World Investment Advisors Buys New Position in Qnity Electronics, Inc. $Q

World Investment Advisors bought a new position in shares of Qnity Electronics, Inc. (NYSE:QFree Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,307 shares of the premier technology solutions leader’s stock, valued at approximately $270,000.

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

Qnity Electronics Stock Down 5.6%

Shares of Q opened at $158.03 on Friday. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. The company has a 50-day moving average price of $151.77 and a two-hundred day moving average price of $120.32. The stock has a market cap of $33.08 billion and a price-to-earnings ratio of 54.31. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $177.28.

Qnity Electronics (NYSE:QGet Free Report) last posted its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping the consensus estimate of $0.92 by $0.16. The company had revenue of $1.31 billion for the quarter. The firm’s quarterly 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. Equities analysts predict that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $0.08 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Qnity Electronics’s payout ratio is 11.00%.

Analyst Ratings Changes

A number of brokerages have commented on Q. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. KeyCorp boosted their price objective on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. BMO Capital Markets reiterated an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada boosted their price target on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, Qnity Electronics currently has an average rating of “Moderate Buy” and a consensus target price of $151.33.

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Qnity Electronics Profile

(Free Report)

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

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Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

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