Lowe Brockenbrough & Co. Inc. Purchases Shares of 7,711 Qnity Electronics, Inc. $Q

Lowe Brockenbrough & Co. Inc. purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 7,711 shares of the premier technology solutions leader’s stock, valued at approximately $630,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter worth about $25,000. Dunhill Financial LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter worth about $25,000. Armstrong Advisory Group Inc. acquired a new stake in shares of Qnity Electronics during the 4th quarter worth about $26,000. Motco acquired a new stake in shares of Qnity Electronics during the 4th quarter worth about $27,000. Finally, Provenance Wealth Advisors LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter worth about $27,000.

Qnity Electronics Trading Down 8.1%

Shares of Q stock opened at $142.31 on Friday. The business’s 50 day moving average is $141.14 and its two-hundred day moving average is $112.13. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $171.52. The company has a market capitalization of $29.79 billion and a P/E ratio of 48.91. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last announced its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.92 by $0.16. The company had revenue of $1.32 billion during the quarter. The company’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. Equities analysts forecast that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid 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%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on Q shares. Zacks Research lowered Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. Mizuho lifted their price target on Qnity Electronics from $150.00 to $170.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. KeyCorp lifted their target price on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Eight equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $151.33.

About Qnity Electronics

Qnity Electronics is a specialty electronics company that provides materials, components, and related solutions used in the production and performance of advanced electronic devices. The company focuses on supporting applications in areas such as semiconductors, circuit boards, and other high-technology manufacturing environments.

Its offerings are used by customers involved in electronics design and fabrication, where precision, reliability, and consistent material performance are important.