Investors Buy Large Volume of Call Options on Qnity Electronics (NYSE:Q)

Qnity Electronics, Inc. (NYSE:Q) was the target of unusually large options trading on Tuesday. Investors purchased 11,298 call options on the stock. This is an increase of 280% compared to the typical volume of 2,976 call options.

Insider Buying and Selling at Qnity Electronics

In other news, Director Bondt Karin De purchased 1,000 shares of the stock in a transaction on Tuesday, August 11th. The stock was purchased at an average price of $138.14 per share, for a total transaction of $138,140.00. Following the acquisition, the director owned 6,647 shares in the company, valued at $918,216.58. This trade 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 at the SEC website. Insiders own 0.15% of the company’s stock.

Hedge Funds Weigh In On Qnity Electronics

A number of hedge funds have recently modified their holdings of Q. First Bancorp Inc ME purchased a new stake in shares of Qnity Electronics in the second quarter valued at approximately $32,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in Qnity Electronics by 71.8% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 213 shares of the premier technology solutions leader’s stock valued at $25,000 after purchasing an additional 89 shares during the last quarter. Bank & Trust Co bought a new position in shares of Qnity Electronics during the 2nd quarter worth approximately $43,000. Dunhill Financial LLC purchased a new stake in shares of Qnity Electronics during the 4th quarter valued at $25,000. Finally, Motco purchased a new stake in Qnity Electronics in the fourth quarter valued at about $27,000.

Qnity Electronics Price Performance

Shares of Q stock traded down $7.74 during trading on Tuesday, hitting $133.02. The company had a trading volume of 333,293 shares, compared to its average volume of 2,105,925. Qnity Electronics has a 52 week low of $70.50 and a 52 week high of $177.28. The company has a quick ratio of 1.50, a current ratio of 2.01 and a debt-to-equity ratio of 0.53. The stock has a market capitalization of $27.83 billion and a price-to-earnings ratio of 47.51. The stock’s 50-day moving average is $144.75 and its two-hundred day moving average is $133.78.

Qnity Electronics (NYSE:Q) last posted its quarterly 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. The company had revenue of $1.43 billion for the quarter. Qnity Electronics had a return on equity of 10.83% and a net margin of 11.25%.Qnity Electronics has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, analysts predict that Qnity Electronics will post 4.52 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The firm 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 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Monday, August 31st. Qnity Electronics’s dividend payout ratio is 11.43%.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on Q. Mizuho lifted their target price on Qnity Electronics from $170.00 to $180.00 and gave the stock an “outperform” rating in a report on Wednesday, July 1st. Royal Bank Of Canada dropped their price target on shares of Qnity Electronics from $200.00 to $189.00 and set an “outperform” rating on the stock in a research report on Tuesday, July 14th. Weiss Ratings downgraded shares of Qnity Electronics from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, August 5th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Qnity Electronics in a research note on Wednesday, August 5th. Finally, BMO Capital Markets increased their price target 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. One investment 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 stock currently has an average rating of “Buy” and a consensus target price of $151.78.

Qnity Electronics Company Profile

Qnity Electronics plc (NYSE:Q) is a global materials and technology company serving the semiconductor and advanced electronics industries. The company supplies specialized products used in chip fabrication, packaging, and electronic interconnect applications.

Its offerings include chemical-mechanical planarization materials, semiconductor process chemicals, dielectric and conductive materials, advanced packaging solutions, and materials used in the production of printed circuit boards and other electronic components.