Harbor Capital Advisors Inc. Makes New $361,000 Investment in Qnity Electronics, Inc. $Q

Harbor Capital Advisors Inc. purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,417 shares of the premier technology solutions leader’s stock, valued at approximately $361,000.

Other hedge funds also recently bought and sold shares of the company. Cohen Klingenstein LLC purchased a new position in Qnity Electronics during the fourth quarter worth $587,000. Quantum Financial Advisors LLC purchased a new position in Qnity Electronics during the fourth quarter worth $854,000. Delta Capital Management LLC purchased a new position in Qnity Electronics during the fourth quarter worth $1,141,000. Wealth Enhancement Advisory Services LLC purchased a new position in Qnity Electronics during the fourth quarter worth $5,403,000. Finally, Czech National Bank purchased a new position in Qnity Electronics during the fourth quarter worth $4,509,000.

Wall Street Analyst Weigh In

Q has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $126.00 price target on shares of Qnity Electronics in a research report on Friday, February 20th. Oppenheimer started coverage on Qnity Electronics in a report on Tuesday, December 16th. They set an “outperform” rating and a $100.00 price objective on the stock. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, March 2nd. KeyCorp raised their price objective on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Finally, Mizuho set a $120.00 price objective on Qnity Electronics in a report on Monday, February 23rd. One equities 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. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $120.86.

Qnity Electronics Stock Down 0.0%

Q stock opened at $118.82 on Wednesday. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $140.60. The business’s fifty day simple moving average is $111.88. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $24.91 billion and a PE ratio of 64.93.

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

About Qnity Electronics

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