Aviance Capital Partners LLC Invests $320,000 in Qnity Electronics, Inc. $Q

Aviance Capital Partners LLC bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, HoldingsChannel reports. The fund bought 3,922 shares of the premier technology solutions leader’s stock, valued at approximately $320,000.

Other hedge funds have also recently modified their holdings of the company. Kestra Private Wealth Services LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $769,000. Cohen Klingenstein LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $587,000. KBC Group NV purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $12,189,000. Delta Capital Management LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $1,141,000. Finally, PFG Investments LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $831,000.

Analyst Ratings Changes

A number of brokerages recently issued reports on Q. BMO Capital Markets reissued an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Mizuho upped their price objective on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Royal Bank Of Canada upped their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Price Performance

Shares of Q stock opened at $145.06 on Wednesday. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. The stock has a market capitalization of $30.37 billion and a price-to-earnings ratio of 79.27. The stock’s 50-day moving average is $130.24. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52.

Qnity Electronics (NYSE:Q) last announced 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 company had revenue of $1.32 billion for the quarter. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio is currently 17.49%.

Qnity Electronics Company Profile

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