Kentucky Retirement Systems Purchases New Stake in Qnity Electronics, Inc. $Q

Kentucky Retirement Systems purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 13,140 shares of the premier technology solutions leader’s stock, valued at approximately $1,073,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at approximately $25,000. Dunhill Financial LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at approximately $25,000. Armstrong Advisory Group Inc. acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at approximately $26,000. Motco acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at approximately $27,000. Finally, Provenance Wealth Advisors LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at approximately $27,000.

Analyst Ratings Changes

Q has been the topic of several research reports. BMO Capital Markets reissued an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Zacks Research downgraded Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Mizuho upped their price objective on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. The Goldman Sachs Group restated a “buy” rating and set a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, KeyCorp upped their price objective on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Price Performance

Shares of Q opened at $155.90 on Monday. The company has a market cap of $32.64 billion and a P/E ratio of 53.57. The stock has a fifty day moving average price of $137.41 and a 200 day moving average price of $110.09. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The company 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, research analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid 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 is Friday, May 29th. Qnity Electronics’s dividend payout ratio is presently 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.