Greenwich Wealth Management LLC Acquires New Position in Qnity Electronics, Inc. $Q

Greenwich Wealth Management LLC acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 10,475 shares of the premier technology solutions leader’s stock, valued at approximately $855,000.

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

Qnity Electronics Trading Up 2.6%

Shares of NYSE:Q opened at $155.86 on Wednesday. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. 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’s fifty day simple moving average is $138.20 and its 200 day simple moving average is $110.48. The firm has a market cap of $32.63 billion and a price-to-earnings ratio of 53.56.

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

Qnity Electronics Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

Analysts Set New Price Targets

Q has been the topic of a number of recent analyst reports. The Goldman Sachs Group reissued a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Mizuho lifted their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Royal Bank Of Canada lifted their price target on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Finally, KeyCorp lifted their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Profile

Qnity Electronics is a company focused on electronics-related products and solutions for industrial and commercial customers. Publicly available information about its operations is limited, so a detailed description of its product portfolio, end markets, and geographic reach is not readily available.

Because reliable information on the company’s history, leadership, and specific business segments is not sufficiently available, a fuller company profile cannot be provided without risking inaccuracy.