Crestwood Advisors Group LLC Purchases Shares of 4,228 Qnity Electronics, Inc. $Q

Crestwood Advisors Group LLC bought a new position in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, Holdings Channel reports. The fund bought 4,228 shares of the premier technology solutions leader’s stock, valued at approximately $345,000.

Other large investors have also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Qnity Electronics in the fourth quarter worth about $25,000. Dunhill Financial LLC bought a new stake in shares of Qnity Electronics in the fourth quarter worth about $25,000. Armstrong Advisory Group Inc. bought a new stake in shares of Qnity Electronics in the fourth quarter worth about $26,000. Provenance Wealth Advisors LLC bought a new stake in shares of Qnity Electronics in the fourth quarter worth about $27,000. Finally, Stephens Consulting LLC bought a new stake in shares of Qnity Electronics in the fourth quarter worth about $30,000.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on Q shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a report on Friday. KeyCorp lifted their target price on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Royal Bank Of Canada lifted their target price on Qnity Electronics from $139.00 to $150.00 and gave the stock an “outperform” rating in a report on Friday, April 24th. Mizuho set a $120.00 price objective on Qnity Electronics in a research note on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $170.00 price objective on shares of Qnity Electronics in a research note on Thursday. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $129.57.

Qnity Electronics Stock Performance

Q opened at $154.04 on Tuesday. The company has a market capitalization of $32.28 billion and a PE ratio of 84.18. The company’s 50 day simple moving average is $125.60. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $156.53. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95.

Qnity Electronics (NYSE:Q) last released its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 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. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. As a group, analysts predict that Qnity Electronics, Inc. will post 3.78 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $0.08 dividend. The ex-dividend date 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%.

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.