8,264 Shares in Qnity Electronics, Inc. $Q Bought by Snider Financial Group

Snider Financial Group bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 8,264 shares of the premier technology solutions leader’s stock, valued at approximately $675,000.

Several other large investors have also bought and sold shares of Q. Allspring Global Investments Holdings LLC bought a new position in Qnity Electronics during the 4th quarter worth $44,200,000. Aberdeen Group plc bought a new position in Qnity Electronics during the 4th quarter worth $19,338,000. SG Americas Securities LLC bought a new position in Qnity Electronics during the 4th quarter worth $19,068,000. Fort Washington Investment Advisors Inc. OH bought a new position in Qnity Electronics during the 4th quarter worth $18,744,000. Finally, Wealth Enhancement Advisory Services LLC bought a new position in Qnity Electronics during the 4th quarter worth $5,403,000.

Analysts Set New Price Targets

Q has been the subject of several analyst reports. Zacks Research raised Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $126.00 price target on shares of Qnity Electronics in a report on Friday, February 20th. Royal Bank Of Canada increased their price target on Qnity Electronics from $118.00 to $133.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. KeyCorp increased their price target on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Finally, Weiss Ratings started coverage on Qnity Electronics in a report on Thursday, January 22nd. They set a “hold (c-)” rating for the company. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $120.86.

Qnity Electronics Stock Performance

Q stock opened at $118.82 on Wednesday. The firm has a market cap of $24.91 billion and a P/E ratio of 64.93. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $140.60. The company’s 50-day moving average is $111.88.

Qnity Electronics (NYSE:Q) last released its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.18. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. The company’s quarterly revenue was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

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.