Kingsview Wealth Management LLC Invests $523,000 in Qnity Electronics, Inc. $Q

Kingsview Wealth Management LLC acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 6,403 shares of the premier technology solutions leader’s stock, valued at approximately $523,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Texas Capital Bank Wealth Management Services Inc bought a new stake in Qnity Electronics during the fourth quarter worth approximately $265,000. MTM Investment Management LLC bought a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $58,000. Geode Capital Management LLC bought a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $435,786,000. Fidelis Capital Partners LLC acquired a new stake in shares of Qnity Electronics in the fourth quarter worth $236,000. Finally, King Luther Capital Management Corp acquired a new stake in shares of Qnity Electronics in the fourth quarter worth $8,189,000.

Qnity Electronics Price Performance

NYSE:Q opened at $155.86 on Wednesday. The company has a 50-day moving average of $138.20 and a 200-day moving average of $110.48. The company has a market capitalization of $32.63 billion and a price-to-earnings ratio of 53.56. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12.

Qnity Electronics (NYSE:Q) last posted its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The business had revenue of $1.32 billion during the quarter. The company’s revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. As a group, equities research analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share 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. Stockholders of record on Friday, May 29th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio is currently 11.00%.

Analyst Ratings Changes

Q has been the topic of a number of research analyst reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. KeyCorp boosted their target price 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. BMO Capital Markets reiterated an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a research report on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Profile

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