Buckley Wealth Management LLC Acquires New Holdings in Qnity Electronics, Inc. $Q

Buckley Wealth Management LLC acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 13,772 shares of the premier technology solutions leader’s stock, valued at approximately $1,124,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Nuveen LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $194,980,000. Xponance LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $2,652,000. IFM Investors Pty Ltd acquired a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $3,339,000. TCTC Holdings LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $97,000. Finally, ARK Investment Management LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $36,000.

Wall Street Analysts Forecast Growth

Q has been the subject of several research analyst reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. KeyCorp boosted their price objective on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. The Goldman Sachs Group restated a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, Mizuho boosted their target price on Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research note 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’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Trading Up 7.0%

NYSE Q opened at $149.53 on Friday. The stock has a market capitalization of $31.30 billion and a price-to-earnings ratio of 51.39. The stock’s 50 day moving average price is $143.76 and its two-hundred day moving average price is $114.24. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52.

Qnity Electronics (NYSE:Q) last released its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.32 billion during the quarter. The company’s 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, analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently announced 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. The ex-dividend date is Friday, May 29th. This represents a $0.32 annualized dividend and a yield of 0.2%. Qnity Electronics’s payout ratio is presently 11.00%.

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.