Greenwich Wealth Management LLC Purchases Shares of 10,475 Qnity Electronics, Inc. $Q

Greenwich Wealth Management LLC bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, Holdings Channel reports. The institutional investor bought 10,475 shares of the premier technology solutions leader’s stock, valued at approximately $855,000.

Several other large investors have also recently bought and sold shares of the stock. Natixis Advisors LLC bought a new position in Qnity Electronics in the fourth quarter valued at approximately $8,022,000. Beaton Management Co. Inc. bought a new position in Qnity Electronics in the fourth quarter valued at approximately $407,000. Spinnaker Trust bought a new position in Qnity Electronics in the fourth quarter valued at approximately $290,000. Root Financial Partners LLC bought a new position in Qnity Electronics in the fourth quarter valued at approximately $44,000. Finally, ESL Trust Services LLC bought a new position in Qnity Electronics in the fourth quarter valued at approximately $50,000.

Qnity Electronics Stock Performance

Shares of Q stock opened at $155.86 on Wednesday. The company has a market capitalization of $32.63 billion and a price-to-earnings ratio of 53.56. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. The company has a 50-day simple moving average of $138.20 and a 200 day simple moving average of $110.48. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52.

Qnity Electronics (NYSE:Q) last announced its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping the consensus estimate of $0.92 by $0.16. The company had revenue of $1.32 billion for the quarter. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, sell-side analysts predict that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The company also recently announced 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 11.00%.

Analyst Ratings Changes

A number of research firms have weighed in on Q. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. KeyCorp upped their target price 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. BMO Capital Markets reaffirmed an “outperform” rating and issued a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a report on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $151.33.

Qnity Electronics Profile

Qnity Electronics is a company focused on electronics-related products and solutions for industrial and commercial customers. Publicly available information about its operations is limited, so a detailed description of its product portfolio, end markets, and geographic reach is not readily available.

Because reliable information on the company’s history, leadership, and specific business segments is not sufficiently available, a fuller company profile cannot be provided without risking inaccuracy.