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11,933 Shares in Qnity Electronics, Inc. $Q Purchased by Oppenheimer & Co. Inc.

Qnity Electronics logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • Oppenheimer & Co. opened a new position in Qnity Electronics buying 11,933 shares (~$974,000), and several other institutions also added stakes including the New York State Teachers Retirement System (~$11.37 million), signaling growing institutional interest.
  • Qnity beat quarterly expectations with $0.82 EPS vs. $0.64 expected and $1.19B revenue, set FY2026 guidance of $3.55–$3.95 EPS, and carries a MarketBeat consensus rating of "Moderate Buy" with a $129.57 target as some brokers raised price objectives.
  • The stock opened at $143.67 (down 3.9%), has a $30.11 billion market cap and a P/E of 78.5, and the company announced a quarterly dividend of $0.08 per share (0.2% yield).
  • MarketBeat previews top five stocks to own in June.

Oppenheimer & Co. Inc. purchased a new position in Qnity Electronics, Inc. (NYSE:Q - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 11,933 shares of the premier technology solutions leader's stock, valued at approximately $974,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. acquired a new stake in Qnity Electronics during the fourth quarter valued at approximately $386,000. Sigma Planning Corp acquired a new stake in Qnity Electronics during the fourth quarter valued at approximately $344,000. New York State Teachers Retirement System acquired a new stake in Qnity Electronics during the fourth quarter valued at approximately $11,367,000. North Star Investment Management Corp. acquired a new stake in Qnity Electronics during the fourth quarter valued at approximately $42,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in Qnity Electronics during the fourth quarter valued at approximately $90,000.

Wall Street Analyst Weigh In

Several brokerages have issued reports on Q. Zacks Research cut Qnity Electronics from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, April 21st. Royal Bank Of Canada upped their price objective on Qnity Electronics from $139.00 to $150.00 and gave the company an "outperform" rating in a research note on Friday, April 24th. Weiss Ratings began coverage on Qnity Electronics in a research note on Thursday, January 22nd. They set a "hold (c-)" rating on the stock. Mizuho set a $120.00 price objective on Qnity Electronics in a research note on Monday, February 23rd. Finally, KeyCorp upped their price objective on Qnity Electronics from $117.00 to $147.00 and gave the company an "overweight" rating in a research note on Friday, February 27th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $129.57.

Check Out Our Latest Stock Report on Q

Qnity Electronics Trading Down 3.9%

NYSE:Q opened at $143.67 on Friday. The company has a market capitalization of $30.11 billion and a price-to-earnings ratio of 78.51. The company's 50 day moving average is $124.47. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $151.36. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46.

Qnity Electronics (NYSE:Q - Get Free Report) last posted its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, beating the consensus estimate of $0.64 by $0.18. The company had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.15 billion. The firm's revenue was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. As a group, analysts predict that Qnity Electronics, Inc. will post 3.78 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. Qnity Electronics's dividend payout ratio is 17.49%.

Qnity Electronics Company Profile

(Free Report)

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.

Read More

Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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