Potomac Fund Management Inc. ADV Takes $965,000 Position in Qnity Electronics, Inc. $Q

Potomac Fund Management Inc. ADV bought a new stake in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 11,822 shares of the premier technology solutions leader’s stock, valued at approximately $965,000.

Other institutional investors have also modified their holdings of the company. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $25,000. Dunhill Financial LLC purchased a new position in Qnity Electronics during the 4th quarter worth $25,000. Armstrong Advisory Group Inc. purchased a new position in Qnity Electronics during the 4th quarter worth $26,000. Provenance Wealth Advisors LLC purchased a new position in Qnity Electronics during the 4th quarter worth $27,000. Finally, Motco purchased a new position in Qnity Electronics during the 4th quarter worth $27,000.

Analyst Ratings Changes

A number of equities analysts have commented on Q shares. Mizuho upped their price objective on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock 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. BMO Capital Markets restated an “outperform” rating and set a $180.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Royal Bank Of Canada upped their price objective 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 investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Performance

NYSE:Q opened at $150.42 on Monday. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $171.52. The stock has a market cap of $31.49 billion and a PE ratio of 51.69. The firm’s fifty day simple moving average is $144.40 and its 200-day simple moving average is $114.79. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last released its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.32 billion during the quarter. The firm’s quarterly 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. Analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

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 paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

Qnity Electronics Company Profile

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