Prospera Financial Services Inc Purchases Shares of 44,843 Qnity Electronics, Inc. $Q

Prospera Financial Services Inc purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 44,843 shares of the premier technology solutions leader’s stock, valued at approximately $3,661,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in Q. Vanguard Group Inc. acquired a new position in shares of Qnity Electronics during the 4th quarter worth about $2,226,626,000. Massachusetts Financial Services Co. MA purchased a new stake in shares of Qnity Electronics during the fourth quarter worth approximately $125,587,000. UBS Group AG purchased a new stake in Qnity Electronics in the 4th quarter valued at $120,414,000. M&T Bank Corp purchased a new stake in Qnity Electronics in the 4th quarter valued at $65,334,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in Qnity Electronics in the 4th quarter valued at $44,200,000.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a report on Wednesday, May 13th. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, KeyCorp raised their target price on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Down 0.0%

Q opened at $156.88 on Tuesday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The business has a 50 day simple moving average of $133.61 and a 200-day simple moving average of $108.29. The stock has a market capitalization of $32.84 billion and a P/E ratio of 53.91. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating the consensus estimate of $0.92 by $0.16. The business had revenue of $1.32 billion during the quarter. The firm’s revenue was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, equities analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

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

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.