NewEdge Advisors LLC Has $2.69 Million Stake in Qnity Electronics, Inc. $Q

NewEdge Advisors LLC lifted its stake in Qnity Electronics, Inc. (NYSE:Q) by 17.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,324 shares of the premier technology solutions leader’s stock after buying an additional 3,509 shares during the period. NewEdge Advisors LLC’s holdings in Qnity Electronics were worth $2,691,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Annis Gardner Whiting Capital Advisors LLC raised its holdings in Qnity Electronics by 71.8% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after acquiring an additional 89 shares in the last quarter. Dunhill Financial LLC acquired a new stake in shares of Qnity Electronics during the 4th quarter worth $25,000. Motco bought a new position in shares of Qnity Electronics in the fourth quarter worth $27,000. Provenance Wealth Advisors LLC bought a new position in shares of Qnity Electronics in the fourth quarter worth $27,000. Finally, Basepoint Wealth LLC acquired a new position in Qnity Electronics in the first quarter valued at about $39,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on Q shares. Weiss Ratings downgraded shares of Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada dropped their target price on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating for the company in a research report on Tuesday, July 14th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Qnity Electronics in a report on Wednesday, August 5th. Mizuho increased their price target on shares of Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 1st. Finally, Zacks Research raised shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $151.78.

Insider Buying and Selling at Qnity Electronics

In related news, Director Bondt Karin De purchased 1,000 shares of the stock in a transaction dated Tuesday, August 11th. The stock was bought at an average cost of $138.14 per share, for a total transaction of $138,140.00. Following the completion of the acquisition, the director owned 6,647 shares of the company’s stock, valued at approximately $918,216.58. This represents a 17.71% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.15% of the company’s stock.

Qnity Electronics Stock Up 0.3%

Q stock opened at $142.53 on Friday. The firm has a 50-day moving average price of $144.84 and a 200-day moving average price of $133.17. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $177.28. The company has a current ratio of 2.01, a quick ratio of 1.50 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $29.82 billion and a P/E ratio of 50.90.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings results on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.12. The company had revenue of $1.43 billion for the quarter. Qnity Electronics had a net margin of 11.25% and a return on equity of 10.83%. Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, equities research analysts anticipate that Qnity Electronics, Inc. will post 4.52 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a dividend of $0.08 per share. 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 presently 11.43%.

Qnity Electronics Company Profile

Qnity Electronics (NYSE:Q) is an electronics materials and solutions company serving the semiconductor and advanced electronics industries. The company develops and supplies materials, components and process solutions used in semiconductor manufacturing, advanced packaging and other applications that support the production of increasingly complex electronic devices.

Its offerings are designed to help customers manage critical manufacturing requirements, including wafer processing, semiconductor assembly and packaging, and the development of high-performance electronic systems.