11,533 Shares in Qnity Electronics, Inc. $Q Bought by Morningstar Investment Management LLC

Morningstar Investment Management LLC acquired a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,533 shares of the premier technology solutions leader’s stock, valued at approximately $942,000.

A number of other institutional investors have also made changes to their positions in the stock. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Qnity Electronics during the fourth quarter worth $25,000. Dunhill Financial LLC acquired a new stake in shares of Qnity Electronics during the fourth quarter worth $25,000. Armstrong Advisory Group Inc. acquired a new stake in shares of Qnity Electronics during the fourth quarter worth $26,000. Motco acquired a new stake in shares of Qnity Electronics during the fourth quarter worth $27,000. Finally, Provenance Wealth Advisors LLC acquired a new stake in shares of Qnity Electronics during the fourth quarter worth $27,000.

Analyst Ratings Changes

Several research firms have weighed in on Q. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a report on Wednesday, May 13th. Mizuho lifted their target price on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Royal Bank Of Canada lifted their target price on Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Qnity Electronics has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Performance

Q stock opened at $156.88 on Tuesday. The firm has a market cap of $32.84 billion and a PE ratio of 53.91. The business’s 50-day moving average price is $133.61 and its two-hundred day moving average price is $108.29. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion during the quarter. The business’s revenue for the quarter 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, research analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s payout ratio is 11.00%.

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.