Moore Capital Management LP Takes Position in Qnity Electronics, Inc. $Q

Moore Capital Management LP purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 135,805 shares of the premier technology solutions leader’s stock, valued at approximately $11,088,000.

Several other institutional investors have also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Qnity Electronics during the fourth quarter valued at $25,000. Dunhill Financial LLC purchased a new position in shares of Qnity Electronics during the fourth quarter valued at $25,000. Armstrong Advisory Group Inc. purchased a new position in shares of Qnity Electronics during the fourth quarter valued at $26,000. Motco purchased a new position in shares of Qnity Electronics during the fourth quarter valued at $27,000. Finally, Provenance Wealth Advisors LLC purchased a new position in shares of Qnity Electronics during the fourth quarter valued at $27,000.

Wall Street Analyst Weigh In

Several brokerages have recently commented on Q. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research note on Wednesday, May 13th. Royal Bank Of Canada lifted their target price on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Qnity Electronics has a consensus rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Price Performance

Q opened at $156.49 on Thursday. The business’s 50-day moving average is $146.76 and its two-hundred day moving average is $116.42. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $171.52. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The firm has a market capitalization of $32.76 billion and a PE ratio of 53.78.

Qnity Electronics (NYSE:Q) last posted its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.16. The company had revenue of $1.32 billion during the quarter. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Research analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a dividend of $0.08 per share. The ex-dividend date was Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Qnity Electronics’s payout ratio is presently 11.00%.

Qnity Electronics Company Profile