Kwmg LLC Buys Shares of 23,998 Qnity Electronics, Inc. $Q

Kwmg LLC bought a new position in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, HoldingsChannel reports. The fund bought 23,998 shares of the premier technology solutions leader’s stock, valued at approximately $1,959,000.

Other large investors have also recently bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC acquired a new stake in Qnity Electronics during the 4th quarter worth about $25,000. Armstrong Advisory Group Inc. acquired a new position in Qnity Electronics in the 4th quarter valued at $26,000. Stephens Consulting LLC acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at about $30,000. CVA Family Office LLC bought a new position in Qnity Electronics in the 4th quarter worth approximately $38,000. Finally, Spirit of America Management Corp NY bought a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $45,000.

Qnity Electronics Stock Performance

Shares of Q stock opened at $118.55 on Thursday. The firm has a fifty day simple moving average of $110.29. The firm has a market cap of $24.86 billion and a P/E ratio of 64.78. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $140.60. 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 (NYSE:Q) last issued its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.18. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.15 billion. The business’s quarterly 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 Upgrades and Downgrades

A number of research firms have recently commented on Q. 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 report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $126.00 price target on shares of Qnity Electronics in a research note on Friday, February 20th. KeyCorp lifted their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Finally, Mizuho set a $120.00 price objective on Qnity Electronics in a research note on Monday, February 23rd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus 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.