Quantum Financial Advisors LLC Buys Shares of 10,461 Qnity Electronics, Inc. $Q

Quantum Financial Advisors LLC bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, HoldingsChannel.com reports. The firm bought 10,461 shares of the premier technology solutions leader’s stock, valued at approximately $854,000.

Several other institutional investors also recently modified their holdings of the stock. Abner Herrman & Brock LLC acquired a new stake in Qnity Electronics during the 4th quarter worth $592,000. Neville Rodie & Shaw Inc. acquired a new stake in Qnity Electronics in the 4th quarter valued at approximately $526,000. Canal Capital Management LLC bought a new position in shares of Qnity Electronics during the 4th quarter worth approximately $331,000. Board of the Pension Protection Fund acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $73,000. Finally, Salem Investment Counselors Inc. bought a new stake in shares of Qnity Electronics in the fourth quarter worth $333,000.

Qnity Electronics Price Performance

Shares of Q stock opened at $115.22 on Tuesday. The firm has a market capitalization of $24.16 billion and a PE ratio of 62.96. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The company has a fifty day moving average price of $107.50. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $140.60.

Qnity Electronics (NYSE:Q) last released its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.18. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. The business’s revenue was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Weiss Ratings initiated coverage on shares of Qnity Electronics in a research note on Thursday, January 22nd. They issued a “hold (c-)” rating on the stock. Oppenheimer initiated coverage on Qnity Electronics in a report on Tuesday, December 16th. They issued an “outperform” rating and a $100.00 price objective for the company. KeyCorp lifted their target price on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Wall Street Zen raised Qnity Electronics to a “hold” rating in a research report on Friday, November 28th. Finally, Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat, Qnity Electronics presently has a consensus rating of “Buy” and a consensus target price of $120.86.

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.