Alpine Global Management LLC Makes New $1.23 Million Investment in Qnity Electronics, Inc. $Q

Alpine Global Management LLC bought a new position in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 15,000 shares of the premier technology solutions leader’s stock, valued at approximately $1,225,000.

A number of other institutional investors also recently bought and sold shares of Q. Anchor Investment Management LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at $87,000. MidFirst Bank acquired a new position in shares of Qnity Electronics during the fourth quarter worth $744,000. Kera Capital Partners Inc. acquired a new position in shares of Qnity Electronics during the fourth quarter worth $288,000. Sunbelt Securities Inc. purchased a new stake in shares of Qnity Electronics during the 4th quarter valued at $535,000. Finally, Cambient Family Office LLC acquired a new stake in shares of Qnity Electronics in the 4th quarter worth $206,000.

Qnity Electronics Stock Up 7.9%

Shares of Q opened at $169.15 on Friday. The firm has a market cap of $35.41 billion and a P/E ratio of 58.13. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. The stock’s 50 day moving average is $147.77 and its two-hundred day moving average is $117.04. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54.

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, topping the consensus estimate of $0.92 by $0.16. The company had revenue of $1.31 billion during the quarter. The firm’s revenue for the quarter 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, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date was Friday, May 29th. Qnity Electronics’s payout ratio is presently 11.00%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research note on Wednesday, May 13th. KeyCorp increased their price objective on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. BMO Capital Markets restated an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, Zacks Research downgraded Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Profile

Qnity Electronics is a technology company that focuses on electronic materials and related solutions used in advanced manufacturing and other industrial applications. The company’s offerings are designed to support the performance, reliability, and miniaturization requirements of modern electronic devices and components.

Its products and services are used in areas such as semiconductors, circuit assembly, and other electronics manufacturing processes. Qnity Electronics serves customers that need specialized materials and technical support for high-precision production environments.

Publicly available information on the company’s history, geographic footprint, and leadership is limited.