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9,748 Shares in Qnity Electronics, Inc. $Q Acquired by Traynor Capital Management Inc.

Qnity Electronics logo with Computer and Technology background
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Key Points

  • Traynor Capital Management purchased a new stake of 9,748 shares in Qnity Electronics (NYSE:Q) during Q4, valued at approximately $796,000.
  • Qnity beat Q4 estimates, reporting $0.82 EPS vs. $0.64 expected and $1.19B revenue vs. $1.15B expected, with revenue up 8.1% year-over-year and FY2026 EPS guidance of 3.550–3.950.
  • The stock trades near $120 with a market cap of $25.22 billion and a P/E of 65.74; analysts have an average rating of "Buy" and an average target of $120.86 (KeyCorp raised its target to $147).
  • MarketBeat previews top five stocks to own in May.

Traynor Capital Management Inc. purchased a new stake in Qnity Electronics, Inc. (NYSE:Q - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,748 shares of the premier technology solutions leader's stock, valued at approximately $796,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Armstrong Advisory Group Inc. bought a new stake in shares of Qnity Electronics during the 4th quarter worth $26,000. CVA Family Office LLC acquired a new stake in shares of Qnity Electronics during the fourth quarter worth $38,000. Gladwyn Financial Advisors Inc. purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at $48,000. True Wealth Design LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at $49,000. Finally, Adirondack Trust Co. acquired a new position in shares of Qnity Electronics in the 4th quarter valued at $51,000.

Qnity Electronics Trading Up 1.7%

NYSE:Q opened at $120.31 on Thursday. The firm has a market capitalization of $25.22 billion and a price-to-earnings ratio of 65.74. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $140.60. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54. The company's fifty day simple moving average is $108.68.

Qnity Electronics (NYSE:Q - Get Free Report) last announced its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. The business'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.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Oppenheimer initiated coverage on Qnity Electronics in a report on Tuesday, December 16th. They set an "outperform" rating and a $100.00 price objective on the stock. 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. KeyCorp lifted their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an "overweight" rating in a research report on Friday, February 27th. Wall Street Zen upgraded shares of Qnity Electronics to a "hold" rating in a report on Friday, November 28th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a $126.00 price target on shares of Qnity Electronics in a research report on Friday, February 20th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $120.86.

Get Our Latest Analysis 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.

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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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