7,593 Shares in Qnity Electronics, Inc. $Q Bought by Confluence Wealth Services Inc.

Key Points

• Confluence Wealth Services bought a new position in Qnity Electronics (NYSE:Q), acquiring 7,593 shares in Q4 valued at about $620,000, and several other institutions (including M&T Bank and Universal Beteiligungs) also opened sizable positions.
• Q4 results beat expectations with EPS of $0.82 vs. $0.64 consensus and revenue of $1.19B (up 8.1% YoY); the company set FY2026 guidance of $3.55–$3.95 per share while analysts expect $3.78.
• The stock opened at $140.25, has a market cap of $29.39B and a P/E of 76.64, and recently announced a quarterly dividend of $0.08 (annualized $0.32, yield ~0.2%) with an ex-dividend date of May 29.

Confluence Wealth Services Inc. bought a new position in Qnity Electronics, Inc. (NYSE:Q - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 7,593 shares of the premier technology solutions leader's stock, valued at approximately $620,000.

Several other hedge funds also recently bought and sold shares of the company. M&T Bank Corp bought a new position in Qnity Electronics in the 4th quarter worth $3,895,000. Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Qnity Electronics in the 4th quarter worth $8,099,000. City State Bank bought a new position in Qnity Electronics in the 4th quarter worth $127,000. Penobscot Investment Management Company Inc. bought a new position in Qnity Electronics in the 4th quarter worth $484,000. Finally, Evergreen Capital Management LLC bought a new position in Qnity Electronics in the 4th quarter worth $215,000.

Qnity Electronics Stock Up 0.7%

Q opened at $140.25 on Friday. The firm's 50-day moving average is $119.60. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $146.00. The company has a market cap of $29.39 billion and a P/E ratio of 76.64. 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 released its quarterly earnings data 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. Qnity Electronics's revenue was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. As a group, sell-side analysts expect that Qnity Electronics, Inc. will post 3.78 earnings per share for the current year.

Qnity Electronics Announces Dividend

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

Analysts Set New Price Targets

Q has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $126.00 target price on shares of Qnity Electronics in a report on Friday, February 20th. Weiss Ratings assumed coverage on shares of Qnity Electronics in a report on Thursday, January 22nd. They issued a "hold (c-)" rating for the company. Royal Bank Of Canada increased their price objective on shares of Qnity Electronics from $118.00 to $133.00 and gave the company an "outperform" rating in a report on Wednesday, February 25th. Zacks Research downgraded shares of Qnity Electronics from a "strong-buy" rating to a "hold" rating in a report on Tuesday. Finally, KeyCorp increased their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an "overweight" rating in a report on Friday, February 27th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $120.86.

About Qnity Electronics

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

Want to see what other hedge funds are holding Q? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Qnity Electronics, Inc. (NYSE:Q - Free Report).

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.