First National Trust Co Invests $274,000 in Qnity Electronics, Inc. $Q

First National Trust Co acquired a new position in Qnity Electronics, Inc. (NYSE:QFree Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 3,354 shares of the premier technology solutions leader’s stock, valued at approximately $274,000.

Several other institutional investors have also recently made changes to their positions in the stock. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Qnity Electronics in the fourth quarter worth about $25,000. Dunhill Financial LLC bought a new position in shares of Qnity Electronics in the fourth quarter worth about $25,000. Armstrong Advisory Group Inc. bought a new position in shares of Qnity Electronics in the fourth quarter worth about $26,000. Motco bought a new position in shares of Qnity Electronics in the fourth quarter worth about $27,000. Finally, Provenance Wealth Advisors LLC bought a new stake in Qnity Electronics during the 4th quarter valued at approximately $27,000.

Qnity Electronics Stock Performance

NYSE:Q opened at $156.88 on Tuesday. The firm has a market capitalization of $32.84 billion and a PE ratio of 53.91. The stock’s fifty day moving average is $133.61 and its 200 day moving average is $108.29. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $171.52. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12.

Qnity Electronics (NYSE:QGet Free Report) last posted its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The company’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. On average, sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

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

Analysts Set New Price Targets

Q has been the topic of several recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Royal Bank Of Canada lifted their target price on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. BMO Capital Markets reissued an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a research note on Wednesday, May 13th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $151.33.

Read Our Latest Research Report on Qnity Electronics

Qnity Electronics Profile

(Free Report)

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

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Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

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