Reflection Asset Management Invests $482,000 in Qnity Electronics, Inc. $Q

Reflection Asset Management acquired a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 5,905 shares of the premier technology solutions leader’s stock, valued at approximately $482,000.

A number of other institutional investors have also recently made changes to their positions in Q. Moisand Fitzgerald Tamayo LLC purchased a new position in Qnity Electronics during the 4th quarter valued at approximately $25,000. Dunhill Financial LLC bought a new position in Qnity Electronics during the fourth quarter valued at $25,000. Armstrong Advisory Group Inc. bought a new position in Qnity Electronics during the 4th quarter valued at about $26,000. Motco bought a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $27,000. Finally, Provenance Wealth Advisors LLC purchased a new stake in Qnity Electronics in the fourth quarter worth $27,000.

Qnity Electronics Trading Up 0.1%

Q opened at $169.15 on Friday. The company’s 50 day simple moving average is $148.57 and its two-hundred day simple moving average is $117.41. The firm has a market capitalization of $35.41 billion and a price-to-earnings ratio of 58.13. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52.

Qnity Electronics (NYSE:Q) last released its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.31 billion for the quarter. The firm’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. Analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were paid a $0.08 dividend. The ex-dividend date of this dividend was 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 presently 11.00%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Royal Bank Of Canada boosted their target price on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. BMO Capital Markets reiterated an “outperform” rating and set a $180.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Finally, Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Profile

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