Houlihan Financial Resource Group Ltd. bought a new stake in Qnity Electronics, Inc. (NYSE:Q – Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 3,506 shares of the premier technology solutions leader’s stock, valued at approximately $286,000.
Several other large investors have also recently made changes to their positions in Q. GAMMA Investing LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $461,000. Neville Rodie & Shaw Inc. acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $526,000. Investors Research Corp acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $102,000. Board of the Pension Protection Fund acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $73,000. Finally, Canal Capital Management LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $331,000.
Analyst Ratings Changes
Several equities analysts recently issued reports on Q shares. The Goldman Sachs Group reiterated a “buy” rating and issued a $165.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Mizuho increased their price objective on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. KeyCorp increased their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. 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 equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $151.33.
Qnity Electronics Stock Down 0.1%
Q stock opened at $159.03 on Friday. The stock has a market capitalization of $33.29 billion and a P/E ratio of 54.65. The firm has a 50-day simple moving average of $136.57 and a 200-day simple moving average of $109.68. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52.
Qnity Electronics (NYSE:Q – Get Free Report) last released its 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 company 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. Equities analysts forecast that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.
Qnity Electronics Announces Dividend
The firm 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 $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s dividend payout ratio is 11.00%.
About Qnity Electronics
Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.
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