Tufton Capital Management Invests $1.42 Million in Qnity Electronics, Inc. $Q

Tufton Capital Management acquired a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 17,412 shares of the premier technology solutions leader’s stock, valued at approximately $1,421,000.

Several other institutional investors have also recently added to or reduced their stakes in Q. Moisand Fitzgerald Tamayo LLC purchased a new stake in Qnity Electronics in the fourth quarter valued at approximately $25,000. Armstrong Advisory Group Inc. purchased a new position in shares of Qnity Electronics during the fourth quarter worth $26,000. Provenance Wealth Advisors LLC purchased a new position in shares of Qnity Electronics during the fourth quarter worth $27,000. Stephens Consulting LLC acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at $30,000. Finally, Sound Income Strategies LLC acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at $32,000.

Analysts Set New Price Targets

Q has been the topic of several research reports. Royal Bank Of Canada increased their target price on Qnity Electronics from $118.00 to $133.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $126.00 target price on shares of Qnity Electronics in a research report on Friday, February 20th. Weiss Ratings assumed coverage on shares of Qnity Electronics in a research report on Thursday, January 22nd. They set a “hold (c-)” rating on the stock. Mizuho set a $120.00 price objective on shares of Qnity Electronics in a research note on Monday, February 23rd. Finally, KeyCorp lifted their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Six investment 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 presently has an average rating of “Moderate Buy” and an average price target of $120.86.

Qnity Electronics Trading Up 3.2%

Qnity Electronics stock opened at $139.21 on Thursday. The stock has a market capitalization of $29.18 billion and a price-to-earnings ratio of 76.07. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $140.60. The stock’s fifty day moving average is $118.96.

Qnity Electronics (NYSE:Q) last released its 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 during the quarter, compared to analysts’ expectations of $1.15 billion. The company’s revenue was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. Sell-side analysts predict that Qnity Electronics, Inc. will post 3.78 earnings per share for the current year.

Qnity Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is presently 17.49%.

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.