Coldstream Capital Management Inc. Purchases New Shares in Qnity Electronics, Inc. $Q

Coldstream Capital Management Inc. purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,230 shares of the premier technology solutions leader’s stock, valued at approximately $345,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Kestra Private Wealth Services LLC acquired a new position in Qnity Electronics in the 4th quarter valued at $769,000. Cohen Klingenstein LLC acquired a new position in Qnity Electronics in the 4th quarter valued at $587,000. KBC Group NV acquired a new position in Qnity Electronics in the 4th quarter valued at $12,189,000. Delta Capital Management LLC acquired a new position in Qnity Electronics in the 4th quarter valued at $1,141,000. Finally, Keybank National Association OH acquired a new position in Qnity Electronics in the 4th quarter valued at $6,586,000.

Wall Street Analyst Weigh In

Q has been the subject of several analyst reports. Royal Bank Of Canada lifted their price objective on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. KeyCorp boosted their price target on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a report on Wednesday, May 13th. The Goldman Sachs Group reissued a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Mizuho boosted their price target on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Trading Down 1.9%

Shares of Q stock opened at $155.90 on Friday. The stock’s fifty day simple moving average is $137.41 and its 200 day simple moving average is $110.00. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $171.52. The firm has a market capitalization of $32.64 billion and a P/E ratio of 53.57. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last released its quarterly earnings results 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 company had revenue of $1.32 billion during the quarter. The business’s revenue for the quarter 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, sell-side analysts predict that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a dividend of $0.08 per share. The ex-dividend date is Friday, May 29th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio is presently 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.