Savant Capital LLC Buys Shares of 5,415 Qnity Electronics, Inc. $Q

Savant Capital LLC bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, HoldingsChannel reports. The firm bought 5,415 shares of the premier technology solutions leader’s stock, valued at approximately $442,000.

A number of other large investors have also recently made changes to their positions in the stock. Kestra Private Wealth Services LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter worth about $769,000. Cohen Klingenstein LLC purchased a new position in Qnity Electronics during the fourth quarter valued at approximately $587,000. KBC Group NV purchased a new position in Qnity Electronics during the fourth quarter valued at approximately $12,189,000. Delta Capital Management LLC bought a new stake in Qnity Electronics during the 4th quarter worth approximately $1,141,000. Finally, Keybank National Association OH bought a new stake in Qnity Electronics during the 4th quarter worth approximately $6,586,000.

Qnity Electronics Trading Down 0.2%

Shares of Q opened at $154.68 on Friday. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52. The company has a market capitalization of $32.38 billion and a P/E ratio of 53.16. 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’s 50 day simple moving average is $140.70 and its 200 day simple moving average is $111.92.

Qnity Electronics (NYSE:Q) last released its quarterly earnings results 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 during the quarter. Qnity Electronics’s 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. Sell-side analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

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

Wall Street Analysts Forecast Growth

Q has been the subject of several analyst reports. Royal Bank Of Canada raised their price target on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. 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 report on Wednesday, May 13th. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research 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. Finally, KeyCorp boosted their target price on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $151.33.

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.