3,619 Shares in Qnity Electronics, Inc. $Q Purchased by Orca Wealth Management LLC

Orca Wealth Management LLC purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, Holdings Channel.com reports. The firm purchased 3,619 shares of the premier technology solutions leader’s stock, valued at approximately $295,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in Q. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of Qnity Electronics in the 4th quarter worth $25,000. Dunhill Financial LLC purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $25,000. Armstrong Advisory Group Inc. purchased a new stake in shares of Qnity Electronics in the fourth quarter valued at about $26,000. Motco acquired a new stake in Qnity Electronics during the fourth quarter worth about $27,000. Finally, Provenance Wealth Advisors LLC acquired a new position in Qnity Electronics in the 4th quarter valued at about $27,000.

Qnity Electronics Stock Performance

NYSE:Q opened at $152.71 on Friday. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. Qnity Electronics, Inc. has a 12 month low of $70.50 and a 12 month high of $171.52. The firm has a market capitalization of $31.97 billion and a PE ratio of 52.48. The business’s fifty day moving average price is $131.79 and its 200 day moving average price is $107.48.

Qnity Electronics (NYSE:Q) last posted its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.16. The business had revenue of $1.32 billion for 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, sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be given a dividend of $0.08 per share. 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 payout ratio is 11.00%.

Analyst Ratings Changes

Several equities analysts have recently commented on Q shares. Royal Bank Of Canada upped their price objective on shares of Qnity Electronics from $150.00 to $200.00 and gave the stock an “outperform” rating in a report on Wednesday, May 13th. Zacks Research downgraded Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $180.00 target price on Qnity Electronics in a report on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research report on Friday, May 8th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Qnity Electronics presently has a consensus rating of “Moderate Buy” and an average price target 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.