Abner Herrman & Brock LLC Takes Position in Qnity Electronics, Inc. $Q

Abner Herrman & Brock LLC bought a new stake in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, Holdings Channel reports. The institutional investor bought 7,250 shares of the premier technology solutions leader’s stock, valued at approximately $592,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Neville Rodie & Shaw Inc. bought a new stake in Qnity Electronics in the 4th quarter valued at $526,000. GAMMA Investing LLC bought a new position in shares of Qnity Electronics during the 4th quarter worth about $461,000. Canal Capital Management LLC bought a new position in shares of Qnity Electronics during the 4th quarter worth about $331,000. Investors Research Corp acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at about $102,000. Finally, Board of the Pension Protection Fund bought a new stake in Qnity Electronics in the fourth quarter valued at about $73,000.

Qnity Electronics Trading Down 1.8%

Shares of Qnity Electronics stock opened at $111.97 on Friday. The company has a market capitalization of $23.48 billion and a PE ratio of 61.19. The business’s 50-day moving average price is $106.68. 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 $140.60.

Qnity Electronics (NYSE:Q) last posted its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.18. The firm had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The company’s quarterly revenue 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.

Wall Street Analysts Forecast Growth

Q has been the subject of a number of analyst reports. Wall Street Zen upgraded shares of Qnity Electronics to a “hold” rating in a research note on Friday, November 28th. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Oppenheimer began coverage on Qnity Electronics in a report on Tuesday, December 16th. They issued an “outperform” rating and a $100.00 target price for the company. Mizuho set a $120.00 target price on Qnity Electronics in a research report on Monday, February 23rd. Finally, Weiss Ratings began coverage on Qnity Electronics in a research note on Thursday, January 22nd. They issued a “hold (c-)” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Qnity Electronics currently has an average rating of “Buy” and a consensus target price of $120.86.

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.