Choate Investment Advisors Takes $1.46 Million Position in Qnity Electronics, Inc. $Q

Choate Investment Advisors acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, Holdings Channel reports. The fund acquired 17,827 shares of the premier technology solutions leader’s stock, valued at approximately $1,456,000.

Several other institutional investors also recently bought and sold shares of Q. Vanguard Group Inc. purchased a new position in Qnity Electronics during the fourth quarter valued at $2,226,626,000. Massachusetts Financial Services Co. MA purchased a new position in Qnity Electronics during the fourth quarter valued at $125,587,000. UBS Group AG purchased a new position in Qnity Electronics during the fourth quarter valued at $120,414,000. Legal & General Group Plc purchased a new position in Qnity Electronics during the fourth quarter valued at $112,534,000. Finally, M&T Bank Corp purchased a new position in Qnity Electronics during the fourth quarter valued at $65,334,000.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Royal Bank Of Canada raised their target price on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, KeyCorp raised their target price 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. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, Qnity Electronics has an average rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Stock Performance

Shares of NYSE:Q opened at $156.88 on Tuesday. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The stock has a market capitalization of $32.84 billion and a P/E ratio of 53.91. The firm has a fifty day simple moving average of $133.61 and a two-hundred day simple moving average of $108.29. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The business had revenue of $1.32 billion during the quarter. Qnity Electronics’s revenue was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be paid a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

Qnity Electronics Profile

Qnity Electronics is a company focused on providing electronic and technology-related solutions. Publicly available information on the company is limited, so a detailed description of its products, services, or operating segments is not readily available.

Because reliable information about the company’s business activities, geographic reach, history, and leadership was not sufficiently available, a fuller profile cannot be provided without risking inaccuracies.