Texas Capital Bank Wealth Management Services Inc Invests $265,000 in Qnity Electronics, Inc. $Q

Texas Capital Bank Wealth Management Services Inc purchased 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. The institutional investor purchased 3,245 shares of the premier technology solutions leader’s stock, valued at approximately $265,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Moisand Fitzgerald Tamayo LLC purchased a new stake in Qnity Electronics during the 4th quarter worth $25,000. Dunhill Financial LLC purchased a new stake in Qnity Electronics during the 4th quarter worth $25,000. Armstrong Advisory Group Inc. purchased a new stake in Qnity Electronics during the 4th quarter worth $26,000. Motco purchased a new stake in Qnity Electronics during the 4th quarter worth $27,000. Finally, Provenance Wealth Advisors LLC purchased a new stake in Qnity Electronics during the 4th quarter worth $27,000.

Qnity Electronics Stock Performance

NYSE:Q opened at $155.90 on Friday. 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 firm has a 50-day moving average of $137.41 and a two-hundred day moving average of $110.00. The stock has a market cap of $32.64 billion and a P/E ratio of 53.57. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52.

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

Qnity Electronics Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a $0.08 dividend. 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 presently 11.00%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Mizuho upped their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Royal Bank Of Canada upped their price target on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, KeyCorp upped their price target 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. Eight 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, Qnity Electronics has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Profile