Triangle Securities Wealth Management Buys New Shares in Qnity Electronics, Inc. $Q

Triangle Securities Wealth Management bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,950 shares of the premier technology solutions leader’s stock, valued at approximately $567,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC acquired a new position in Qnity Electronics in the 4th quarter valued at approximately $461,000. Neville Rodie & Shaw Inc. acquired a new stake in shares of Qnity Electronics during the 4th quarter worth approximately $526,000. Investors Research Corp acquired a new stake in shares of Qnity Electronics during the 4th quarter worth approximately $102,000. Board of the Pension Protection Fund bought a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $73,000. Finally, Canal Capital Management LLC bought a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $331,000.

Qnity Electronics Price Performance

Qnity Electronics stock opened at $111.81 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46. The company has a market cap of $23.44 billion and a P/E ratio of 61.10. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $140.60. The stock’s 50 day moving average is $109.38.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.18. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

Analysts Set New Price Targets

Several brokerages recently commented on Q. Oppenheimer started coverage on Qnity Electronics in a research report on Tuesday, December 16th. They issued an “outperform” rating and a $100.00 target price for the company. Wall Street Zen raised shares of Qnity Electronics to a “hold” rating in a report on Friday, November 28th. Mizuho set a $120.00 price objective on shares of Qnity Electronics in a research note on Monday, February 23rd. Royal Bank Of Canada raised their price objective on shares of Qnity Electronics from $118.00 to $133.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $126.00 target price on shares of Qnity Electronics in a research report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $120.86.

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.