Auxier Asset Management LLC Makes New $1.89 Million Investment in Qnity Electronics, Inc. $Q

Auxier Asset Management LLC purchased a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 23,188 shares of the premier technology solutions leader’s stock, valued at approximately $1,893,000.

Several other institutional investors and hedge funds have also recently modified their holdings of Q. GAMMA Investing LLC bought a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $461,000. Neville Rodie & Shaw Inc. bought a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $526,000. Investors Research Corp bought a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $102,000. Board of the Pension Protection Fund bought a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $73,000. Finally, Canal Capital Management LLC bought a new stake in shares of Qnity Electronics during the fourth quarter valued at approximately $331,000.

Qnity Electronics Stock Performance

Shares of Q stock opened at $156.49 on Thursday. The firm has a market cap of $32.76 billion and a price-to-earnings ratio of 53.78. The company’s 50 day moving average is $146.76 and its 200 day moving average is $116.42. 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 issued its quarterly earnings data on Tuesday, May 12th. The premier technology solutions leader reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.92 by $0.16. The business had revenue of $1.32 billion for the quarter. The business’s revenue for the quarter 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. On average, sell-side analysts anticipate that Qnity Electronics, Inc. will post 4.08 EPS for the current fiscal year.

Qnity Electronics Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 0.2%. The ex-dividend date of this dividend was Friday, May 29th. Qnity Electronics’s payout ratio is currently 11.00%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the stock. Mizuho lifted their price target on shares of Qnity Electronics from $150.00 to $170.00 and gave the company an “outperform” rating in a research note on Wednesday, May 13th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Qnity Electronics in a research note on Friday, May 8th. BMO Capital Markets reaffirmed an “outperform” rating and set a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Deutsche Bank Aktiengesellschaft set a $180.00 price target on shares of Qnity Electronics in a research note on Wednesday, May 13th. Finally, KeyCorp lifted 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 issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus 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.