Midway Capital Research & Management Takes Position in Qnity Electronics, Inc. $Q

Midway Capital Research & Management purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 12,962 shares of the premier technology solutions leader’s stock, valued at approximately $1,058,000.

Other large investors also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC acquired a new stake in Qnity Electronics in the 4th quarter valued at $25,000. Dunhill Financial LLC acquired a new stake in Qnity Electronics during the 4th quarter valued at approximately $25,000. Armstrong Advisory Group Inc. bought a new stake in shares of Qnity Electronics in the fourth quarter worth $26,000. Provenance Wealth Advisors LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth about $27,000. Finally, Motco bought a new stake in Qnity Electronics in the fourth quarter valued at about $27,000.

Qnity Electronics Trading Up 0.1%

Shares of NYSE:Q opened at $169.15 on Friday. The firm has a fifty day moving average of $148.57 and a two-hundred day moving average of $117.41. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $171.52. The firm has a market capitalization of $35.41 billion and a P/E ratio of 58.13.

Qnity Electronics (NYSE:Q) last issued its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.31 billion during 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. On average, equities analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a $0.08 dividend. The ex-dividend date was Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Qnity Electronics’s dividend payout ratio is currently 11.00%.

Analysts Set New Price Targets

Several research firms have weighed in on Q. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. KeyCorp raised their price target on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a research note on Wednesday, May 13th. The Goldman Sachs Group reissued a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Qnity Electronics presently has an average rating of “Moderate Buy” and an average target price of $151.33.

About Qnity Electronics

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