Oppenheimer & Co. Inc. Takes Position in Qnity Electronics, Inc. $Q

Oppenheimer & Co. Inc. bought a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 11,933 shares of the premier technology solutions leader’s stock, valued at approximately $974,000.

Other institutional investors also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC bought a new position in Qnity Electronics in the 4th quarter worth approximately $25,000. Dunhill Financial LLC bought a new position in Qnity Electronics in the 4th quarter worth approximately $25,000. Armstrong Advisory Group Inc. bought a new position in Qnity Electronics in the 4th quarter worth approximately $26,000. Provenance Wealth Advisors LLC bought a new position in Qnity Electronics in the 4th quarter worth approximately $27,000. Finally, Stephens Consulting LLC bought a new position in Qnity Electronics in the 4th quarter worth approximately $30,000.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the company. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. KeyCorp increased their price objective on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Weiss Ratings assumed coverage on Qnity Electronics in a report on Thursday, January 22nd. They issued a “hold (c-)” rating for the company. Royal Bank Of Canada increased their price objective on Qnity Electronics from $139.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $170.00 price objective on shares of Qnity Electronics in a report on Thursday. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $129.57.

Qnity Electronics Price Performance

Q opened at $143.67 on Friday. The firm has a market capitalization of $30.11 billion and a P/E ratio of 78.51. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $151.36. The business has a 50 day moving average price of $124.47.

Qnity Electronics (NYSE:Q) last released its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.18. The firm had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.15 billion. The business’s revenue for the quarter 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. Equities analysts expect that Qnity Electronics, Inc. will post 3.78 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently announced 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. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio is 17.49%.

Qnity Electronics Company Profile

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.