Cary Street Partners Financial LLC Makes New Investment in Qnity Electronics, Inc. $Q

Cary Street Partners Financial LLC bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, Holdings Channel.com reports. The firm bought 17,275 shares of the premier technology solutions leader’s stock, valued at approximately $1,411,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in Q. Moisand Fitzgerald Tamayo LLC bought a new position in Qnity Electronics during the fourth quarter worth about $25,000. Dunhill Financial LLC bought a new position in Qnity Electronics during the fourth quarter worth about $25,000. Armstrong Advisory Group Inc. bought a new position in Qnity Electronics during the fourth quarter worth about $26,000. Provenance Wealth Advisors LLC bought a new position in Qnity Electronics during the fourth quarter worth about $27,000. Finally, Motco bought a new position in Qnity Electronics during the fourth quarter worth about $27,000.

Analyst Ratings Changes

A number of research firms have recently commented on Q. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Mizuho raised their price objective on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Royal Bank Of Canada raised their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Trading Down 0.1%

Shares of Qnity Electronics stock opened at $159.03 on Friday. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52. The firm has a market cap of $33.29 billion and a PE ratio of 54.65. 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 company has a 50 day simple moving average of $136.57 and a two-hundred day simple moving average of $109.68.

Qnity Electronics (NYSE:Q) last announced its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.16. The company had revenue of $1.32 billion for the quarter. Qnity Electronics’s revenue for the quarter 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. Analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently announced 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 annualized dividend and a yield of 0.2%. Qnity Electronics’s payout ratio is presently 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.