17,633 Shares in Qnity Electronics, Inc. $Q Acquired by Roberts Wealth Advisors LLC

Roberts Wealth Advisors LLC purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 17,633 shares of the premier technology solutions leader’s stock, valued at approximately $1,440,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Armstrong Advisory Group Inc. bought a new position in Qnity Electronics during the 4th quarter worth $26,000. CVA Family Office LLC bought a new stake in shares of Qnity Electronics in the fourth quarter valued at about $38,000. Gladwyn Financial Advisors Inc. acquired a new position in shares of Qnity Electronics in the fourth quarter valued at about $48,000. True Wealth Design LLC acquired a new position in shares of Qnity Electronics in the fourth quarter valued at about $49,000. Finally, Adirondack Trust Co. bought a new position in Qnity Electronics during the fourth quarter worth about $51,000.

Qnity Electronics Price Performance

Shares of NYSE:Q opened at $120.31 on Thursday. The company has a 50 day moving average price of $108.68. The company has a market capitalization of $25.22 billion and a PE ratio of 65.74. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $140.60.

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

Analyst Ratings Changes

Q has been the subject of several analyst reports. Wall Street Zen upgraded shares of Qnity Electronics to a “hold” rating in a research note on Friday, November 28th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $126.00 target price on shares of Qnity Electronics in a research report on Friday, February 20th. 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 Qnity Electronics in a research note on Monday, February 23rd. Finally, Royal Bank Of Canada boosted their price target on Qnity Electronics from $118.00 to $133.00 and gave the company an “outperform” rating in a research note on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, Qnity Electronics has an average rating of “Buy” and an average target price of $120.86.

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.