Insider Buying: Qnity Electronics (NYSE:Q) Director Purchases $138,140.00 in Stock

Qnity Electronics, Inc. (NYSE:Q) Director Bondt Karin De acquired 1,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were acquired at an average price of $138.14 per share, with a total value of $138,140.00. Following the completion of the purchase, the director owned 6,647 shares in the company, valued at approximately $918,216.58. This trade represents a 17.71% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link.

Qnity Electronics Stock Performance

Shares of Q stock traded up $3.92 during trading hours on Wednesday, hitting $142.16. The company’s stock had a trading volume of 1,497,619 shares, compared to its average volume of 2,134,586. The stock has a market cap of $29.74 billion and a PE ratio of 50.77. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $177.28. The company has a 50 day moving average of $145.34 and a 200 day moving average of $132.54. The company has a current ratio of 2.01, a quick ratio of 1.50 and a debt-to-equity ratio of 0.53.

Qnity Electronics (NYSE:Q) last issued its earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.12. The firm had revenue of $1.43 billion during the quarter. Qnity Electronics had a net margin of 11.25% and a return on equity of 10.83%. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, sell-side analysts forecast that Qnity Electronics, Inc. will post 4.52 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The business 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 dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Monday, August 31st. Qnity Electronics’s dividend payout ratio (DPR) is currently 11.43%.

Hedge Funds Weigh In On Qnity Electronics

A number of large investors have recently added to or reduced their stakes in the stock. Oregon Public Employees Retirement Fund lifted its holdings in Qnity Electronics by 0.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 24,004 shares of the premier technology solutions leader’s stock valued at $2,770,000 after purchasing an additional 77 shares in the last quarter. AMG National Trust Bank grew its position in shares of Qnity Electronics by 3.4% in the first quarter. AMG National Trust Bank now owns 2,583 shares of the premier technology solutions leader’s stock valued at $298,000 after purchasing an additional 84 shares during the period. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Qnity Electronics by 71.8% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock worth $25,000 after purchasing an additional 89 shares in the last quarter. Butensky & Cohen Financial Security Inc. increased its stake in shares of Qnity Electronics by 0.3% during the second quarter. Butensky & Cohen Financial Security Inc. now owns 34,132 shares of the premier technology solutions leader’s stock worth $5,574,000 after purchasing an additional 105 shares in the last quarter. Finally, First Citizens Bank & Trust Co. increased its stake in shares of Qnity Electronics by 5.5% during the first quarter. First Citizens Bank & Trust Co. now owns 2,948 shares of the premier technology solutions leader’s stock worth $340,000 after purchasing an additional 154 shares in the last quarter.

Analyst Ratings Changes

Q has been the subject of several analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Qnity Electronics in a report on Wednesday, August 5th. Weiss Ratings lowered Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, August 5th. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Royal Bank Of Canada decreased their price target on Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a report on Tuesday, July 14th. Finally, Mizuho upped their price objective on Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $151.78.

About Qnity Electronics

Qnity Electronics, Inc is a global electronic materials company serving the semiconductor and advanced packaging industries. The company develops materials and solutions used in the manufacturing of integrated circuits, advanced semiconductor packages and other electronic components.

Its portfolio includes chemical mechanical planarization (CMP) pads and slurries, lithography and cleaning materials, dielectric and metallization solutions, and materials used in semiconductor packaging and interconnect applications.