Midway Capital Research & Management Purchases Shares of 12,962 Qnity Electronics, Inc. $Q

Midway Capital Research & Management bought a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 12,962 shares of the premier technology solutions leader’s stock, valued at approximately $1,058,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Moisand Fitzgerald Tamayo LLC acquired a new stake in Qnity Electronics during the fourth quarter worth about $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 shares of Qnity Electronics in the 4th quarter valued at $26,000. Motco acquired a new position in Qnity Electronics in the fourth quarter valued at about $27,000. Finally, Provenance Wealth Advisors LLC acquired a new position in shares of Qnity Electronics in the 4th quarter worth approximately $27,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Mizuho upped their price objective on Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. KeyCorp increased their target price on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Royal Bank Of Canada lifted their price objective on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Qnity Electronics currently has an average rating of “Moderate Buy” and a consensus price target of $151.33.

Qnity Electronics Stock Up 0.1%

Qnity Electronics stock opened at $169.15 on Friday. The stock has a market cap of $35.41 billion and a P/E ratio of 58.13. The company’s 50-day moving average price is $148.57 and its two-hundred day moving average price is $117.41. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a twelve month low of $70.50 and a twelve month high of $171.52.

Qnity Electronics (NYSE:Q) 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 business had revenue of $1.31 billion for the quarter. The business’s revenue for the quarter 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, analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current year.

Qnity Electronics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Investors of record on Friday, May 29th were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, May 29th. Qnity Electronics’s dividend payout ratio is currently 11.00%.

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.