Gabelli Funds LLC Acquires Shares of 127,950 Qnity Electronics, Inc. $Q

Gabelli Funds LLC acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 127,950 shares of the premier technology solutions leader’s stock, valued at approximately $10,447,000.

A number of other large investors also recently modified their holdings of Q. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $25,000. Dunhill Financial LLC purchased a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $25,000. Armstrong Advisory Group Inc. purchased a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $26,000. Provenance Wealth Advisors LLC purchased a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $27,000. Finally, Stephens Consulting LLC purchased a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $30,000.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on Q. Mizuho increased their price objective on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Royal Bank Of Canada increased their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Zacks Research downgraded shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, BMO Capital Markets reissued an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Price Performance

Shares of NYSE:Q opened at $145.06 on Wednesday. The firm has a market cap of $30.37 billion and a PE ratio of 79.27. The stock’s fifty day simple moving average is $130.24. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The business had revenue of $1.32 billion for the quarter. The firm’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. Sell-side analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid 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 dividend payout ratio is currently 17.49%.

Qnity Electronics Company Profile

Qnity Electronics is a company focused on electronics, though detailed public information about its specific product lines, customer base, and geographic reach was limited at the time of writing. Based on the company name and available references, it appears to operate in the electronics sector, potentially serving commercial or industrial markets.

Because reliable, verifiable details about Qnity Electronics’ operations, history, and leadership were not readily available, a more detailed company profile could not be confirmed without risking inaccuracy.