Qnity Electronics, Inc. (NYSE:Q) Receives $151.33 Average PT from Analysts

Qnity Electronics, Inc. (NYSE:Q) has been assigned an average recommendation of “Moderate Buy” from the ten research firms that are presently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $151.3333.

Q has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. BMO Capital Markets restated an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Mizuho lifted their target price on Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Finally, Royal Bank Of Canada boosted their price target on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th.

Qnity Electronics Trading Down 1.9%

Shares of NYSE:Q opened at $155.90 on Friday. The stock’s 50-day simple moving average is $137.41 and its two-hundred day simple moving average is $110.00. The stock has a market capitalization of $32.64 billion and a price-to-earnings ratio of 53.57. Qnity Electronics has a 52-week low of $70.50 and a 52-week high of $171.52. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12.

Qnity Electronics (NYSE:Q) last released its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating the consensus estimate of $0.92 by $0.16. The business had revenue of $1.32 billion for the quarter. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Analysts expect that Qnity Electronics will post 4.08 EPS for the current year.

Qnity Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given 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 of this dividend is Friday, May 29th. Qnity Electronics’s payout ratio is presently 11.00%.

Institutional Investors Weigh In On Qnity Electronics

Several hedge funds and other institutional investors have recently added to or reduced their stakes in Q. Vanguard Group Inc. bought a new position in shares of Qnity Electronics in the fourth quarter worth approximately $2,226,626,000. State Street Corp purchased a new stake in shares of Qnity Electronics in the fourth quarter worth $728,894,000. Geode Capital Management LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at $435,786,000. Invesco Ltd. purchased a new position in shares of Qnity Electronics during the 4th quarter valued at $385,057,000. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Qnity Electronics by 741.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock valued at $518,787,000 after buying an additional 3,855,617 shares in the last quarter.

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.