19,177 Shares in Qnity Electronics, Inc. $Q Purchased by Wesbanco Bank Inc.

Wesbanco Bank Inc. purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 19,177 shares of the premier technology solutions leader’s stock, valued at approximately $1,566,000.

A number of other large investors have also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC purchased a new stake in Qnity Electronics in the 4th quarter valued at about $25,000. Dunhill Financial LLC bought a new stake in shares of Qnity Electronics in the 4th quarter valued at about $25,000. Armstrong Advisory Group Inc. purchased a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $26,000. Provenance Wealth Advisors LLC purchased a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $27,000. Finally, Stephens Consulting LLC purchased a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $30,000.

Qnity Electronics Stock Performance

Q stock opened at $147.24 on Friday. The firm has a market capitalization of $30.86 billion and a price-to-earnings ratio of 80.46. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The firm’s fifty day moving average price is $124.47. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $151.36.

Qnity Electronics (NYSE:Q) last released its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, beating the consensus estimate of $0.64 by $0.18. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. The business’s revenue was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. Research analysts predict that Qnity Electronics, Inc. will post 3.78 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is presently 17.49%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on Q. Royal Bank Of Canada upped their price target on shares of Qnity Electronics from $139.00 to $150.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $170.00 price objective on shares of Qnity Electronics in a research note on Thursday. Weiss Ratings began coverage on shares of Qnity Electronics in a research report on Thursday, January 22nd. They set a “hold (c-)” rating on the stock. Mizuho set a $120.00 target price on shares of Qnity Electronics in a research report on Monday, February 23rd. Finally, KeyCorp boosted their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $129.57.

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.