qnity Electronics will post 4.08 earnings per share for the current year.
Qnity Electronics Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a $0.08 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio is currently 11.00%.
Institutional Trading of Qnity Electronics
Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. acquired a new position in shares of Qnity Electronics during the 4th quarter worth $2,226,626,000. State Street Corp acquired a new stake in Qnity Electronics in the 4th quarter valued at about $728,894,000. Geode Capital Management LLC acquired a new stake in Qnity Electronics in the 4th quarter valued at about $435,786,000. Invesco Ltd. purchased a new position in Qnity Electronics during the 4th quarter valued at about $385,057,000. Finally, Allspring Global Investments Holdings LLC increased its holdings in Qnity Electronics by 741.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock valued at $518,787,000 after acquiring an additional 3,855,617 shares in the last quarter.
About Qnity Electronics
Qnity Electronics is a company focused on electronics-related products and solutions, serving customers across the broader electronics and technology supply chain. Based on the information available, the company appears to operate in areas tied to electronic components, systems, or related services, though detailed public descriptions of its full business lines are limited.
Publicly available information about Qnity Electronics’ history, geographic reach, and leadership is limited at this time.
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