Caption Management LLC Buys Shares of 79,326 Qnity Electronics, Inc. $Q

Caption Management LLC bought a new stake in shares of Qnity Electronics, Inc. (NYSE:QFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 79,326 shares of the premier technology solutions leader’s stock, valued at approximately $6,477,000.

A number of other institutional investors also recently modified their holdings of the stock. Clearline Capital LP acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at $1,903,000. Consultiva Wealth Management CORP. acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at $55,000. Balyasny Asset Management L.P. acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at $15,637,000. Banco Bilbao Vizcaya Argentaria S.A. acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at $1,180,000. Finally, Brooks Moore & Associates Inc. acquired a new stake in shares of Qnity Electronics during the 4th quarter valued at $435,000.

Qnity Electronics Stock Performance

Shares of Q opened at $156.49 on Thursday. The company has a market capitalization of $32.76 billion and a PE ratio of 53.78. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $171.52. The company has a debt-to-equity ratio of 0.54, a current ratio of 2.12 and a quick ratio of 1.57. The company’s fifty day moving average price is $146.76 and its 200 day moving average price is $116.42.

Qnity Electronics (NYSE:QGet Free Report) last announced its earnings results on Tuesday, May 12th. The premier technology solutions leader reported $1.08 EPS for the quarter, topping the consensus estimate of $0.92 by $0.16. The firm had revenue of $1.32 billion during the quarter. The company’s quarterly revenue 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, analysts expect that Qnity Electronics, Inc. will post 4.08 earnings per share for the current year.

Qnity Electronics Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages have issued reports on Q. Deutsche Bank Aktiengesellschaft set a $180.00 target price on shares of Qnity Electronics in a research note on Wednesday, May 13th. KeyCorp lifted their price objective 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. BMO Capital Markets reaffirmed an “outperform” rating and issued a $180.00 price objective on shares of Qnity Electronics in a research note on Wednesday, May 13th. Mizuho lifted their price objective 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. Finally, Zacks Research lowered shares of Qnity Electronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Qnity Electronics presently has an average rating of “Moderate Buy” and a consensus price target of $151.33.

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Qnity Electronics Profile

(Free Report)

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

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Institutional Ownership by Quarter for Qnity Electronics (NYSE:Q)

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