Loring Wolcott & Coolidge Fiduciary Advisors LLP MA purchased a new position in Qnity Electronics, Inc. (NYSE:Q - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,502 shares of the premier technology solutions leader's stock, valued at approximately $694,000.
A number of other hedge funds also recently modified their holdings of the stock. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $25,000. Armstrong Advisory Group Inc. bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $26,000. Provenance Wealth Advisors LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $27,000. Stephens Consulting LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $30,000. Finally, Sound Income Strategies LLC bought a new stake in shares of Qnity Electronics in the 4th quarter worth approximately $32,000.
Qnity Electronics Price Performance
Shares of Q stock opened at $140.25 on Friday. The firm's fifty day simple moving average is $119.60. 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, Inc. has a 1 year low of $70.50 and a 1 year high of $146.00. The company has a market cap of $29.39 billion and a PE ratio of 76.64.
Qnity Electronics (NYSE:Q - Get Free Report) last issued its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion for the quarter, compared to the consensus estimate of $1.15 billion. Qnity Electronics's revenue for the quarter was up 8.1% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS. Equities research analysts anticipate that Qnity Electronics, Inc. will post 3.78 EPS for the current year.
Qnity Electronics Announces Dividend
The firm also recently announced 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. The ex-dividend date of this dividend is Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Qnity Electronics's payout ratio is presently 17.49%.
Wall Street Analysts Forecast Growth
A number of research firms recently commented on Q. Royal Bank Of Canada lifted their price target on shares of Qnity Electronics from $118.00 to $133.00 and gave the stock an "outperform" rating in a report on Wednesday, February 25th. KeyCorp lifted their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an "overweight" rating in a report on Friday, February 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and issued a $126.00 price target on shares of Qnity Electronics in a report on Friday, February 20th. Weiss Ratings began coverage on shares of Qnity Electronics in a report on Thursday, January 22nd. They issued a "hold (c-)" rating on the stock. Finally, Zacks Research cut shares of Qnity Electronics from a "strong-buy" rating to a "hold" rating in a report on Tuesday. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $120.86.
View Our Latest Research Report on Qnity Electronics
Qnity Electronics 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
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.