14,262 Shares in Qnity Electronics, Inc. $Q Acquired by Profund Advisors LLC

Profund Advisors LLC bought a new stake in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 14,262 shares of the premier technology solutions leader’s stock, valued at approximately $1,164,000.

A number of other large investors have also recently bought and sold shares of Q. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Qnity Electronics in the fourth quarter worth $25,000. Dunhill Financial LLC acquired a new stake in shares of Qnity Electronics during the fourth quarter valued at $25,000. Armstrong Advisory Group Inc. purchased a new stake in Qnity Electronics during the 4th quarter worth about $26,000. Provenance Wealth Advisors LLC purchased a new stake in Qnity Electronics during the 4th quarter worth about $27,000. Finally, Stephens Consulting LLC acquired a new position in Qnity Electronics in the 4th quarter valued at about $30,000.

Qnity Electronics Stock Performance

NYSE Q opened at $153.15 on Thursday. The business’s 50-day moving average price is $131.02 and its 200 day moving average price is $107.16. 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, Inc. has a twelve month low of $70.50 and a twelve month high of $171.52. The company has a market capitalization of $32.06 billion and a PE ratio of 52.63.

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. Qnity Electronics’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, research analysts predict that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors 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 yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s payout ratio is presently 11.00%.

Analysts Set New Price Targets

Q has been the topic of a number of recent research reports. Mizuho upped their target price on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. KeyCorp upped their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. The Goldman Sachs Group restated a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, Qnity Electronics presently has an average rating of “Moderate Buy” and an average target price of $151.33.

About Qnity Electronics