Radnor Capital Management LLC Buys Shares of 8,580 Qnity Electronics, Inc. $Q

Radnor Capital Management LLC bought a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 8,580 shares of the premier technology solutions leader’s stock, valued at approximately $701,000.

A number of other large investors also recently added to or reduced their stakes in Q. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at $25,000. Dunhill Financial LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at $25,000. Armstrong Advisory Group Inc. bought a new stake in shares of Qnity Electronics during the 4th quarter valued at $26,000. Provenance Wealth Advisors LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at $27,000. Finally, Stephens Consulting LLC bought a new stake in shares of Qnity Electronics during the 4th quarter valued at $30,000.

Qnity Electronics Stock Down 2.7%

Q opened at $145.06 on Wednesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.57 and a current ratio of 2.12. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. The company has a fifty day moving average price of $130.24. The company has a market cap of $30.37 billion and a PE ratio of 79.27.

Qnity Electronics (NYSE:Q) last released its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion during the quarter. Qnity Electronics’s revenue was up 17.6% on a year-over-year basis. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. On average, equities research analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be given a $0.08 dividend. The ex-dividend date is Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio is currently 17.49%.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on Q. KeyCorp upped their price objective on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a report on Friday, February 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a report on Friday, May 8th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $165.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, Royal Bank Of Canada upped their price target on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $151.33.

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.