Staley Capital Advisers Inc. Invests $30.50 Million in Qnity Electronics, Inc. $Q

Staley Capital Advisers Inc. purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 373,577 shares of the premier technology solutions leader’s stock, valued at approximately $30,503,000. Qnity Electronics accounts for 1.3% of Staley Capital Advisers Inc.’s investment portfolio, making the stock its 25th largest position.

Other institutional investors have also recently bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Qnity Electronics in the fourth quarter worth about $25,000. Dunhill Financial LLC acquired a new stake in shares of Qnity Electronics in the fourth quarter worth $25,000. Armstrong Advisory Group Inc. acquired a new position in Qnity Electronics during the fourth quarter valued at $26,000. Provenance Wealth Advisors LLC purchased a new position in Qnity Electronics during the 4th quarter valued at about $27,000. Finally, Stephens Consulting LLC purchased a new stake in Qnity Electronics in the 4th quarter worth approximately $30,000.

Qnity Electronics Stock Performance

Shares of Q opened at $156.91 on Friday. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The firm has a market cap of $32.85 billion and a price-to-earnings ratio of 85.74. The firm has a 50-day moving average of $128.88. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 2.12.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.16. The company had revenue of $1.32 billion for the quarter. Qnity Electronics’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. As a group, equities analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued 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 Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is presently 17.49%.

Analysts Set New Price Targets

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

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.