Corient Private Wealth LLC Makes New Investment in Qnity Electronics, Inc. $Q

Corient Private Wealth LLC bought a new stake in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 87,832 shares of the premier technology solutions leader’s stock, valued at approximately $7,198,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Hsbc Holdings PLC acquired a new stake in Qnity Electronics in the fourth quarter valued at about $34,889,000. Mengis Capital Management Inc. purchased a new position in shares of Qnity Electronics during the 4th quarter worth approximately $918,000. Rehmann Capital Advisory Group acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $2,742,000. SHP Wealth Management acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $77,000. Finally, Midway Capital Research & Management acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $1,058,000.

Qnity Electronics Stock Performance

Q opened at $167.47 on Friday. The stock has a market cap of $35.06 billion and a P/E ratio of 57.55. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The stock’s 50 day simple moving average is $151.25 and its 200 day simple moving average is $120.06. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $177.28.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.31 billion for the quarter. The firm’s revenue 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. As a group, equities analysts anticipate that Qnity Electronics, Inc. will post 4.08 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. Stockholders of record on Monday, August 31st will be given a $0.08 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is currently 11.00%.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. BMO Capital Markets reissued an “outperform” rating and issued a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. The Goldman Sachs Group reissued a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. KeyCorp boosted their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Finally, Royal Bank Of Canada upped their price target on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

About Qnity Electronics

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