Kentucky Retirement Systems Insurance Trust Fund Buys Shares of 5,508 Qnity Electronics, Inc. $Q

Kentucky Retirement Systems Insurance Trust Fund bought a new stake in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 5,508 shares of the premier technology solutions leader’s stock, valued at approximately $450,000.

Several other hedge funds have also recently bought and sold shares of Q. Moisand Fitzgerald Tamayo LLC bought a new position in Qnity Electronics in the 4th quarter valued at about $25,000. Dunhill Financial LLC acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $25,000. Armstrong Advisory Group Inc. acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $26,000. Provenance Wealth Advisors LLC acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $27,000. Finally, Motco acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at approximately $27,000.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on Q shares. Weiss Ratings restated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. Royal Bank Of Canada raised their price target on shares of Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Zacks Research downgraded shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. BMO Capital Markets restated an “outperform” rating and issued a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, KeyCorp raised their price target on shares of Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Trading Down 0.1%

Q opened at $155.90 on Monday. The company’s 50 day moving average is $137.41 and its 200-day moving average is $110.09. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $171.52. The company has a current ratio of 2.12, a quick ratio of 1.57 and a debt-to-equity ratio of 0.54. The company has a market cap of $32.64 billion and a P/E ratio of 53.57.

Qnity Electronics (NYSE:Q) last posted its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping the consensus estimate of $0.92 by $0.16. The business had revenue of $1.32 billion for the quarter. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.800-4.140 EPS. Equities research analysts predict that Qnity Electronics, Inc. will post 4.08 earnings per share for the current fiscal year.

Qnity Electronics Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors 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 annualized dividend and a yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is currently 11.00%.

Qnity Electronics Company Profile

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