Capital Asset Advisory Services LLC Acquires Shares of 5,542 Qnity Electronics, Inc. $Q

Capital Asset Advisory Services LLC acquired a new stake in Qnity Electronics, Inc. (NYSE:QFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 5,542 shares of the premier technology solutions leader’s stock, valued at approximately $453,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in Q. Armstrong Advisory Group Inc. bought a new stake in Qnity Electronics in the 4th quarter valued at $26,000. Gladwyn Financial Advisors Inc. acquired a new stake in Qnity Electronics during the 4th quarter valued at $48,000. True Wealth Design LLC bought a new position in Qnity Electronics during the fourth quarter worth $49,000. Adirondack Trust Co. bought a new position in Qnity Electronics during the fourth quarter worth $51,000. Finally, MassMutual Private Wealth & Trust FSB acquired a new position in shares of Qnity Electronics in the fourth quarter valued at $52,000.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $126.00 price objective on shares of Qnity Electronics in a research report on Friday, February 20th. Wall Street Zen raised shares of Qnity Electronics to a “hold” rating in a report on Friday, November 28th. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. KeyCorp increased their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Finally, Weiss Ratings assumed coverage on shares of Qnity Electronics in a research report on Thursday, January 22nd. They set a “hold (c-)” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $120.86.

Get Our Latest Stock Analysis on Q

Qnity Electronics Stock Performance

Shares of NYSE Q opened at $118.19 on Wednesday. The company has a market capitalization of $24.78 billion and a PE ratio of 64.58. The stock has a fifty day moving average of $108.07. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $140.60. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:QGet Free Report) last announced its quarterly earnings data 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. Qnity Electronics’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.

Qnity Electronics Company Profile

(Free Report)

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

Further Reading

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Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

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