Cullen Frost Bankers Inc. Takes Position in Qnity Electronics, Inc. $Q

Cullen Frost Bankers Inc. acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 110,863 shares of the premier technology solutions leader’s stock, valued at approximately $9,052,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Qnity Electronics in the 4th quarter valued at about $25,000. Dunhill Financial LLC bought a new position in shares of Qnity Electronics in the 4th quarter valued at about $25,000. Armstrong Advisory Group Inc. bought a new position in shares of Qnity Electronics in the 4th quarter valued at about $26,000. Provenance Wealth Advisors LLC bought a new position in shares of Qnity Electronics in the 4th quarter valued at about $27,000. Finally, Covestor Ltd bought a new position in shares of Qnity Electronics in the 4th quarter valued at about $28,000.

Qnity Electronics Trading Up 5.4%

Shares of NYSE:Q opened at $153.15 on Thursday. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $171.52. The stock has a market cap of $32.06 billion and a PE ratio of 52.63. The business has a 50 day moving average of $131.02 and a 200-day moving average of $107.16. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. Qnity Electronics’s revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. As a group, equities research analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s payout ratio is currently 11.00%.

Analyst Ratings Changes

A number of brokerages have recently commented on Q. Zacks Research downgraded shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. KeyCorp lifted their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Finally, Royal Bank Of Canada increased their price target 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. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Qnity Electronics has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Profile

Qnity Electronics is a semiconductor and electronic materials company that develops and supplies products used in advanced technology manufacturing. Its offerings are focused on materials and solutions that support chip fabrication, electronics assembly, and other industrial applications where precision and performance are critical.

The company serves customers across the electronics and semiconductor supply chain, providing products designed to help enable smaller, faster, and more reliable electronic devices.