FCA Corp TX Invests $610,000 in Qnity Electronics, Inc. $Q

FCA Corp TX acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the first quarter, Holdings Channel.com reports. The firm acquired 5,287 shares of the premier technology solutions leader’s stock, valued at approximately $610,000.

Several other hedge funds have also made changes to their positions in the stock. Klingman & Associates LLC acquired a new stake in Qnity Electronics during the first quarter worth about $265,000. Modern Wealth Management LLC acquired a new position in Qnity Electronics in the 1st quarter valued at approximately $256,000. Arrowstreet Capital Limited Partnership acquired a new position in Qnity Electronics in the 1st quarter valued at approximately $66,284,000. Bowen Hanes & Co. Inc. bought a new stake in shares of Qnity Electronics in the 1st quarter worth approximately $248,000. Finally, Gibbs Wealth Management bought a new stake in shares of Qnity Electronics in the 1st quarter worth approximately $378,000.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Mizuho lifted their price objective on Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a research note on Wednesday, May 13th. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada lowered their price target on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating on the stock in a report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Qnity Electronics has an average rating of “Buy” and a consensus price target of $151.78.

Qnity Electronics Stock Down 0.3%

NYSE Q opened at $138.39 on Friday. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $177.28. The company has a market capitalization of $28.97 billion and a price-to-earnings ratio of 47.56. The stock’s 50 day moving average is $150.95 and its two-hundred day moving average is $128.78. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last issued its earnings results 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 company had revenue of $1.31 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. Equities analysts forecast that Qnity Electronics, Inc. will post 4.16 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 Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s dividend payout ratio is 11.00%.

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.