Outfitters Financial LLC Invests $821,000 in Qnity Electronics, Inc. $Q

Outfitters Financial LLC acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 10,057 shares of the premier technology solutions leader’s stock, valued at approximately $821,000.

Several other large investors also recently modified their holdings of Q. Moisand Fitzgerald Tamayo LLC bought a new position in Qnity Electronics during the fourth quarter worth $25,000. Armstrong Advisory Group Inc. bought a new stake in Qnity Electronics during the fourth quarter valued at $26,000. Provenance Wealth Advisors LLC bought a new stake in Qnity Electronics during the fourth quarter valued at $27,000. Stephens Consulting LLC acquired a new stake in Qnity Electronics during the 4th quarter worth about $30,000. Finally, Sound Income Strategies LLC acquired a new stake in Qnity Electronics during the 4th quarter worth about $32,000.

Qnity Electronics Price Performance

Q stock opened at $140.25 on Friday. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54. The stock’s 50-day moving average is $119.60. The company has a market cap of $29.39 billion and a PE ratio of 76.64. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $146.00.

Qnity Electronics (NYSE:Q) last issued its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.18. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The firm’s revenue for the quarter was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. On average, analysts anticipate that Qnity Electronics, Inc. will post 3.78 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. Stockholders of record on Friday, May 29th will be issued a dividend of $0.08 per share. The ex-dividend date is Friday, May 29th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s payout ratio is currently 17.49%.

Analyst Upgrades and Downgrades

Q has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $126.00 price objective on shares of Qnity Electronics in a research note on Friday, February 20th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Weiss Ratings began coverage on Qnity Electronics in a report on Thursday, January 22nd. They issued a “hold (c-)” rating for the company. KeyCorp boosted their price target on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Finally, Mizuho set a $120.00 price target on Qnity Electronics in a report on Monday, February 23rd. Six equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $120.86.

Qnity Electronics Profile

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