10,392 Shares in Qnity Electronics, Inc. $Q Bought by Inspire Investing LLC

Key Points

• Inspire Investing LLC bought 10,392 shares of Qnity Electronics during the third quarter, valued at approximately $1.31 million. Several other investment firms also initiated or increased positions.
• Analysts maintain a generally positive outlook, with Qnity Electronics receiving a “Moderate Buy” consensus rating and an average price target of $154.36, despite some target-price reductions.
• Qnity Electronics reported quarterly EPS of $1.19, exceeding the $1.07 consensus estimate, and declared a quarterly dividend of $0.08 per share, representing a 0.3% yield.

Inspire Investing LLC bought a new stake in Qnity Electronics, Inc. (NYSE:Q - Free Report) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 10,392 shares of the premier technology solutions leader's stock, valued at approximately $1,307,000.

Several other hedge funds have also bought and sold shares of Q. MBL Wealth LLC raised its position in shares of Qnity Electronics by 15.1% during the 3rd quarter. MBL Wealth LLC now owns 3,583 shares of the premier technology solutions leader's stock valued at $451,000 after buying an additional 470 shares in the last quarter. Compass Wealth Management LLC bought a new position in Qnity Electronics in the third quarter valued at $39,000. Royal Fund Management LLC bought a new position in Qnity Electronics in the third quarter valued at $1,947,000. Brookstone Capital Management increased its stake in Qnity Electronics by 14.8% in the third quarter. Brookstone Capital Management now owns 1,681 shares of the premier technology solutions leader's stock valued at $211,000 after acquiring an additional 217 shares during the last quarter. Finally, NBT Bank N.A. purchased a new position in shares of Qnity Electronics during the 3rd quarter valued at about $553,000.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on Q. Zacks Research downgraded Qnity Electronics from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 5th. Royal Bank Of Canada lowered their price objective on shares of Qnity Electronics from $189.00 to $160.00 and set an "outperform" rating for the company in a report on Thursday, October 15th. Truist Financial initiated coverage on Qnity Electronics in a research note on Wednesday, October 14th. They set a "buy" rating and a $170.00 price objective on the stock. Barclays started coverage on Qnity Electronics in a report on Monday, October 12th. They issued an "overweight" rating and a $211.00 price objective on the stock. Finally, Mizuho lowered their target price 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. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Qnity Electronics currently has an average rating of "Moderate Buy" and an average price target of $154.36.

Qnity Electronics Price Performance

Q opened at $114.22 on Tuesday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.50 and a current ratio of 2.01. The stock has a market capitalization of $23.90 billion and a PE ratio of 40.79. The stock's 50 day moving average price is $123.19 and its 200-day moving average price is $128.20. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $177.28.

Qnity Electronics (NYSE:Q - Get Free Report) last announced 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 during the quarter. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities research analysts predict that Qnity Electronics, Inc. will post 4.41 EPS for the current year.

Qnity Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Monday, November 30th. Qnity Electronics's payout ratio is presently 11.43%.

Insider Buying and Selling at Qnity Electronics

In other news, Director Bondt De bought 1,000 shares of Qnity Electronics stock in a transaction on Tuesday, August 11th. The shares were purchased at an average price of $138.14 per share, for a total transaction of $138,140.00. Following the acquisition, the director owned 6,647 shares of the company's stock, valued at approximately $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 SEC, which can be accessed through this link. Company insiders own 0.15% of the company's stock.

About Qnity Electronics

Qnity Electronics, Inc is a global materials and solutions company serving the semiconductor and advanced electronics industries. The company develops and supplies materials used throughout the manufacturing process for integrated circuits, including wafer fabrication, lithography, cleaning, chemical mechanical planarization and advanced packaging.

Its product portfolio includes semiconductor-grade materials such as photoresists, dielectric materials, CMP pads and slurries, cleaners, removers and other process-enabling technologies.

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