Fort Washington Investment Advisors Inc. OH Buys 8,373 Shares of Qnity Electronics, Inc. $Q

Fort Washington Investment Advisors Inc. OH grew its stake in Qnity Electronics, Inc. (NYSE:Q) by 3.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 237,938 shares of the premier technology solutions leader’s stock after buying an additional 8,373 shares during the period. Fort Washington Investment Advisors Inc. OH owned 0.11% of Qnity Electronics worth $27,453,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in the stock. Moisand Fitzgerald Tamayo LLC bought a new stake in Qnity Electronics in the fourth quarter valued at approximately $25,000. Dunhill Financial LLC acquired a new position in shares of Qnity Electronics in the 4th quarter worth approximately $25,000. Armstrong Advisory Group Inc. acquired a new position in shares of Qnity Electronics in the 4th quarter worth approximately $26,000. Provenance Wealth Advisors LLC bought a new stake in shares of Qnity Electronics in the 4th quarter valued at $27,000. Finally, Motco bought a new stake in shares of Qnity Electronics in the 4th quarter valued at $27,000.

Qnity Electronics Stock Performance

Shares of Q stock opened at $158.03 on Monday. The firm has a 50 day moving average of $151.77 and a 200-day moving average of $120.58. The company has a market cap of $33.08 billion and a price-to-earnings ratio of 54.31. 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, Inc. has a 52 week low of $70.50 and a 52 week high of $177.28.

Qnity Electronics (NYSE:Q) last released its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.31 billion for the quarter. The business’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. On average, equities analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.08 per share. The ex-dividend date is Monday, August 31st. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio is currently 11.00%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on Q shares. BMO Capital Markets reiterated an “outperform” rating and set a $180.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Royal Bank Of Canada increased their price target on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a research report on Wednesday, May 13th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Qnity Electronics presently has an average rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Profile

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