Qnity Electronics, Inc. (NYSE:Q) Stock Has Consensus Price Target of $154.36

Shares of Qnity Electronics, Inc. (NYSE:Q) have earned a consensus recommendation of “Moderate Buy” from the twelve research firms that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation, nine have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $154.36.

Several equities research analysts have issued reports on the stock. Truist Financial began coverage on shares of Qnity Electronics in a report on Wednesday, October 14th. They issued a “buy” rating and a $170.00 price target on the stock. BMO Capital Markets raised their price objective on shares of Qnity Electronics from $180.00 to $185.00 and gave the stock an “outperform” rating in a report on Monday, July 6th. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Qnity Electronics in a research note on Wednesday, August 5th. Finally, Royal Bank Of Canada dropped their price target on shares of Qnity Electronics from $189.00 to $160.00 and set an “outperform” rating for the company in a research report on Thursday, October 15th.

Insider Buying and Selling at Qnity Electronics

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

Hedge Funds Weigh In On Qnity Electronics

Hedge funds and other institutional investors have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC grew its position in Qnity Electronics by 741.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 4,375,735 shares of the premier technology solutions leader’s stock valued at $518,787,000 after acquiring an additional 3,855,617 shares during the period. Amundi acquired a new position in Qnity Electronics during the first quarter worth $114,286,000. The Manufacturers Life Insurance Company lifted its holdings in shares of Qnity Electronics by 182.3% during the first quarter. The Manufacturers Life Insurance Company now owns 1,168,746 shares of the premier technology solutions leader’s stock valued at $134,850,000 after acquiring an additional 754,810 shares during the period. Arrowstreet Capital Limited Partnership bought a new position in shares of Qnity Electronics during the first quarter valued at $66,284,000. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Qnity Electronics by 314.6% during the third quarter. Assenagon Asset Management S.A. now owns 602,878 shares of the premier technology solutions leader’s stock valued at $75,806,000 after acquiring an additional 457,464 shares during the period.

Qnity Electronics Price Performance

Shares of Q stock opened at $114.22 on Tuesday. The stock has a 50 day moving average of $123.19 and a two-hundred day moving average of $128.20. The company has a current ratio of 2.01, a quick ratio of 1.50 and a debt-to-equity ratio of 0.53. Qnity Electronics has a 12 month low of $70.50 and a 12 month high of $177.28. The company has a market capitalization of $23.90 billion and a P/E ratio of 40.79.

Qnity Electronics (NYSE:Q) last released its quarterly earnings data on Tuesday, August 4th. The premier technology solutions leader reported $1.19 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.12. The business 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, equities analysts expect that Qnity Electronics will post 4.41 EPS for the current year.

Qnity Electronics Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Monday, November 30th. Qnity Electronics’s payout ratio is presently 11.43%.

About Qnity Electronics

Qnity Electronics, Inc is a global materials and solutions company serving the semiconductor and advanced electronics industries. The company develops and supplies materials used throughout the manufacturing process for integrated circuits, including wafer fabrication, lithography, cleaning, chemical mechanical planarization and advanced packaging.

Its product portfolio includes semiconductor-grade materials such as photoresists, dielectric materials, CMP pads and slurries, cleaners, removers and other process-enabling technologies.