Texas Capital Bank Wealth Management Services Inc Takes Position in Qnity Electronics, Inc. $Q

Texas Capital Bank Wealth Management Services Inc bought a new stake in Qnity Electronics, Inc. (NYSE:Q) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,245 shares of the premier technology solutions leader’s stock, valued at approximately $265,000.

Other institutional investors have also modified their holdings of the company. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of 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 about $25,000. Armstrong Advisory Group Inc. acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at about $26,000. Provenance Wealth Advisors LLC acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at about $27,000. Finally, Motco acquired a new stake in shares of Qnity Electronics in the 4th quarter valued at about $27,000.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on Q. Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. KeyCorp upped 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. The Goldman Sachs Group restated a “buy” rating and issued 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 issued a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $151.33.

Qnity Electronics Price Performance

Q opened at $155.90 on Friday. The firm has a market cap of $32.64 billion and a price-to-earnings ratio of 53.57. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $171.52. The company’s 50-day moving average price is $137.41 and its 200 day moving average price is $110.00. 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 (NYSE:Q) last released its quarterly earnings data 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. The company’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. As a group, sell-side analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid 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 is 11.00%.

About Qnity Electronics