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

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.
Before you consider Qnity Electronics, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Qnity Electronics wasn't on the list.
While Qnity Electronics currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.