Keynote Financial Services LLC Takes Position in Qnity Electronics, Inc. $Q

Keynote Financial Services LLC acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 3,931 shares of the premier technology solutions leader’s stock, valued at approximately $321,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Kestra Private Wealth Services LLC purchased a new position in shares of Qnity Electronics in the 4th quarter valued at about $769,000. Cohen Klingenstein LLC purchased a new position in shares of Qnity Electronics in the 4th quarter valued at about $587,000. KBC Group NV purchased a new position in shares of Qnity Electronics in the 4th quarter valued at about $12,189,000. Wesbanco Bank Inc. purchased a new position in shares of Qnity Electronics in the 4th quarter valued at about $1,566,000. Finally, Delta Capital Management LLC purchased a new position in shares of Qnity Electronics in the 4th quarter valued at about $1,141,000.

Analysts Set New Price Targets

Q has been the subject of several recent analyst reports. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. KeyCorp lifted 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. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada lifted their price target on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Price Performance

Shares of Qnity Electronics stock opened at $150.42 on Friday. The business has a 50 day simple moving average of $144.40 and a two-hundred day simple moving average of $114.50. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. The stock has a market capitalization of $31.49 billion and a P/E ratio of 51.69. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57.

Qnity Electronics (NYSE:Q) last announced its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The firm’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, analysts predict that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio is presently 11.00%.

Qnity Electronics Company Profile

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