Wealth Enhancement Advisory Services LLC Purchases Shares of 66,178 Qnity Electronics, Inc. $Q

Wealth Enhancement Advisory Services LLC purchased a new position in shares of Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 66,178 shares of the premier technology solutions leader’s stock, valued at approximately $5,403,000.

A number of other hedge funds have also recently made changes to their positions in the business. Abner Herrman & Brock LLC purchased a new position in Qnity Electronics in the 4th quarter worth $592,000. Neville Rodie & Shaw Inc. bought a new stake in Qnity Electronics in the fourth quarter worth $526,000. GAMMA Investing LLC purchased a new stake in Qnity Electronics during the fourth quarter valued at about $461,000. Canal Capital Management LLC purchased a new stake in Qnity Electronics during the fourth quarter valued at about $331,000. Finally, NorthCrest Asset Manangement LLC bought a new position in shares of Qnity Electronics during the fourth quarter valued at about $236,000.

Analyst Ratings Changes

Several research firms have recently commented on Q. Weiss Ratings began coverage on Qnity Electronics in a report on Thursday, January 22nd. They issued a “hold (c-)” rating on the stock. Mizuho set a $120.00 price target on Qnity Electronics in a research report on Monday, February 23rd. Royal Bank Of Canada lifted their price target on Qnity Electronics from $118.00 to $133.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Zacks Research upgraded Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Finally, KeyCorp increased their price objective on Qnity Electronics from $117.00 to $147.00 and gave the company an “overweight” rating in a research note on Friday, February 27th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, Qnity Electronics has a consensus rating of “Buy” and an average price target of $120.86.

Qnity Electronics Price Performance

Q opened at $111.81 on Monday. Qnity Electronics, Inc. has a one year low of $70.50 and a one year high of $140.60. 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’s 50 day simple moving average is $109.38. The company has a market cap of $23.44 billion and a price-to-earnings ratio of 61.10.

Qnity Electronics (NYSE:Q) last issued its quarterly earnings data on Thursday, February 26th. The premier technology solutions leader reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.64 by $0.18. The business had revenue of $1.19 billion during the quarter, compared to the consensus estimate of $1.15 billion. The company’s quarterly revenue was up 8.1% on a year-over-year basis. 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.