Syon Capital LLC Invests $567,000 in Qnity Electronics, Inc. $Q

Syon Capital LLC purchased a new position in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, HoldingsChannel reports. The firm purchased 6,950 shares of the premier technology solutions leader’s stock, valued at approximately $567,000.

Several other large investors also recently added to or reduced their stakes in the stock. Kestra Private Wealth Services LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at $769,000. Cohen Klingenstein LLC bought a new stake in Qnity Electronics during the 4th quarter valued at about $587,000. KBC Group NV purchased a new stake in Qnity Electronics in the 4th quarter valued at about $12,189,000. Wesbanco Bank Inc. bought a new position in Qnity Electronics in the 4th quarter worth about $1,566,000. Finally, Delta Capital Management LLC bought a new position in Qnity Electronics in the 4th quarter worth about $1,141,000.

Qnity Electronics Trading Down 3.5%

Shares of NYSE Q opened at $139.65 on Thursday. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52. The business has a fifty day moving average price of $143.08 and a 200 day moving average price of $113.72. The stock has a market capitalization of $29.23 billion and a P/E ratio of 47.99. 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 (NYSE:Q) last released its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion during the quarter. The company’s revenue was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Equities research analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s payout ratio is currently 11.00%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on Q shares. Royal Bank Of Canada increased their price objective on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Mizuho increased their price target on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Qnity Electronics has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

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.