Kelleher Financial Advisors Takes $426,000 Position in Qnity Electronics, Inc. $Q

Kelleher Financial Advisors bought a new position in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, Holdings Channel reports. The fund bought 5,213 shares of the premier technology solutions leader’s stock, valued at approximately $426,000.

Several other institutional investors also recently modified their holdings of the business. Moisand Fitzgerald Tamayo LLC purchased a new position in Qnity Electronics during the 4th quarter valued at about $25,000. Armstrong Advisory Group Inc. purchased a new stake in Qnity Electronics in the fourth quarter worth about $26,000. Stephens Consulting LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $30,000. Piscataqua Savings Bank bought a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $36,000. Finally, CVA Family Office LLC purchased a new position in shares of Qnity Electronics during the fourth quarter valued at approximately $38,000.

Wall Street Analyst Weigh In

Q has been the topic of a number of analyst reports. KeyCorp boosted their price target on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a research report on Friday, February 27th. Oppenheimer started coverage on Qnity Electronics in a research report on Tuesday, December 16th. They set an “outperform” rating and a $100.00 price objective for the company. Weiss Ratings initiated coverage on Qnity Electronics in a research note on Thursday, January 22nd. They set a “hold (c-)” rating for the company. Mizuho set a $120.00 target price on Qnity Electronics in a research note on Monday, February 23rd. Finally, Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $120.86.

Qnity Electronics Stock Performance

Shares of Qnity Electronics stock opened at $116.48 on Friday. The business has a 50-day moving average price of $111.05. The stock has a market capitalization of $24.42 billion and a PE ratio of 63.65. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $140.60. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.18. The firm had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.15 billion. The company’s revenue for the quarter was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

About Qnity Electronics

Qnity Electronics Inc is a premier technology solution provider across the semiconductor value chain. Qnity Electronics Inc is based in WILMINGTON, Del.