King Luther Capital Management Corp Makes New $8.19 Million Investment in Qnity Electronics, Inc. $Q

King Luther Capital Management Corp bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, HoldingsChannel.com reports. The fund bought 100,298 shares of the premier technology solutions leader’s stock, valued at approximately $8,189,000.

Several other institutional investors have also recently bought and sold shares of Q. Moisand Fitzgerald Tamayo LLC acquired a new position in Qnity Electronics during the fourth quarter worth about $25,000. Dunhill Financial LLC acquired a new position in Qnity Electronics during the fourth quarter worth about $25,000. Armstrong Advisory Group Inc. acquired a new position in Qnity Electronics during the fourth quarter worth about $26,000. Provenance Wealth Advisors LLC acquired a new position in Qnity Electronics during the fourth quarter worth about $27,000. Finally, Motco acquired a new position in Qnity Electronics during the fourth quarter worth about $27,000.

Analysts Set New Price Targets

Q has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Royal Bank Of Canada upped 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. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a research note on Wednesday, May 13th. Mizuho upped their price objective on Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Finally, Zacks Research downgraded Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Performance

Qnity Electronics stock opened at $159.04 on Thursday. The business has a 50 day moving average of $135.66 and a 200-day moving average of $109.21. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The company has a market capitalization of $33.29 billion and a P/E ratio of 54.65.

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

Qnity Electronics Dividend Announcement

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

Qnity Electronics Profile

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