Qnity Electronics, Inc. (NYSE:Q) Given Consensus Recommendation of “Buy” by Analysts

Qnity Electronics, Inc. (NYSE:Q) has been assigned an average rating of “Buy” from the ten analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $151.7778.

Q has been the topic of several recent analyst reports. Weiss Ratings lowered Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Qnity Electronics in a research report on Wednesday, August 5th. Zacks Research raised Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. BMO Capital Markets boosted their target price on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. Finally, Mizuho upped their target price on Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st.

Insider Transactions at Qnity Electronics

In other Qnity Electronics news, Director Bondt De bought 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The shares were acquired at an average cost of $138.14 per share, for a total transaction of $138,140.00. Following the transaction, the director directly owned 6,647 shares in the company, valued at approximately $918,216.58. This represents a 17.71% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.15% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Qnity Electronics

Several large investors have recently modified their holdings of Q. First Bancorp Inc ME acquired a new stake in Qnity Electronics in the second quarter valued at $32,000. Markowski Investments acquired a new position in Qnity Electronics during the 2nd quarter worth about $33,000. NBH Bank bought a new stake in shares of Qnity Electronics in the 2nd quarter valued at about $34,000. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Qnity Electronics by 71.8% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after buying an additional 89 shares during the last quarter. Finally, Bank & Trust Co acquired a new stake in shares of Qnity Electronics in the second quarter valued at about $43,000.

Qnity Electronics Price Performance

Shares of NYSE:Q opened at $120.53 on Monday. The firm has a 50 day moving average of $135.29 and a 200-day moving average of $135.85. The stock has a market capitalization of $25.22 billion and a PE ratio of 43.05. The company has a current ratio of 2.01, a quick ratio of 1.50 and a debt-to-equity ratio of 0.53. Qnity Electronics has a 12 month low of $70.50 and a 12 month high of $177.28.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.12. Qnity Electronics had a net margin of 11.25% and a return on equity of 10.83%. The business had revenue of $1.43 billion for the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities research analysts predict that Qnity Electronics will post 4.52 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s payout ratio is 11.43%.

About Qnity Electronics

Qnity Electronics, Inc is a global provider of advanced materials and solutions used in semiconductor manufacturing and other electronic applications. The company develops technologies that support chip fabrication, advanced packaging, interconnects, and the production of high-performance electronic components.

Its portfolio includes semiconductor processing materials, electronic materials, packaging and interconnect solutions, and related products designed to improve the performance, reliability, and efficiency of electronic devices.