Sigma Planning Corp Acquires Shares of 4,210 Qnity Electronics, Inc. $Q

Sigma Planning Corp acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, Holdings Channel.com reports. The fund acquired 4,210 shares of the premier technology solutions leader’s stock, valued at approximately $344,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC acquired a new position in Qnity Electronics in the 4th quarter valued at $25,000. Dunhill Financial LLC acquired a new position in Qnity Electronics in the 4th quarter valued at $25,000. Armstrong Advisory Group Inc. acquired a new position in Qnity Electronics in the 4th quarter valued at $26,000. Provenance Wealth Advisors LLC acquired a new position in Qnity Electronics in the 4th quarter valued at $27,000. Finally, Stephens Consulting LLC acquired a new position in Qnity Electronics in the 4th quarter valued at $30,000.

Wall Street Analyst Weigh In

Q has been the subject of a number of research analyst reports. KeyCorp boosted their price target on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $170.00 price target on shares of Qnity Electronics in a report on Thursday. Royal Bank Of Canada boosted their price target on Qnity Electronics from $139.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Weiss Ratings initiated coverage on Qnity Electronics in a report on Thursday, January 22nd. They set a “hold (c-)” rating for the company. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $129.57.

Qnity Electronics Stock Performance

Qnity Electronics stock opened at $143.67 on Friday. 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 52 week low of $70.50 and a 52 week high of $151.36. The firm has a market cap of $30.11 billion and a PE ratio of 78.51. The stock’s fifty day simple moving average is $124.47.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, topping analysts’ consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. Qnity Electronics’s quarterly revenue was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. On average, research analysts forecast that Qnity Electronics, Inc. will post 3.78 earnings per share for the current year.

Qnity Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Qnity Electronics’s payout ratio is currently 17.49%.

Qnity Electronics Profile

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.