Savant Capital LLC Acquires Shares of 5,415 Qnity Electronics, Inc. $Q

Savant Capital LLC bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 5,415 shares of the premier technology solutions leader’s stock, valued at approximately $442,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $25,000. Dunhill Financial LLC bought a new stake in Qnity Electronics during the fourth quarter worth $25,000. Armstrong Advisory Group Inc. purchased a new position in Qnity Electronics in the fourth quarter worth $26,000. Motco bought a new position in Qnity Electronics in the 4th quarter valued at $27,000. Finally, Provenance Wealth Advisors LLC bought a new position in Qnity Electronics in the 4th quarter valued at $27,000.

Analyst Upgrades and Downgrades

Q has been the subject of several research analyst reports. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Mizuho raised their price objective on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Royal Bank Of Canada lifted their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research note 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 stock. According to MarketBeat, Qnity Electronics currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Stock Performance

Shares of Q opened at $154.68 on Friday. The firm has a market cap of $32.38 billion and a PE ratio of 53.16. The stock’s fifty day moving average price is $140.70 and its two-hundred day moving average price is $111.92. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The firm’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. On average, equities research analysts forecast that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Announces Dividend

The firm 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 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 Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is currently 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.