11,651 Shares in Qnity Electronics, Inc. $Q Purchased by Moors & Cabot Inc.

Moors & Cabot Inc. purchased a new position in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 11,651 shares of the premier technology solutions leader’s stock, valued at approximately $951,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Kestra Private Wealth Services LLC purchased a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $769,000. Cohen Klingenstein LLC purchased a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $587,000. KBC Group NV purchased a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $12,189,000. Delta Capital Management LLC purchased a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $1,141,000. Finally, Keybank National Association OH purchased a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $6,586,000.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on Q. 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. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Mizuho boosted their target price on Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. BMO Capital Markets restated an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics 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 equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Stock Performance

Qnity Electronics stock opened at $155.90 on Friday. The company has a 50 day moving average price of $137.41 and a 200-day moving average price of $110.00. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $171.52. The company has a market capitalization of $32.64 billion and a PE ratio of 53.57.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.16. The company had revenue of $1.32 billion for the quarter. The firm’s quarterly 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. As a group, equities analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The business also recently declared 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. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s payout ratio is currently 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.