5,905 Shares in Qnity Electronics, Inc. $Q Bought by Reflection Asset Management

Reflection Asset Management bought a new position in 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 institutional investor bought 5,905 shares of the premier technology solutions leader’s stock, valued at approximately $482,000.

Several other hedge funds also recently modified their holdings of the company. Kestra Private Wealth Services LLC acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $769,000. Cohen Klingenstein LLC bought a new stake in Qnity Electronics during the 4th quarter valued at $587,000. KBC Group NV bought a new stake in shares of Qnity Electronics during the fourth quarter worth about $12,189,000. Delta Capital Management LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter worth approximately $1,141,000. Finally, Wesbanco Bank Inc. purchased a new stake in Qnity Electronics in the 4th quarter valued at $1,566,000.

Qnity Electronics Trading Up 0.1%

NYSE:Q opened at $169.15 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The company’s 50-day simple moving average is $148.57 and its 200 day simple moving average is $117.41. Qnity Electronics, Inc. has a one year low of $70.50 and a one year 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 quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.16. The company had revenue of $1.31 billion for the quarter. The firm’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, analysts forecast that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have recently commented on Q shares. KeyCorp lifted their target price on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a research report on Wednesday, May 13th. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Finally, Royal Bank Of Canada lifted their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus 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.