Brandywine Oak Private Wealth LLC Acquires Shares of 18,082 Qnity Electronics, Inc. $Q

Brandywine Oak Private Wealth LLC acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:QFree Report) in the 4th quarter, Holdings Channel.com reports. The fund acquired 18,082 shares of the premier technology solutions leader’s stock, valued at approximately $1,476,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC purchased a new position in Qnity Electronics during the fourth quarter valued at $25,000. Dunhill Financial LLC purchased a new position in Qnity Electronics during the fourth quarter valued at $25,000. Armstrong Advisory Group Inc. purchased a new position in Qnity Electronics during the fourth quarter valued at $26,000. Provenance Wealth Advisors LLC purchased a new position in Qnity Electronics during the fourth quarter valued at $27,000. Finally, Stephens Consulting LLC purchased a new position in Qnity Electronics during the fourth quarter valued at $30,000.

Qnity Electronics Price Performance

Shares of Q stock opened at $147.24 on Friday. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $151.36. The company’s fifty day simple moving average is $124.47. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. The company has a market cap of $30.86 billion and a P/E ratio of 80.46.

Qnity Electronics (NYSE:QGet Free Report) last issued its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.15 billion. Qnity Electronics’s revenue for the quarter was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. Equities research analysts expect that Qnity Electronics, Inc. will post 3.78 EPS for the current year.

Qnity Electronics Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Qnity Electronics’s payout ratio is presently 17.49%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. KeyCorp raised their price target on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Royal Bank Of Canada raised their price target on Qnity Electronics from $139.00 to $150.00 and gave the company an “outperform” rating in a report on Friday, April 24th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $170.00 price target on shares of Qnity Electronics in a report on Thursday. Finally, Weiss Ratings assumed coverage on Qnity Electronics in a report on Thursday, January 22nd. They set a “hold (c-)” rating for the company. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Qnity Electronics presently has an average rating of “Moderate Buy” and an average price target of $129.57.

View Our Latest Stock Analysis on Q

About Qnity Electronics

(Free Report)

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

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Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

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