86,107 Shares in Qnity Electronics, Inc. $Q Bought by TD Asset Management Inc

TD Asset Management Inc bought a new position in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 86,107 shares of the premier technology solutions leader’s stock, valued at approximately $7,031,000.

Other large investors have also bought and sold shares of the company. Moisand Fitzgerald Tamayo LLC acquired a new stake in Qnity Electronics during the 4th quarter worth about $25,000. Dunhill Financial LLC acquired a new stake in Qnity Electronics during the 4th quarter worth about $25,000. Armstrong Advisory Group Inc. acquired a new stake in Qnity Electronics during the 4th quarter worth about $26,000. Provenance Wealth Advisors LLC acquired a new stake in Qnity Electronics during the 4th quarter worth about $27,000. Finally, Motco acquired a new stake in Qnity Electronics during the 4th quarter worth about $27,000.

Qnity Electronics Price Performance

Q stock opened at $144.75 on Wednesday. The business has a 50-day simple moving average of $142.43 and a two-hundred day simple moving average of $113.27. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $171.52. The company has a market capitalization of $30.30 billion and a P/E ratio of 49.74. 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 (NYSE:Q) last issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.92 by $0.16. The firm had revenue of $1.32 billion during the quarter. The firm’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. Research analysts expect that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The business also recently declared 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 is currently 11.00%.

Analysts Set New Price Targets

A number of brokerages have weighed in on Q. KeyCorp increased their price target on Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Zacks Research downgraded Qnity Electronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 target price on shares of Qnity Electronics in a research report on Wednesday, May 13th. Royal Bank Of Canada raised their price target 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. Finally, Mizuho upped their price objective on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a report on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Qnity Electronics presently has an average rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Profile

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