Qnity Electronics (NYSE:Q) Stock Moved Up to “Strong-Buy” by Barclays

Qnity Electronics (NYSE:Q) was upgraded by stock analysts at Barclays to a “strong-buy” rating in a report released on Monday, Zacks reports.

Several other equities research analysts have also recently weighed in on the stock. BMO Capital Markets raised their price objective 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. Mizuho dropped their target price on shares of Qnity Electronics from $180.00 to $160.00 and set an “outperform” rating for the company in a research note on Thursday, October 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Qnity Electronics in a research report on Wednesday, August 5th. Weiss Ratings raised shares of Qnity Electronics from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday. Finally, Royal Bank Of Canada decreased 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 note on Tuesday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $157.00.

Qnity Electronics Price Performance

Shares of Q stock opened at $121.39 on Monday. The stock’s fifty day moving average is $126.51 and its 200-day moving average is $137.61. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.50 and a current ratio of 2.01. The stock has a market capitalization of $25.40 billion and a PE ratio of 43.35. Qnity Electronics has a 52 week low of $70.50 and a 52 week high of $177.28.

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, beating analysts’ consensus estimates of $1.07 by $0.12. The company had revenue of $1.43 billion during 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. Equities research analysts expect that Qnity Electronics will post 4.52 EPS for the current fiscal year.

Insider Transactions at Qnity Electronics

In other Qnity Electronics news, Director Bondt De bought 1,000 shares of Qnity Electronics stock in a transaction dated Tuesday, August 11th. The shares were bought at an average price of $138.14 per share, with a total value of $138,140.00. Following the purchase, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 0.15% of the company’s stock.

Institutional Trading of Qnity Electronics

A number of institutional investors have recently bought and sold shares of Q. ZWJ Investment Counsel Inc. increased its position in shares of Qnity Electronics by 42.4% in the third quarter. ZWJ Investment Counsel Inc. now owns 3,677 shares of the premier technology solutions leader’s stock worth $462,000 after purchasing an additional 1,095 shares during the period. Mather Group LLC. lifted its position in Qnity Electronics by 22.1% during the third quarter. Mather Group LLC. now owns 6,882 shares of the premier technology solutions leader’s stock worth $865,000 after purchasing an additional 1,245 shares during the period. Fortune 45 LLC acquired a new stake in Qnity Electronics during the third quarter worth about $941,000. Tempus Wealth Planning LLC grew its stake in Qnity Electronics by 14.2% during the third quarter. Tempus Wealth Planning LLC now owns 2,642 shares of the premier technology solutions leader’s stock worth $332,000 after buying an additional 328 shares in the last quarter. Finally, First Citizens Bank & Trust Co. grew its stake in Qnity Electronics by 4.2% during the third quarter. First Citizens Bank & Trust Co. now owns 2,865 shares of the premier technology solutions leader’s stock worth $360,000 after buying an additional 116 shares in the last quarter.

Qnity Electronics Company Profile

Qnity Electronics is an electronics materials company focused on technologies used in semiconductor manufacturing and advanced electronics production. The company supplies materials and solutions designed to support processes such as wafer fabrication, lithography, chemical-mechanical planarization, cleaning, packaging and interconnect formation.

Qnity’s product portfolio serves semiconductor manufacturers, chip designers, assembly and packaging providers, and other customers across the electronics supply chain.