Buckley Wealth Management LLC Makes New Investment in Qnity Electronics, Inc. $Q

Buckley Wealth Management LLC purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, Holdings Channel.com reports. The fund purchased 13,772 shares of the premier technology solutions leader’s stock, valued at approximately $1,124,000.

Several other institutional investors have also recently made changes to their positions in the stock. Nuveen LLC acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $194,980,000. Xponance LLC acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $2,652,000. IFM Investors Pty Ltd acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $3,339,000. TCTC Holdings LLC acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $97,000. Finally, ARK Investment Management LLC acquired a new position in shares of Qnity Electronics during the 4th quarter worth approximately $36,000.

Qnity Electronics Stock Performance

Shares of NYSE Q opened at $149.53 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The stock’s fifty day moving average price is $143.76 and its two-hundred day moving average price is $114.24. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $171.52. The firm has a market cap of $31.30 billion and a price-to-earnings ratio of 51.39.

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

Qnity Electronics Announces Dividend

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 issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio is currently 11.00%.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Mizuho boosted their target price on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a report on Wednesday, May 13th. Finally, Royal Bank Of Canada boosted their target price on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. 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 data from MarketBeat.com, Qnity Electronics presently has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

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.