Qnity Electronics, Inc. (NYSE:Q) Receives Consensus Rating of “Buy” from Analysts

Shares of Qnity Electronics, Inc. (NYSE:Q) have received an average recommendation of “Buy” from the ten ratings firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $151.7778.

Several research analysts recently issued reports on Q shares. BMO Capital Markets increased their target price on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an “outperform” rating in a research note on Monday, July 6th. The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a research note on Wednesday, May 13th. Finally, Mizuho upped their price target on Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st.

Institutional Investors Weigh In On Qnity Electronics

Several large investors have recently modified their holdings of Q. Vanguard Group Inc. bought a new position in shares of Qnity Electronics in the fourth quarter worth $2,226,626,000. State Street Corp purchased a new stake in Qnity Electronics during the 4th quarter worth about $728,894,000. Geode Capital Management LLC bought a new position in Qnity Electronics in the 4th quarter worth about $435,786,000. Invesco Ltd. bought a new position in Qnity Electronics in the 4th quarter worth about $385,057,000. Finally, Allspring Global Investments Holdings LLC grew its holdings in Qnity Electronics by 741.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock valued at $518,787,000 after buying an additional 3,855,617 shares in the last quarter.

Qnity Electronics Trading Down 3.3%

Q opened at $135.55 on Friday. Qnity Electronics has a twelve month low of $70.50 and a twelve month high of $177.28. The company has a 50-day simple moving average of $153.11 and a 200 day simple moving average of $126.87. 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 stock has a market capitalization of $28.38 billion and a price-to-earnings ratio of 46.58.

Qnity Electronics (NYSE:Q) last issued its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping the consensus estimate of $0.92 by $0.16. The business had revenue of $1.31 billion for 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. Analysts predict that Qnity Electronics will post 4.16 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Investors 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 yield of 0.2%. Qnity Electronics’s payout ratio is 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.