RiverFront Investment Group LLC Purchases Shares of 8,785 Qnity Electronics, Inc. $Q

RiverFront Investment Group LLC purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 8,785 shares of the premier technology solutions leader’s stock, valued at approximately $717,000.

Several other hedge funds have also bought and sold shares of Q. Moisand Fitzgerald Tamayo LLC bought a new stake in Qnity Electronics during the fourth quarter valued at about $25,000. Dunhill Financial LLC bought a new stake in Qnity Electronics during the fourth quarter valued at about $25,000. Armstrong Advisory Group Inc. bought a new stake in Qnity Electronics during the fourth quarter valued at about $26,000. Provenance Wealth Advisors LLC bought a new stake in Qnity Electronics during the fourth quarter valued at about $27,000. Finally, Stephens Consulting LLC bought a new stake in Qnity Electronics during the fourth quarter valued at about $30,000.

Analyst Upgrades and Downgrades

Several research firms have issued reports on Q. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a report on Wednesday, May 13th. Royal Bank Of Canada boosted their price target 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 company an “overweight” rating in a report on Friday, February 27th. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Mizuho upped their price objective on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Stock Down 5.3%

NYSE Q opened at $148.88 on Tuesday. The company has a market capitalization of $31.17 billion and a price-to-earnings ratio of 81.36. 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 stock has a 50-day simple moving average of $129.54. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $171.52.

Qnity Electronics (NYSE:Q) last released 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 business had revenue of $1.32 billion during the quarter. Qnity Electronics’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. Research analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.08 dividend. The ex-dividend date of this dividend 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 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.