135,805 Shares in Qnity Electronics, Inc. $Q Bought by Moore Capital Management LP

Moore Capital Management LP purchased a new position in Qnity Electronics, Inc. (NYSE:QFree Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 135,805 shares of the premier technology solutions leader’s stock, valued at approximately $11,088,000. Moore Capital Management LP owned about 0.06% of Qnity Electronics as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC bought a new stake in Qnity Electronics in the fourth quarter worth $25,000. Dunhill Financial LLC bought a new stake in Qnity Electronics in the fourth quarter worth $25,000. Armstrong Advisory Group Inc. bought a new stake in Qnity Electronics in the fourth quarter worth $26,000. Provenance Wealth Advisors LLC bought a new stake in Qnity Electronics in the fourth quarter worth $27,000. Finally, Motco bought a new stake in Qnity Electronics in the fourth quarter worth $27,000.

Wall Street Analyst Weigh In

Q has been the subject of a number of analyst reports. Mizuho raised their price target on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research report on Wednesday, May 13th. KeyCorp lifted their target price on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Royal Bank Of Canada lifted their target price on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, BMO Capital Markets reiterated an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $151.33.

Read Our Latest Report on Q

Qnity Electronics Stock Up 2.8%

NYSE:Q opened at $156.49 on Thursday. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $171.52. The company has a market cap of $32.76 billion and a price-to-earnings ratio of 53.78. The stock has a fifty day simple moving average of $146.76 and a 200-day simple moving average of $116.42. 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:QGet Free Report) last released its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.16. The business had revenue of $1.32 billion for the quarter. The firm’s quarterly 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. Analysts anticipate that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were given 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 was Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is 11.00%.

Qnity Electronics Company Profile

(Free Report)

See Also

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Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

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