Qnity Electronics (NYSE:Q) Rating Lowered to Hold at Zacks Research

Key Points

• Zacks Research downgraded Qnity Electronics from “strong buy” to “hold,” though the broader analyst consensus remains “moderate buy,” with eight buy ratings and two holds and an average price target of $149.56.
• Qnity shares opened at $133.62 and were up 1.6%; the company recently exceeded quarterly EPS expectations, reporting $1.19 versus the $1.07 consensus, on $1.43 billion in revenue.
• Director Bondt De purchased 1,000 shares worth $138,140, increasing their ownership by 17.71%; insiders collectively own 0.15% of the company.

Qnity Electronics (NYSE:Q - Get Free Report) was downgraded by equities research analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a report released on Monday, Zacks reports.

Several other analysts have also recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Qnity Electronics in a research note on Wednesday, August 5th. Weiss Ratings cut Qnity Electronics from a "hold (c)" rating to a "hold (c-)" rating in a report on Monday, September 28th. Mizuho dropped their price target on Qnity Electronics from $180.00 to $160.00 and set an "outperform" rating for the company in a research note on Thursday, October 1st. BMO Capital Markets lifted their price objective on Qnity Electronics from $180.00 to $185.00 and gave the company an "outperform" rating in a research note on Monday, July 6th. Finally, Royal Bank Of Canada decreased their target price on Qnity Electronics from $200.00 to $189.00 and set an "outperform" rating for the company in a report on Tuesday, July 14th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $149.56.

Qnity Electronics Stock Up 1.6%

Q opened at $133.62 on Monday. Qnity Electronics has a 12 month low of $70.50 and a 12 month high of $177.28. The business has a 50-day moving average of $127.43 and a two-hundred day moving average of $137.16. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.01 and a quick ratio of 1.50. The stock has a market capitalization of $27.95 billion and a price-to-earnings ratio of 47.72.

Qnity Electronics (NYSE:Q - Get Free Report) last released its earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.07 by $0.12. Qnity Electronics had a net margin of 11.25% and a return on equity of 10.83%. The business 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, research analysts expect that Qnity Electronics will post 4.52 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Bondt De purchased 1,000 shares of the firm's stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price of $138.14 per share, for a total transaction of $138,140.00. Following the acquisition, the director directly owned 6,647 shares in the company, valued at $918,216.58. The trade was a 17.71% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.15% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Oregon Public Employees Retirement Fund increased 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 worth $2,770,000 after purchasing an additional 77 shares during the last quarter. AMG National Trust Bank boosted its stake in shares of Qnity Electronics by 3.4% during the 1st quarter. AMG National Trust Bank now owns 2,583 shares of the premier technology solutions leader's stock valued at $298,000 after buying an additional 84 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Qnity Electronics by 71.8% during the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader's stock worth $25,000 after buying an additional 89 shares in the last quarter. Butensky & Cohen Financial Security Inc. grew its position in shares of Qnity Electronics by 0.3% during the second 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 in the last quarter. Finally, Syon Capital LLC increased its stake in shares of Qnity Electronics by 2.0% in the second quarter. Syon Capital LLC now owns 5,811 shares of the premier technology solutions leader's stock worth $949,000 after buying an additional 116 shares during the last quarter.

About Qnity Electronics

Qnity Electronics is an electronics materials company focused on technologies used in semiconductor manufacturing and advanced electronics production. The company supplies materials and solutions designed to support processes such as wafer fabrication, lithography, chemical-mechanical planarization, cleaning, packaging and interconnect formation.

Qnity's product portfolio serves semiconductor manufacturers, chip designers, assembly and packaging providers, and other customers across the electronics supply chain.

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