Cladis Investment Advisory LLC Takes $335,000 Position in Qnity Electronics, Inc. $Q

Cladis Investment Advisory LLC bought a new stake in shares of Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, Holdings Channel reports. The fund bought 4,101 shares of the premier technology solutions leader’s stock, valued at approximately $335,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of Q. Kestra Private Wealth Services LLC bought a new position in Qnity Electronics in the 4th quarter worth approximately $769,000. Cohen Klingenstein LLC bought a new position in Qnity Electronics in the 4th quarter worth approximately $587,000. KBC Group NV bought a new position in Qnity Electronics in the 4th quarter worth approximately $12,189,000. Wesbanco Bank Inc. bought a new position in Qnity Electronics in the 4th quarter worth approximately $1,566,000. Finally, Delta Capital Management LLC bought a new position in Qnity Electronics in the 4th quarter worth approximately $1,141,000.

Qnity Electronics Stock Up 0.9%

Shares of NYSE:Q opened at $150.42 on Friday. The firm has a fifty day moving average price of $144.40 and a two-hundred day moving average price of $114.50. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $171.52. The company has a market cap of $31.49 billion and a price-to-earnings ratio of 51.69.

Qnity Electronics (NYSE:Q) last announced its quarterly earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, beating the consensus estimate 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. 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 will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be 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 is Friday, May 29th. Qnity Electronics’s dividend payout ratio (DPR) is presently 11.00%.

Analyst Upgrades and Downgrades

Several research analysts recently commented on Q shares. BMO Capital Markets reaffirmed an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a report on Wednesday, May 13th. Royal Bank Of Canada upped their price target on Qnity Electronics from $150.00 to $200.00 and gave the company an “outperform” rating in a research report on Wednesday, May 13th. Zacks Research cut Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. The Goldman Sachs Group reiterated a “buy” rating and set a $165.00 price target on shares of Qnity Electronics in a research report on Wednesday, May 13th. Finally, Deutsche Bank Aktiengesellschaft set a $180.00 price target on Qnity Electronics in a research report on Wednesday, May 13th. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Qnity Electronics presently has an average rating of “Moderate Buy” and a consensus price target of $151.33.

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.