Heritage Investors Management Corp Has $7.80 Million Holdings in Qnity Electronics, Inc. $Q

Heritage Investors Management Corp lessened its position in shares of Qnity Electronics, Inc. (NYSE:Q) by 6.9% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 67,620 shares of the premier technology solutions leader’s stock after selling 5,045 shares during the period. Heritage Investors Management Corp’s holdings in Qnity Electronics were worth $7,802,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC bought a new position in shares of Qnity Electronics during the 4th quarter worth about $25,000. Dunhill Financial LLC purchased a new stake in Qnity Electronics in the 4th quarter valued at about $25,000. Armstrong Advisory Group Inc. purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $26,000. Provenance Wealth Advisors LLC bought a new stake in shares of Qnity Electronics during the 4th quarter worth $27,000. Finally, Motco purchased a new position in Qnity Electronics in the fourth quarter valued at about $27,000.

Qnity Electronics Price Performance

NYSE Q opened at $141.82 on Friday. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. The company has a market cap of $29.69 billion and a PE ratio of 48.74. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $177.28. The firm’s 50-day simple moving average is $153.32 and its two-hundred day simple moving average is $122.57.

Qnity Electronics (NYSE:Q) last posted its 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 business had revenue of $1.31 billion during the quarter. Qnity Electronics’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. Research analysts predict that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms have recently weighed in on Q. BMO Capital Markets reissued an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Mizuho increased their price objective on Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday. Royal Bank Of Canada raised their target price on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $152.44.

Qnity Electronics Profile