Qnity Electronics, Inc. $Q Shares Bought by Steigerwald Gordon & Koch Inc.

Steigerwald Gordon & Koch Inc. lifted its position in shares of Qnity Electronics, Inc. (NYSE:Q) by 16.3% in the 1st quarter, Holdings Channel reports. The fund owned 98,943 shares of the premier technology solutions leader’s stock after buying an additional 13,844 shares during the period. Steigerwald Gordon & Koch Inc.’s holdings in Qnity Electronics were worth $11,416,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. GAMMA Investing LLC bought a new stake in Qnity Electronics in the 4th quarter valued at about $461,000. Neville Rodie & Shaw Inc. bought a new position in Qnity Electronics in the 4th quarter worth about $526,000. Investors Research Corp acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $102,000. Board of the Pension Protection Fund acquired a new stake in shares of Qnity Electronics in the fourth quarter valued at approximately $73,000. Finally, Canal Capital Management LLC bought a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $331,000.

Qnity Electronics Price Performance

NYSE Q opened at $141.82 on Friday. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $177.28. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The firm has a market capitalization of $29.69 billion and a PE ratio of 48.74. The company’s 50 day simple moving average is $153.37 and its 200 day simple moving average is $122.70.

Qnity Electronics (NYSE:Q) last released its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.31 billion during the quarter. Qnity Electronics’s quarterly 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. As a group, equities research analysts forecast 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 will be paid on Tuesday, September 15th. Stockholders of record on Monday, August 31st will be paid a $0.08 dividend. 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 Monday, August 31st. Qnity Electronics’s payout ratio is currently 11.00%.

Analyst Ratings Changes

A number of equities analysts recently issued reports on Q shares. Deutsche Bank Aktiengesellschaft set a $180.00 price objective on Qnity Electronics in a report on Wednesday, May 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. BMO Capital Markets reissued an “outperform” rating and issued a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Royal Bank Of Canada raised 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. Finally, The Goldman Sachs Group restated a “buy” rating and set a $165.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $152.44.

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.