Bridges Investment Management Inc. Purchases New Shares in Qnity Electronics, Inc. $Q

Bridges Investment Management Inc. purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 3,565 shares of the premier technology solutions leader’s stock, valued at approximately $291,000.

A number of other institutional investors have also recently added to or reduced their stakes in Q. Moisand Fitzgerald Tamayo LLC acquired a new stake in Qnity Electronics in the 4th quarter valued at $25,000. Dunhill Financial LLC acquired a new stake in Qnity Electronics in the 4th quarter valued at $25,000. Armstrong Advisory Group Inc. acquired a new stake in Qnity Electronics in the 4th quarter valued at $26,000. Provenance Wealth Advisors LLC acquired a new stake in Qnity Electronics in the 4th quarter valued at $27,000. Finally, Motco acquired a new stake in Qnity Electronics in the 4th quarter valued at $27,000.

Wall Street Analysts Forecast Growth

Q has been the topic of a number of research analyst reports. Zacks Research cut shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. The Goldman Sachs Group reissued a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Royal Bank Of Canada lifted their target price on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, 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 note on Friday, February 27th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Stock Down 0.2%

NYSE Q opened at $154.68 on Friday. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. The business’s fifty day simple moving average is $140.70 and its 200-day simple moving average is $111.92. The firm has a market cap of $32.38 billion and a PE ratio of 53.16.

Qnity Electronics (NYSE:Q) last posted its quarterly 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 business’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. As a group, equities analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date is Friday, May 29th. Qnity Electronics’s payout ratio is 11.00%.

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.