Keynote Financial Services LLC Takes $321,000 Position in Qnity Electronics, Inc. $Q

Keynote Financial Services LLC purchased a new stake in Qnity Electronics, Inc. (NYSE:QFree Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 3,931 shares of the premier technology solutions leader’s stock, valued at approximately $321,000.

A number of other large investors have also made changes to their positions in the stock. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $25,000. Dunhill Financial LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $25,000. Armstrong Advisory Group Inc. purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $26,000. Motco purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $27,000. Finally, Provenance Wealth Advisors LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $27,000.

Qnity Electronics Stock Up 0.9%

NYSE:Q opened at $150.42 on Friday. 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 stock’s fifty day moving average is $144.40 and its two-hundred day moving average is $114.50. Qnity Electronics, Inc. has a 52 week low of $70.50 and a 52 week high of $171.52. The stock has a market capitalization of $31.49 billion and a price-to-earnings ratio of 51.69.

Qnity Electronics (NYSE:QGet Free Report) last released its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion for the quarter. The business’s revenue was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Research analysts anticipate that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Announces Dividend

The firm 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. 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 payout ratio is 11.00%.

Analyst Upgrades and Downgrades

Q has been the subject of a number of analyst reports. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research report on Wednesday, May 13th. Mizuho upped their price target on Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. KeyCorp upped their price target on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a research report on Wednesday, May 13th. Eight equities 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 stock has a consensus rating of “Moderate Buy” and an average target price of $151.33.

Get Our Latest Analysis on Qnity Electronics

About Qnity Electronics

(Free Report)

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

Further Reading

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Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

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