11,651 Shares in Qnity Electronics, Inc. $Q Acquired by Moors & Cabot Inc.

Moors & Cabot Inc. acquired a new position in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, Holdings Channel reports. The fund acquired 11,651 shares of the premier technology solutions leader’s stock, valued at approximately $951,000.

Other large investors also recently bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC bought a new position in Qnity Electronics in the fourth quarter worth approximately $25,000. Dunhill Financial LLC bought a new position in Qnity Electronics in the fourth quarter worth approximately $25,000. Armstrong Advisory Group Inc. bought a new position in Qnity Electronics in the fourth quarter worth approximately $26,000. Motco bought a new position in Qnity Electronics in the fourth quarter worth approximately $27,000. Finally, Provenance Wealth Advisors LLC bought a new position in Qnity Electronics in the fourth quarter worth approximately $27,000.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on Q. The Goldman Sachs Group reissued a “buy” rating and issued a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. KeyCorp boosted their price objective on shares of 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 reissued an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Royal Bank Of Canada lifted their price target on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Price Performance

NYSE Q opened at $155.90 on Friday. The firm’s fifty day simple moving average is $137.41 and its two-hundred day simple moving average is $110.00. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $171.52. The firm has a market capitalization of $32.64 billion and a P/E ratio of 53.57.

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

Qnity Electronics Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend 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.