Truist Financial initiated coverage on shares of Qnity Electronics (NYSE:Q – Free Report) in a report issued on Wednesday, Marketbeat.com reports. The brokerage issued a buy rating and a $170.00 price target on the premier technology solutions leader’s stock.
Several other brokerages also recently issued reports on Q. Barclays assumed coverage on Qnity Electronics in a report on Monday. They issued an “overweight” rating and a $211.00 price target for the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Qnity Electronics in a report on Wednesday, August 5th. Weiss Ratings upgraded Qnity Electronics from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday. BMO Capital Markets boosted their price objective on Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Finally, Royal Bank Of Canada lowered their target price on Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a research note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $154.36.
Qnity Electronics Price Performance
Q opened at $115.33 on Wednesday. The company has a quick ratio of 1.50, a current ratio of 2.01 and a debt-to-equity ratio of 0.53. Qnity Electronics has a 12 month low of $70.50 and a 12 month high of $177.28. The company has a fifty day simple moving average of $125.78 and a 200 day simple moving average of $137.51. The stock has a market cap of $24.13 billion and a P/E ratio of 29.17.
Qnity Electronics (NYSE:Q – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 EPS for the quarter, topping the consensus estimate of $1.07 by $0.12. The business had revenue of $1.43 billion for the quarter. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts expect that Qnity Electronics will post 4.41 EPS for the current year.
Qnity Electronics Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be issued a dividend of $0.08 per share. The ex-dividend date is Monday, November 30th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.43%.
Insider Transactions at Qnity Electronics
In other news, Director Bondt De bought 1,000 shares of the company’s stock in a transaction that occurred 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 transaction, the director owned 6,647 shares in the company, valued at $918,216.58. This represents a 17.71% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.15% of the company’s stock.
Hedge Funds Weigh In On Qnity Electronics
Hedge funds have recently made changes to their positions in the business. Aull & Monroe Investment Management Corp lifted its position in shares of Qnity Electronics by 9.1% in the third quarter. Aull & Monroe Investment Management Corp now owns 1,767 shares of the premier technology solutions leader’s stock worth $222,000 after purchasing an additional 147 shares in the last quarter. Vontobel Holding Ltd. lifted its position in Qnity Electronics by 39.5% during the 3rd quarter. Vontobel Holding Ltd. now owns 9,658 shares of the premier technology solutions leader’s stock worth $1,214,000 after buying an additional 2,734 shares in the last quarter. Pension & Wealth Management Advisors Inc. bought a new stake in Qnity Electronics during the 3rd quarter worth about $49,000. Iams Wealth Management LLC lifted its position in Qnity Electronics by 20.0% during the 3rd quarter. Iams Wealth Management LLC now owns 15,321 shares of the premier technology solutions leader’s stock worth $1,927,000 after buying an additional 2,556 shares in the last quarter. Finally, V Square Quantitative Management LLC boosted its stake in shares of Qnity Electronics by 24.4% during the 3rd quarter. V Square Quantitative Management LLC now owns 3,438 shares of the premier technology solutions leader’s stock worth $432,000 after buying an additional 674 shares during the last quarter.
Key Stories Impacting Qnity Electronics
Here are the key news stories impacting Qnity Electronics this week:
- Positive Sentiment: Truist Securities initiated coverage with a Buy rating and a $170 price target, implying substantial potential upside from recent trading levels. Truist Securities initiates coverage of Qnity Electronics at buy
- Positive Sentiment: Barclays upgraded Qnity Electronics to “strong-buy,” adding another bullish signal from the analyst community. Barclays upgrades Qnity Electronics
- Positive Sentiment: Qnity declared a quarterly dividend of $0.08 per share, payable December 15 to shareholders of record November 30. The annualized dividend is $0.32 per share, although the yield is modest at approximately 0.3%. Qnity Announces Fourth Quarter 2026 Dividend
- Neutral Sentiment: Royal Bank of Canada maintained an “outperform” rating but reduced its price target to $160 from $189. The retained rating remains constructive, while the lower target signals more cautious expectations. RBC cuts price target on Qnity Electronics
- Negative Sentiment: RBC’s 15% reduction in its price target may be weighing on sentiment, despite the stock still offering significant implied upside and retaining an outperform rating. Qnity trades at an elevated forward valuation relative to its modest dividend yield, increasing sensitivity to valuation-related analyst revisions. Royal Bank of Canada cuts Qnity stock target
Qnity Electronics Company Profile
Qnity Electronics is an electronics materials company focused on technologies used in semiconductor manufacturing and advanced electronics production. The company supplies materials and solutions designed to support processes such as wafer fabrication, lithography, chemical-mechanical planarization, cleaning, packaging and interconnect formation.
Qnity’s product portfolio serves semiconductor manufacturers, chip designers, assembly and packaging providers, and other customers across the electronics supply chain.
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