Lowe Brockenbrough & Co. Inc. Purchases Shares of 7,711 Qnity Electronics, Inc. $Q

Lowe Brockenbrough & Co. Inc. purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 7,711 shares of the premier technology solutions leader’s stock, valued at approximately $630,000.

Other large investors also recently bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC acquired a new position in Qnity Electronics in the fourth quarter valued at approximately $25,000. Dunhill Financial LLC acquired a new position in Qnity Electronics in the fourth quarter valued at approximately $25,000. Armstrong Advisory Group Inc. acquired a new position in Qnity Electronics in the fourth quarter valued at approximately $26,000. Motco purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $27,000. Finally, Provenance Wealth Advisors LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $27,000.

Qnity Electronics Stock Performance

Shares of Qnity Electronics stock opened at $142.31 on Friday. The business has a 50-day moving average of $141.14 and a 200 day moving average of $112.13. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. The stock has a market capitalization of $29.79 billion and a price-to-earnings ratio of 48.91. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57.

Qnity Electronics (NYSE:Q) last announced its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. Qnity Electronics’s revenue was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. As a group, sell-side analysts forecast 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 given a $0.08 dividend. The ex-dividend date of this dividend 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 (DPR) is currently 11.00%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on Q shares. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. KeyCorp lifted 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. Mizuho lifted their price target on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Finally, Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Company Profile

Qnity Electronics is a specialty electronics company that provides materials, components, and related solutions used in the production and performance of advanced electronic devices. The company focuses on supporting applications in areas such as semiconductors, circuit boards, and other high-technology manufacturing environments.

Its offerings are used by customers involved in electronics design and fabrication, where precision, reliability, and consistent material performance are important.