Anchor Capital Advisors LLC Purchases New Stake in Qnity Electronics, Inc. $Q

Anchor Capital Advisors LLC purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 437,334 shares of the premier technology solutions leader’s stock, valued at approximately $35,708,000.

Several other institutional investors have also recently added to or reduced their stakes in Q. Moisand Fitzgerald Tamayo LLC acquired a new stake in Qnity Electronics in the fourth quarter valued at $25,000. Dunhill Financial LLC acquired a new stake in Qnity Electronics in the fourth quarter valued at $25,000. Armstrong Advisory Group Inc. acquired a new stake in Qnity Electronics in the fourth quarter valued at $26,000. Provenance Wealth Advisors LLC bought a new stake in Qnity Electronics during the fourth quarter valued at $27,000. Finally, Motco bought a new stake in Qnity Electronics during the fourth quarter valued at $27,000.

Qnity Electronics Stock Performance

Shares of Q opened at $155.86 on Wednesday. The firm has a 50-day moving average price of $138.20 and a 200 day moving average price of $110.48. The firm has a market capitalization of $32.63 billion and a PE ratio of 53.56. The company has a quick ratio of 1.57, a current ratio of 2.12 and a debt-to-equity ratio of 0.54. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $171.52.

Qnity Electronics (NYSE:Q) last announced its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.16. The company had revenue of $1.32 billion during the quarter. Qnity Electronics’s revenue for the quarter 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 firm also recently disclosed 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 annualized dividend and a dividend yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is 11.00%.

Wall Street Analyst Weigh In

Several research firms have weighed in on Q. Weiss Ratings reiterated a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. KeyCorp boosted their target price 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. Royal Bank Of Canada boosted their target price 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. The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, BMO Capital Markets restated an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $151.33.

About Qnity Electronics

Qnity Electronics is a technology company focused on providing electronic components and related solutions for industrial and commercial applications. Its offerings are centered on products that support the design, manufacture, and operation of electronic systems used across a range of end markets.

The company serves customers that need reliable electronic hardware and technical support for their operations, with an emphasis on performance, quality, and application-specific requirements.