Qnity Electronics, Inc. (NYSE:Q) Receives Consensus Recommendation of “Buy” from Analysts

Qnity Electronics, Inc. (NYSE:QGet Free Report) has been given a consensus rating of “Buy” by the ten ratings firms that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation, eight have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is $151.7778.

Several brokerages have recently issued reports on Q. BMO Capital Markets increased their price objective on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an “outperform” rating in a research report on Monday, July 6th. Mizuho boosted their price target on Qnity Electronics from $170.00 to $180.00 and gave the company an “outperform” rating in a report on Wednesday, July 1st. Weiss Ratings cut Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, August 5th. Royal Bank Of Canada reduced their price target on Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a research report on Tuesday, July 14th. Finally, Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, June 30th.

Read Our Latest Report on Qnity Electronics

Insider Buying and Selling at Qnity Electronics

In other news, Director Bondt De acquired 1,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was bought at an average price of $138.14 per share, with a total value of $138,140.00. Following the transaction, the director directly owned 6,647 shares in the company, valued at approximately $918,216.58. The trade was a 17.71% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.15% of the company’s stock.

Institutional Trading of Qnity Electronics

Institutional investors and hedge funds have recently bought and sold shares of the business. Oregon Public Employees Retirement Fund lifted its holdings in Qnity Electronics by 0.3% during the 1st quarter. Oregon Public Employees Retirement Fund now owns 24,004 shares of the premier technology solutions leader’s stock valued at $2,770,000 after purchasing an additional 77 shares during the last quarter. AMG National Trust Bank raised its position in shares of Qnity Electronics by 3.4% in the first quarter. AMG National Trust Bank now owns 2,583 shares of the premier technology solutions leader’s stock valued at $298,000 after purchasing an additional 84 shares during the period. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Qnity Electronics by 71.8% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after purchasing an additional 89 shares during the period. Butensky & Cohen Financial Security Inc. lifted its stake in shares of Qnity Electronics by 0.3% during the 2nd quarter. Butensky & Cohen Financial Security Inc. now owns 34,132 shares of the premier technology solutions leader’s stock worth $5,574,000 after buying an additional 105 shares during the last quarter. Finally, Syon Capital LLC lifted its position in Qnity Electronics by 2.0% during the second quarter. Syon Capital LLC now owns 5,811 shares of the premier technology solutions leader’s stock worth $949,000 after acquiring an additional 116 shares during the last quarter.

Qnity Electronics Price Performance

Shares of Q stock opened at $120.53 on Monday. The company has a quick ratio of 1.50, a current ratio of 2.01 and a debt-to-equity ratio of 0.53. Qnity Electronics has a 12-month low of $70.50 and a 12-month high of $177.28. The firm has a fifty day moving average of $135.29 and a 200-day moving average of $135.68. The firm has a market capitalization of $25.22 billion and a price-to-earnings ratio of 43.05.

Qnity Electronics (NYSE:QGet Free Report) last released its quarterly earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 EPS for the quarter, topping analysts’ consensus estimates of $1.07 by $0.12. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%.The company had revenue of $1.43 billion for the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities research analysts forecast that Qnity Electronics will post 4.52 earnings per share for the current year.

Qnity Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Monday, August 31st. Qnity Electronics’s dividend payout ratio is presently 11.43%.

Qnity Electronics Company Profile

(Get Free Report)

Qnity Electronics, Inc is a global provider of materials and solutions used in semiconductor manufacturing and other advanced electronics applications. The company develops engineered materials that support the fabrication, packaging and performance of increasingly sophisticated electronic devices.

Its product portfolio includes semiconductor materials, electronic chemicals, advanced packaging materials and solutions used in processes such as lithography, metallization and chemical-mechanical planarization.

Further Reading

Analyst Recommendations for Qnity Electronics (NYSE:Q)

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