Qnity Electronics, Inc. (NYSE:Q) Receives $151.78 Average PT from Analysts

Qnity Electronics, Inc. (NYSE:Q) has been given an average rating of “Buy” by the ten analysts that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is $151.7778.

Q has been the subject of a number of analyst reports. BMO Capital Markets raised their target price on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Qnity Electronics in a research report on Wednesday. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Weiss Ratings cut Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th.

Hedge Funds Weigh In On Qnity Electronics

Hedge funds and other institutional investors have recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Qnity Electronics by 71.8% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after acquiring an additional 89 shares during the last quarter. Bank & Trust Co bought a new position in shares of Qnity Electronics in the 2nd quarter valued at about $43,000. Dunhill Financial LLC acquired a new position in shares of Qnity Electronics during the 4th quarter worth about $25,000. Motco bought a new stake in shares of Qnity Electronics in the 4th quarter valued at about $27,000. Finally, Provenance Wealth Advisors LLC acquired a new stake in Qnity Electronics in the 4th quarter valued at about $27,000.

Qnity Electronics Stock Up 3.3%

Shares of Qnity Electronics stock opened at $137.78 on Thursday. The firm has a market cap of $28.83 billion and a PE ratio of 49.21. The business’s 50 day simple moving average is $146.05 and its 200 day simple moving average is $131.77. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.57 and a current ratio of 2.01. Qnity Electronics has a 52-week low of $70.50 and a 52-week high of $177.28.

Qnity Electronics (NYSE:Q) last released its quarterly earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.07 by $0.12. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%.The firm had revenue of $1.43 billion during the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, analysts predict that Qnity Electronics will post 4.52 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.08 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s payout ratio is 11.43%.

About Qnity Electronics

Qnity Electronics, Inc is an electronics materials company that develops and supplies specialized products used in semiconductor and advanced electronics manufacturing. The company serves manufacturers across the semiconductor, electronics and related technology industries, providing materials designed to support chip production, packaging and interconnection processes.

Its portfolio includes materials and process solutions for wafer fabrication and advanced packaging, such as chemical mechanical planarization products, dielectric and metallization materials, photoresist and lithography-related products, cleaners, and other specialty chemicals and components.