Heritage Investors Management Corp Takes $5.93 Million Position in Qnity Electronics, Inc. $Q

Heritage Investors Management Corp purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 72,665 shares of the premier technology solutions leader’s stock, valued at approximately $5,933,000.

A number of other large investors also recently made changes to their positions in the stock. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $25,000. Dunhill Financial LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $25,000. Armstrong Advisory Group Inc. acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $26,000. Motco acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $27,000. Finally, Provenance Wealth Advisors LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $27,000.

Wall Street Analysts Forecast Growth

Q has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a research note on Wednesday, May 13th. KeyCorp raised 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. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Finally, Zacks Research downgraded 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 given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $151.33.

Qnity Electronics Stock Performance

Shares of Qnity Electronics stock opened at $152.71 on Friday. The company has a market capitalization of $31.97 billion and a PE ratio of 52.48. 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 stock’s fifty day simple moving average is $131.79 and its 200 day simple moving average is $107.48.

Qnity Electronics (NYSE:Q) last released its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (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% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, research analysts predict that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued 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 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.