Bondt Karin De Acquires 1,000 Shares of Qnity Electronics (NYSE:Q) Stock

Key Points

• Director Bondt Karin De purchased 1,000 Qnity Electronics shares at an average price of $138.14, investing $138,140 and increasing direct ownership by 17.71% to 6,647 shares.
• Qnity shares rose 2.8% to $142.16, while the company reported quarterly EPS of $1.19, beating analyst expectations of $1.07, on $1.43 billion in revenue.
• The company declared a quarterly dividend of $0.08 per share, equivalent to a 0.2% yield, and analysts maintain a consensus “Buy” rating with an average price target of $151.78.

Qnity Electronics, Inc. (NYSE:Q - Get Free Report) Director Bondt Karin De acquired 1,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average price of $138.14 per share, with a total value of $138,140.00. Following the completion of the acquisition, the director directly owned 6,647 shares of the company's stock, valued at $918,216.58. This represents a 17.71% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Qnity Electronics Stock Up 2.8%

NYSE:Q traded up $3.92 during mid-day trading on Wednesday, reaching $142.16. The company's stock had a trading volume of 1,497,619 shares, compared to its average volume of 2,134,586. Qnity Electronics, Inc. has a 1 year low of $70.50 and a 1 year high of $177.28. The stock has a fifty day moving average of $145.34 and a 200-day moving average of $132.54. The firm has a market capitalization of $29.74 billion and a PE ratio of 50.77. 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 (NYSE:Q - Get Free Report) last posted its earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 EPS for the quarter, beating analysts' consensus estimates of $1.07 by $0.12. The business had revenue of $1.43 billion for the quarter. Qnity Electronics had a net margin of 11.25% and a return on equity of 10.83%. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. Equities research analysts forecast that Qnity Electronics, Inc. will post 4.52 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be issued a dividend of $0.08 per share. The ex-dividend date is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Qnity Electronics's dividend payout ratio is currently 11.43%.

Analyst Upgrades and Downgrades

Q has been the subject of a number of analyst reports. The Goldman Sachs Group restated a "buy" rating and set a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Mizuho increased their price target on shares of Qnity Electronics from $170.00 to $180.00 and gave the company an "outperform" rating in a research report on Wednesday, July 1st. Royal Bank Of Canada cut their price objective on shares of Qnity Electronics from $200.00 to $189.00 and set an "outperform" rating on the stock in a research report on Tuesday, July 14th. BMO Capital Markets boosted their price objective on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an "outperform" rating in a research note on Monday, July 6th. Finally, Zacks Research upgraded shares of Qnity Electronics from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Qnity Electronics presently has an average rating of "Buy" and an average target price of $151.78.

Institutional Trading of Qnity Electronics

A number of institutional investors have recently bought and sold shares of Q. Oregon Public Employees Retirement Fund grew its stake 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 stake 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 worth $298,000 after purchasing an additional 84 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC raised its stake 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 worth $25,000 after purchasing an additional 89 shares during the last quarter. Butensky & Cohen Financial Security Inc. lifted its holdings 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 purchasing an additional 105 shares during the period. Finally, First Citizens Bank & Trust Co. lifted its holdings in shares of Qnity Electronics by 5.5% during the first quarter. First Citizens Bank & Trust Co. now owns 2,948 shares of the premier technology solutions leader's stock worth $340,000 after purchasing an additional 154 shares during the period.

Qnity Electronics Company Profile

Qnity Electronics, Inc is a global electronic materials company serving the semiconductor and advanced packaging industries. The company develops materials and solutions used in the manufacturing of integrated circuits, advanced semiconductor packages and other electronic components.

Its portfolio includes chemical mechanical planarization (CMP) pads and slurries, lithography and cleaning materials, dielectric and metallization solutions, and materials used in semiconductor packaging and interconnect applications.

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