Commonwealth Equity Services LLC Takes Position in Qnity Electronics, Inc. $Q

Commonwealth Equity Services LLC purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 68,424 shares of the premier technology solutions leader’s stock, valued at approximately $5,587,000.

Other large investors have also modified their holdings of the company. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $25,000. Dunhill Financial LLC acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $25,000. Armstrong Advisory Group Inc. acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $26,000. Motco acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $27,000. Finally, Provenance Wealth Advisors LLC acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $27,000.

Analysts Set New Price Targets

A number of analysts recently issued reports on Q shares. BMO Capital Markets restated an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. KeyCorp raised their target price 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. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Royal Bank Of Canada raised their target price on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Stock Down 8.1%

Shares of NYSE Q opened at $142.31 on Friday. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52. The firm’s 50 day moving average price is $141.14 and its 200 day moving average price is $112.13. The firm has a market cap of $29.79 billion and a P/E ratio of 48.91. 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 (NYSE:Q) last announced its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion during the quarter. The company’s revenue for the quarter was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. As a group, sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is 11.00%.

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.