Schulhoff & Co. Inc. Invests $325,000 in Qnity Electronics, Inc. $Q

Schulhoff & Co. Inc. purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 4,200 shares of the premier technology solutions leader’s stock, valued at approximately $325,000.

Several other institutional investors have also modified their holdings of the company. Kestra Private Wealth Services LLC acquired a new position in Qnity Electronics in the 4th quarter valued at $769,000. Cohen Klingenstein LLC acquired a new position in Qnity Electronics in the 4th quarter valued at $587,000. KBC Group NV acquired a new position in Qnity Electronics in the 4th quarter valued at $12,189,000. Delta Capital Management LLC acquired a new position in Qnity Electronics in the 4th quarter valued at $1,141,000. Finally, Keybank National Association OH acquired a new position in Qnity Electronics in the 4th quarter valued at $6,586,000.

Qnity Electronics Stock Up 0.2%

Shares of NYSE Q opened at $142.31 on Monday. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $171.52. The firm has a fifty day moving average of $141.14 and a 200-day moving average of $112.35. The stock has a market capitalization of $29.79 billion and a PE ratio of 48.91. 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 announced its quarterly earnings data 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 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, analysts anticipate that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on Q. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. KeyCorp boosted their price target on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. BMO Capital Markets reiterated an “outperform” rating and issued a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada boosted their price target on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Qnity Electronics currently has an average rating of “Moderate Buy” and a consensus price target of $151.33.

About Qnity Electronics

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