Brandywine Oak Private Wealth LLC Invests $1.48 Million in Qnity Electronics, Inc. $Q

Key Points

• Brandywine Oak Private Wealth LLC initiated a new position in Qnity Electronics during the fourth quarter, buying 18,082 shares worth about $1.48 million.
• Qnity Electronics reported strong quarterly results, with EPS of $0.82 versus $0.64 expected and revenue of $1.19 billion, up 8.1% year over year.
• The company also announced a quarterly dividend of $0.08 per share, while analysts remain generally positive with a Moderate Buy consensus and an average price target of $129.57.

Brandywine Oak Private Wealth LLC bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund bought 18,082 shares of the premier technology solutions leader's stock, valued at approximately $1,476,000.

Other hedge funds also recently made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC purchased a new stake in Qnity Electronics in the 4th quarter worth about $25,000. Dunhill Financial LLC purchased a new stake in Qnity Electronics in the 4th quarter worth about $25,000. Armstrong Advisory Group Inc. purchased a new stake in Qnity Electronics in the 4th quarter worth about $26,000. Provenance Wealth Advisors LLC purchased a new stake in Qnity Electronics in the 4th quarter worth about $27,000. Finally, Stephens Consulting LLC purchased a new stake in Qnity Electronics in the 4th quarter worth about $30,000.

Qnity Electronics Stock Up 2.5%

Shares of Qnity Electronics stock opened at $147.24 on Friday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. The company has a market capitalization of $30.86 billion and a P/E ratio of 80.46. The company's 50 day simple moving average is $124.47. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $151.36.

Qnity Electronics (NYSE:Q - Get Free Report) last announced its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 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. The business'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. On average, research analysts anticipate that Qnity Electronics, Inc. will post 3.78 earnings per share for the current year.

Qnity Electronics Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. KeyCorp lifted their price objective on Qnity Electronics from $117.00 to $147.00 and gave the stock an "overweight" rating in a report on Friday, February 27th. Zacks Research lowered Qnity Electronics from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 21st. Weiss Ratings assumed coverage on Qnity Electronics in a report on Thursday, January 22nd. They issued a "hold (c-)" rating for the company. Mizuho set a $120.00 price objective on Qnity Electronics in a report on Monday, February 23rd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $170.00 target price on shares of Qnity Electronics in a report on Thursday. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Qnity Electronics presently has a consensus rating of "Moderate Buy" and an average target price of $129.57.

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.

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