Janney Montgomery Scott LLC Purchases 81,766 Shares of Qnity Electronics, Inc. $Q

Janney Montgomery Scott LLC lifted its position in shares of Qnity Electronics, Inc. (NYSE:Q) by 113.8% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 153,600 shares of the premier technology solutions leader’s stock after purchasing an additional 81,766 shares during the quarter. Janney Montgomery Scott LLC owned 0.07% of Qnity Electronics worth $17,722,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cornerstone Wealth Group LLC bought a new stake in Qnity Electronics during the 1st quarter valued at $294,000. Fort Washington Investment Advisors Inc. OH raised its holdings in Qnity Electronics by 3.6% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 237,938 shares of the premier technology solutions leader’s stock worth $27,453,000 after buying an additional 8,373 shares during the last quarter. Sterling Capital Management LLC lifted its stake in shares of Qnity Electronics by 20.8% in the first quarter. Sterling Capital Management LLC now owns 15,144 shares of the premier technology solutions leader’s stock valued at $1,747,000 after buying an additional 2,607 shares in the last quarter. Fruth Investment Management lifted its stake in shares of Qnity Electronics by 12.2% in the first quarter. Fruth Investment Management now owns 9,741 shares of the premier technology solutions leader’s stock valued at $1,123,000 after buying an additional 1,057 shares in the last quarter. Finally, Aaron Wealth Advisors LLC acquired a new position in shares of Qnity Electronics during the first quarter valued at about $325,000.

Analyst Upgrades and Downgrades

Several research firms have recently commented on Q. The Goldman Sachs Group reissued a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research note on Wednesday, May 13th. Mizuho boosted their price objective on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Zacks Research downgraded Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Eight 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 currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Trading Up 3.8%

Shares of Q stock opened at $164.19 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. The company has a market capitalization of $34.37 billion and a price-to-earnings ratio of 56.42. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $177.28. The company has a 50-day simple moving average of $152.87 and a two-hundred day simple moving average of $121.64.

Qnity Electronics (NYSE:Q) last announced its earnings results 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 business had revenue of $1.31 billion during the quarter. The company’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. Research analysts anticipate that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s dividend payout ratio (DPR) 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.