Kennedy Capital Management LLC Purchases New Stake in Qnity Electronics, Inc. $Q

Kennedy Capital Management LLC purchased 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. The institutional investor purchased 75,395 shares of the premier technology solutions leader’s stock, valued at approximately $6,156,000.

Several other institutional investors and hedge funds have also made changes to their positions in Q. Vanguard Group Inc. acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at approximately $2,226,626,000. State Street Corp acquired a new stake in Qnity Electronics in the fourth quarter worth $728,894,000. Geode Capital Management LLC acquired a new stake in Qnity Electronics in the fourth quarter worth $435,786,000. Franklin Resources Inc. acquired a new stake in Qnity Electronics in the fourth quarter worth $287,519,000. Finally, Morgan Stanley acquired a new stake in Qnity Electronics in the fourth quarter worth $261,729,000.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. KeyCorp increased their target price on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $180.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Finally, Mizuho increased their target price on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Price Performance

Shares of Q opened at $160.75 on Tuesday. The firm has a market capitalization of $33.65 billion and a price-to-earnings ratio of 55.24. 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 one year low of $70.50 and a one year high of $171.52. The stock’s fifty day moving average is $145.28 and its 200-day moving average is $115.37.

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

Qnity Electronics Dividend Announcement

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

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.