HighTower Advisors LLC Takes $4.18 Million Position in Qnity Electronics, Inc. $Q

HighTower Advisors LLC acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 51,176 shares of the premier technology solutions leader’s stock, valued at approximately $4,179,000.

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

Analyst Upgrades and Downgrades

Q has been the subject of a number of research reports. Mizuho boosted their target price on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Zacks Research downgraded shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. 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, KeyCorp boosted their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Trading Down 0.1%

Shares of Qnity Electronics stock opened at $159.03 on Friday. The firm has a 50-day simple moving average of $136.57 and a two-hundred day simple moving average of $109.68. The company has a market cap of $33.29 billion and a P/E ratio of 54.65. 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 debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion during the quarter. Qnity Electronics’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 predict that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a $0.08 dividend. The ex-dividend date is Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio is 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.