Insider Buying: Qnity Electronics (NYSE:Q) Director Buys $138,140.00 in Stock

Qnity Electronics, Inc. (NYSE:Q) Director Bondt Karin De acquired 1,000 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was acquired 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 $918,216.58. This trade represents a 17.71% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Qnity Electronics Stock Down 0.4%

Qnity Electronics stock opened at $142.08 on Friday. The stock has a market capitalization of $29.72 billion and a PE ratio of 50.74. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $177.28. The business has a 50 day simple moving average of $144.83 and a 200-day simple moving average of $133.23. The company has a debt-to-equity ratio of 0.53, a current ratio of 2.01 and a quick ratio of 1.50.

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

Qnity Electronics Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be given a dividend of $0.08 per share. The ex-dividend date is Monday, August 31st. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Qnity Electronics’s dividend payout ratio is currently 11.43%.

Analyst Ratings Changes

Q has been the topic of several research analyst reports. BMO Capital Markets lifted their target price on shares of Qnity Electronics from $180.00 to $185.00 and gave the company an “outperform” rating in a research report on Monday, July 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Qnity Electronics in a report on Wednesday, August 5th. Zacks Research raised Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, June 30th. Weiss Ratings cut Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, August 5th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus target price of $151.78.

Institutional Trading of Qnity Electronics

Several institutional investors have recently made changes to their positions in Q. Sound Income Strategies LLC acquired a new stake in Qnity Electronics during the fourth quarter worth $32,000. Prime Capital Investment Advisors LLC acquired a new position in shares of Qnity Electronics in the 4th quarter worth approximately $260,000. Apollon Wealth Management LLC purchased a new position in shares of Qnity Electronics during the 4th quarter worth approximately $539,000. Bartlett & CO. Wealth Management LLC acquired a new stake in Qnity Electronics in the 4th quarter valued at approximately $77,000. Finally, Massachusetts Financial Services Co. MA acquired a new stake in Qnity Electronics in the 4th quarter valued at approximately $125,587,000.

Qnity Electronics Company Profile

Qnity Electronics, Inc is a global materials and technology company serving the semiconductor and advanced electronics industries. The company develops materials and process solutions used in the manufacture of integrated circuits, including products that support wafer fabrication, patterning, planarization and advanced semiconductor packaging.

Its portfolio is associated with critical semiconductor manufacturing processes and includes materials such as chemical-mechanical planarization products, electronic-grade chemicals, dielectric and metallization materials, and other solutions used to improve chip performance, reliability and manufacturing efficiency.