HighTower Advisors LLC Acquires New Holdings in Qnity Electronics, Inc. $Q

HighTower Advisors LLC acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 51,176 shares of the premier technology solutions leader’s stock, valued at approximately $4,179,000.

Several other institutional investors also recently bought and sold shares of Q. Moisand Fitzgerald Tamayo LLC purchased a new position in Qnity Electronics during the fourth quarter valued at approximately $25,000. Dunhill Financial LLC purchased a new position in Qnity Electronics in the fourth quarter worth $25,000. Armstrong Advisory Group Inc. purchased a new position in Qnity Electronics in the fourth quarter worth $26,000. Provenance Wealth Advisors LLC purchased a new position in Qnity Electronics in the fourth quarter worth $27,000. Finally, Stephens Consulting LLC purchased a new position in Qnity Electronics in the fourth quarter worth $30,000.

Wall Street Analyst Weigh In

Several research firms have issued reports on Q. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Royal Bank Of Canada lifted their price target on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, KeyCorp lifted their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Price Performance

Shares of Q opened at $159.03 on Friday. The firm has a market capitalization of $33.29 billion and a PE ratio of 54.65. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52. The company’s fifty day moving average price is $136.57 and its 200-day moving average price is $109.68.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion for the quarter. The business’s revenue for the quarter 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, equities research analysts predict that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Dividend Announcement

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

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.