ABN Amro Investment Solutions Purchases New Shares in Qnity Electronics, Inc. $Q

ABN Amro Investment Solutions purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, Holdings Channel.com reports. The fund purchased 9,657 shares of the premier technology solutions leader’s stock, valued at approximately $788,000.

A number of other institutional investors and hedge funds have also bought and sold shares of Q. Moisand Fitzgerald Tamayo LLC purchased a new stake in Qnity Electronics in the 4th quarter valued at $25,000. Dunhill Financial LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter valued at $25,000. Armstrong Advisory Group Inc. purchased a new stake in shares of Qnity Electronics during the 4th quarter valued at $26,000. Provenance Wealth Advisors LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter valued at $27,000. Finally, Covestor Ltd purchased a new stake in shares of Qnity Electronics during the 4th quarter valued at $28,000.

Qnity Electronics Stock Down 0.0%

Q stock opened at $156.88 on Monday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. The company has a market capitalization of $32.84 billion and a price-to-earnings ratio of 53.91. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $171.52. The stock has a fifty day moving average of $132.60 and a 200-day moving average of $107.90.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. As a group, equities research analysts predict that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on Q shares. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Mizuho raised their target price on Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. KeyCorp raised their target price on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a research report on Wednesday, May 13th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Qnity Electronics presently has an average rating of “Moderate Buy” and an average target price of $151.33.

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.