Neville Rodie & Shaw Inc. Invests $526,000 in Qnity Electronics, Inc. $Q

Neville Rodie & Shaw Inc. purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 6,447 shares of the premier technology solutions leader’s stock, valued at approximately $526,000.

Separately, GAMMA Investing LLC acquired a new stake in Qnity Electronics during the fourth quarter worth approximately $461,000.

Qnity Electronics Price Performance

Shares of Q opened at $111.97 on Friday. The company’s 50 day moving average price is $106.68. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $140.60. The firm has a market capitalization of $23.48 billion and a P/E ratio of 61.19.

Qnity Electronics (NYSE:Q) last issued its 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 business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.15 billion. The firm’s revenue was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on Q shares. Oppenheimer initiated coverage on Qnity Electronics in a report on Tuesday, December 16th. They issued an “outperform” rating and a $100.00 price objective for the company. Royal Bank Of Canada increased their target price on Qnity Electronics from $118.00 to $133.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. Weiss Ratings began coverage on Qnity Electronics in a research report on Thursday, January 22nd. They issued a “hold (c-)” rating on the stock. Mizuho set a $120.00 price target on Qnity Electronics in a research note on Monday, February 23rd. Finally, KeyCorp upped their price objective 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. One research 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. According to MarketBeat, Qnity Electronics presently has an average 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.