Analysts Set Qnity Electronics, Inc. (NYSE:Q) Target Price at $151.78

Shares of Qnity Electronics, Inc. (NYSE:Q) have been given a consensus recommendation of “Buy” by the ten ratings firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $151.7778.

Several research analysts have commented on the stock. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. Weiss Ratings lowered shares of Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, August 5th. BMO Capital Markets upped their price target on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Qnity Electronics in a research report on Wednesday, August 5th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th.

Insider Activity at Qnity Electronics

In other Qnity Electronics news, Director Bondt Karin De purchased 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were purchased at an average cost of $138.14 per share, with a total value of $138,140.00. Following the completion of the transaction, the director owned 6,647 shares of the company’s stock, valued at approximately $918,216.58. This represents a 17.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.15% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Qnity Electronics

A number of large investors have recently made changes to their positions in Q. First Bancorp Inc ME purchased a new position in Qnity Electronics during the second quarter valued at approximately $32,000. Markowski Investments acquired a new stake in shares of Qnity Electronics during the 2nd quarter valued at $33,000. NBH Bank acquired a new stake in shares of Qnity Electronics during the 2nd quarter valued at $34,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in shares of Qnity Electronics by 71.8% during the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after buying an additional 89 shares during the period. Finally, Bank & Trust Co purchased a new position in shares of Qnity Electronics during the 2nd quarter valued at $43,000.

Qnity Electronics Trading Up 1.9%

Shares of NYSE:Q opened at $117.69 on Monday. The stock has a market capitalization of $24.62 billion and a price-to-earnings ratio of 42.03. Qnity Electronics has a 1-year low of $70.50 and a 1-year high of $177.28. The company has a 50 day moving average price of $137.02 and a 200 day moving average price of $135.73. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.50 and a current ratio of 2.01.

Qnity Electronics (NYSE:Q) last released its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share for the quarter, topping the consensus estimate of $1.07 by $0.12. The business had revenue of $1.43 billion during the quarter. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%.Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, research analysts anticipate that Qnity Electronics will post 4.52 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $0.08 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.3%. Qnity Electronics’s dividend payout ratio is presently 11.43%.

Qnity Electronics Company Profile

Qnity Electronics, Inc (NYSE:Q) is a global semiconductor materials and electronic solutions company. The company develops materials and technologies used throughout the semiconductor manufacturing process, including wafer fabrication, advanced packaging and the production of high-performance electronic components.

Its offerings include chemical-mechanical planarization materials, photoresists, dielectric and metallization materials, cleaning and etching solutions, thermal-management products, and materials for semiconductor interconnects and advanced packaging.