Qnity Electronics (NYSE:Q) Price Target Raised to $185.00 at BMO Capital Markets

Qnity Electronics (NYSE:Q) had its price target boosted by BMO Capital Markets from $180.00 to $185.00 in a research report released on Monday, Marketbeat Ratings reports. BMO Capital Markets currently has an outperform rating on the premier technology solutions leader’s stock.

Q has been the subject of a number of other research reports. Royal Bank Of Canada upped their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Mizuho raised their price objective on shares of Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a research note on Wednesday, May 13th. Finally, Zacks Research raised Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, June 30th. One research 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’s stock. According to data from MarketBeat, Qnity Electronics presently has a consensus rating of “Buy” and a consensus price target of $153.00.

Qnity Electronics Trading Down 4.7%

Shares of Q stock opened at $139.78 on Monday. The company has a market capitalization of $29.26 billion and a P/E ratio of 48.04. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. The business’s 50 day moving average is $153.50 and its two-hundred day moving average is $123.51. Qnity Electronics has a twelve month low of $70.50 and a twelve month high of $177.28.

Qnity Electronics (NYSE:Q) last released 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 for the quarter. Qnity Electronics’s 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. Equities analysts forecast that Qnity Electronics will post 4.08 EPS for the current year.

Qnity Electronics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s dividend payout ratio is presently 11.00%.

Institutional Investors Weigh In On Qnity Electronics

A number of hedge funds and other institutional investors have recently modified their holdings of Q. Oregon Public Employees Retirement Fund raised its holdings in Qnity Electronics by 0.3% during the first quarter. Oregon Public Employees Retirement Fund now owns 24,004 shares of the premier technology solutions leader’s stock worth $2,770,000 after purchasing an additional 77 shares during the last quarter. AMG National Trust Bank grew its holdings in Qnity Electronics by 3.4% in the first quarter. AMG National Trust Bank now owns 2,583 shares of the premier technology solutions leader’s stock valued at $298,000 after purchasing an additional 84 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Qnity Electronics by 71.8% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after buying an additional 89 shares in the last quarter. First Citizens Bank & Trust Co. increased its position in shares of Qnity Electronics by 5.5% in the first quarter. First Citizens Bank & Trust Co. now owns 2,948 shares of the premier technology solutions leader’s stock valued at $340,000 after buying an additional 154 shares in the last quarter. Finally, Patton Fund Management Inc. raised its stake in shares of Qnity Electronics by 7.0% during the 1st quarter. Patton Fund Management Inc. now owns 2,812 shares of the premier technology solutions leader’s stock worth $324,000 after buying an additional 185 shares during the last quarter.

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.