Abner Herrman & Brock LLC Acquires New Holdings in Qnity Electronics, Inc. $Q

Abner Herrman & Brock LLC bought a new position in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 7,250 shares of the premier technology solutions leader’s stock, valued at approximately $592,000.

Other large investors have also recently added to or reduced their stakes in the company. Board of the Pension Protection Fund acquired a new stake in shares of Qnity Electronics in the fourth quarter worth $73,000. Investors Research Corp acquired a new position in Qnity Electronics in the 4th quarter valued at $102,000. Canal Capital Management LLC bought a new position in Qnity Electronics in the 4th quarter worth $331,000. GAMMA Investing LLC bought a new position in Qnity Electronics in the 4th quarter worth $461,000. Finally, Neville Rodie & Shaw Inc. acquired a new position in Qnity Electronics during the 4th quarter worth $526,000.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. KeyCorp raised their price target on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research report on Friday, February 27th. Royal Bank Of Canada boosted their price objective on Qnity Electronics from $118.00 to $133.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 25th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $126.00 target price on shares of Qnity Electronics in a report on Friday, February 20th. Zacks Research raised Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Finally, Weiss Ratings assumed coverage on Qnity Electronics in a report on Thursday, January 22nd. They set a “hold (c-)” rating for the company. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $120.86.

Qnity Electronics Stock Performance

NYSE:Q opened at $111.97 on Friday. The stock’s 50-day moving average is $106.68. Qnity Electronics, Inc. has a 52-week low of $70.50 and a 52-week high of $140.60. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. The company has a market cap of $23.48 billion and a P/E ratio of 61.19.

Qnity Electronics (NYSE:Q) last released its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.18. The company had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The company’s revenue was up 8.1% compared to the same quarter last year. Qnity Electronics has set its FY 2026 guidance at 3.550-3.950 EPS.

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.