Caldwell Trust Co Buys New Shares in Qnity Electronics, Inc. $Q

Caldwell Trust Co bought a new stake in Qnity Electronics, Inc. (NYSE:Q) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 6,560 shares of the premier technology solutions leader’s stock, valued at approximately $536,000.

Several other hedge funds have also made changes to their positions in Q. Vanguard Group Inc. bought a new stake in shares of Qnity Electronics in the fourth quarter valued at about $2,226,626,000. Massachusetts Financial Services Co. MA bought a new position in Qnity Electronics during the fourth quarter worth about $125,587,000. UBS Group AG bought a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $120,414,000. M&T Bank Corp bought a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $65,334,000. Finally, Allspring Global Investments Holdings LLC bought a new position in shares of Qnity Electronics in the fourth quarter valued at approximately $44,200,000.

Qnity Electronics Price Performance

Shares of Qnity Electronics stock opened at $137.61 on Wednesday. Qnity Electronics, Inc. has a fifty-two week low of $70.50 and a fifty-two week high of $146.67. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.95 and a quick ratio of 1.46. The firm has a market capitalization of $28.84 billion and a price-to-earnings ratio of 75.19. The company has a 50 day moving average of $121.41.

Qnity Electronics (NYSE:Q) last issued its earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, beating analysts’ consensus estimates of $0.64 by $0.18. The company had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.15 billion. The business’s quarterly 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. On average, analysts expect that Qnity Electronics, Inc. will post 3.78 earnings per share for the current year.

Qnity Electronics Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Shareholders of record on Friday, May 29th will be given a $0.08 dividend. The ex-dividend date is Friday, May 29th. This represents a $0.32 dividend on an annualized basis and a yield of 0.2%. Qnity Electronics’s dividend payout ratio (DPR) is currently 17.49%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Weiss Ratings began coverage on shares of Qnity Electronics in a report on Thursday, January 22nd. They issued a “hold (c-)” rating for the company. Mizuho set a $120.00 price objective on shares of Qnity Electronics in a research report on Monday, February 23rd. 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 reaffirmed a “buy” rating and issued a $126.00 target price on shares of Qnity Electronics in a research note on Friday, February 20th. Finally, Royal Bank Of Canada increased their price objective on shares of Qnity Electronics from $139.00 to $150.00 and gave the stock an “outperform” rating in a research note on Friday, April 24th. Six analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $123.29.

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.