Czech National Bank acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:Q – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 55,224 shares of the premier technology solutions leader’s stock, valued at approximately $4,509,000.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. SG Americas Securities LLC acquired a new position in Qnity Electronics in the 4th quarter worth about $19,068,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at about $5,403,000. Quantum Financial Advisors LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at about $854,000. E. Ohman J or Asset Management AB bought a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $710,000. Finally, Abner Herrman & Brock LLC bought a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $592,000.
Analysts Set New Price Targets
A number of equities analysts recently commented on the company. Mizuho set a $120.00 price objective on Qnity Electronics in a report on Monday, February 23rd. Weiss Ratings began coverage on shares of Qnity Electronics in a research report on Thursday, January 22nd. They issued a “hold (c-)” rating for the company. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Oppenheimer started coverage on shares of Qnity Electronics in a report on Tuesday, December 16th. They set an “outperform” rating and a $100.00 price target on the stock. Finally, KeyCorp lifted their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $120.86.
Qnity Electronics Stock Performance
Q opened at $111.81 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. The company has a market cap of $23.44 billion and a P/E ratio of 61.10. The business’s 50-day moving average is $109.38. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $140.60.
Qnity Electronics (NYSE:Q – Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.18. The company 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% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.
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.
Featured Stories
Want to see what other hedge funds are holding Q? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qnity Electronics, Inc. (NYSE:Q – Free Report).
Receive News & Ratings for Qnity Electronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qnity Electronics and related companies with MarketBeat.com's FREE daily email newsletter.
