Northwestern Mutual Wealth Management Co. Purchases Shares of 12,579 Qnity Electronics, Inc. $Q

Northwestern Mutual Wealth Management Co. purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 12,579 shares of the premier technology solutions leader’s stock, valued at approximately $1,027,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC bought a new stake in Qnity Electronics in the 4th quarter valued at $25,000. Dunhill Financial LLC bought a new stake in Qnity Electronics in the 4th quarter valued at $25,000. Armstrong Advisory Group Inc. bought a new stake in Qnity Electronics in the 4th quarter valued at $26,000. Provenance Wealth Advisors LLC bought a new stake in Qnity Electronics in the 4th quarter valued at $27,000. Finally, Motco bought a new stake in Qnity Electronics in the 4th quarter valued at $27,000.

Analyst Ratings Changes

Q has been the topic of a number of research reports. BMO Capital Markets reiterated an “outperform” rating and issued a $180.00 price target on shares of Qnity Electronics in a report on Wednesday, May 13th. The Goldman Sachs Group reissued a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Royal Bank Of Canada lifted their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. KeyCorp lifted their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research note on Friday, February 27th. Finally, Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Price Performance

Q stock opened at $142.31 on Monday. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. The company has a 50-day moving average price of $141.14 and a 200 day moving average price of $112.35. The stock has a market cap of $29.79 billion and a PE ratio of 48.91.

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 firm had revenue of $1.32 billion for 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. Equities research analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

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

Qnity Electronics Profile

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