Orca Wealth Management LLC Takes Position in Qnity Electronics, Inc. $Q

Orca Wealth Management LLC acquired a new position in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,619 shares of the premier technology solutions leader’s stock, valued at approximately $295,000.

A number of other institutional investors have also added to or reduced their stakes in Q. GAMMA Investing LLC bought a new stake in shares of Qnity Electronics in the 4th quarter valued at about $461,000. Neville Rodie & Shaw Inc. bought a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $526,000. Investors Research Corp purchased a new position in Qnity Electronics during the fourth quarter valued at approximately $102,000. Board of the Pension Protection Fund purchased a new position in Qnity Electronics during the fourth quarter valued at approximately $73,000. Finally, Canal Capital Management LLC bought a new position in Qnity Electronics in the fourth quarter worth approximately $331,000.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on Q. 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. Royal Bank Of Canada raised their price objective on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Mizuho boosted their target price 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Eight investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Qnity Electronics has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Stock Performance

Shares of Q stock opened at $152.71 on Friday. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $171.52. The business’s fifty day simple moving average is $131.79 and its 200-day simple moving average is $107.48. 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 market cap of $31.97 billion and a PE ratio of 52.48.

Qnity Electronics (NYSE:Q) last announced its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.16. The business had revenue of $1.32 billion for the quarter. The company’s quarterly 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. Analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

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