Caption Management LLC Makes New $6.48 Million Investment in Qnity Electronics, Inc. $Q

Caption Management LLC purchased a new position in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 79,326 shares of the premier technology solutions leader’s stock, valued at approximately $6,477,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of Q. Kestra Private Wealth Services LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at about $769,000. Cohen Klingenstein LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at about $587,000. KBC Group NV acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at about $12,189,000. Wesbanco Bank Inc. acquired a new position in Qnity Electronics in the fourth quarter valued at about $1,566,000. Finally, Delta Capital Management LLC acquired a new position in Qnity Electronics in the fourth quarter valued at about $1,141,000.

Qnity Electronics Trading Up 2.8%

Q opened at $156.49 on Thursday. 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 cap of $32.76 billion and a price-to-earnings ratio of 53.78. The firm has a 50 day simple moving average of $146.76 and a 200 day simple moving average of $116.42. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $171.52.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The business had revenue of $1.32 billion for the quarter. The firm’s quarterly revenue 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. On average, sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, May 29th. Qnity Electronics’s payout ratio is 11.00%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on Q. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Royal Bank Of Canada boosted their price target on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Mizuho boosted their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. KeyCorp boosted their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, Qnity Electronics currently has a consensus rating of “Moderate Buy” and an average target price of $151.33.

About Qnity Electronics

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