Qnity Electronics (NYSE:Q) Hits New 12-Month High - Here's Why

Key Points

• 52-week high: Qnity Electronics reached a new 52-week high, trading as high as $147.01 and last at $147.1360 on volume of 310,846 shares, with a market cap of $30.73 billion and a PE of 80.13.
• Analyst sentiment is mostly positive—RBC raised its target to $150 and KeyCorp to $147—with a consensus rating of Moderate Buy (six Buys, two Holds) and a consensus target of $123.29, below the current price.
• Financials: Qnity beat quarterly estimates with $0.82 EPS (vs. $0.64) and $1.19B revenue (+8.1% y/y), set FY2026 guidance of $3.55–$3.95 EPS (consensus 3.78), and announced a $0.08 quarterly dividend ($0.32 annual, 0.2% yield).

Qnity Electronics, Inc. (NYSE:Q - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $147.01 and last traded at $147.1360, with a volume of 310846 shares. The stock had previously closed at $141.06.

Wall Street Analyst Weigh In

Several research analysts recently commented on Q shares. Royal Bank Of Canada raised their price target on shares of Qnity Electronics from $139.00 to $150.00 and gave the company an "outperform" rating in a report on Friday, April 24th. Weiss Ratings started coverage on shares of Qnity Electronics in a report on Thursday, January 22nd. They issued a "hold (c-)" rating on the stock. KeyCorp raised their price target 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. Zacks Research lowered shares of Qnity Electronics from a "strong-buy" rating to a "hold" rating in a report on Tuesday, April 21st. Finally, Mizuho set a $120.00 price target on shares of Qnity Electronics in a report on Monday, February 23rd. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $123.29.

Qnity Electronics Stock Up 4.0%

The stock's fifty day moving average is $122.50. The company has a current ratio of 1.95, a quick ratio of 1.46 and a debt-to-equity ratio of 0.54. The firm has a market cap of $30.73 billion and a PE ratio of 80.13.

Qnity Electronics (NYSE:Q - Get Free Report) last posted its quarterly 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 business had revenue of $1.19 billion during the quarter, compared to analysts' expectations of $1.15 billion. The business's revenue for the quarter 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. Equities analysts expect that Qnity Electronics, Inc. will post 3.78 EPS for the current year.

Qnity Electronics Announces Dividend

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

Institutional Trading of Qnity Electronics

A number of hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $2,226,626,000. State Street Corp purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $728,894,000. Geode Capital Management LLC purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $435,786,000. Invesco Ltd. purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $385,057,000. Finally, Franklin Resources Inc. purchased a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $287,519,000.

Qnity Electronics Company Profile

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

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.