Cohen Klingenstein LLC Makes New $587,000 Investment in Qnity Electronics, Inc. $Q

Cohen Klingenstein LLC acquired a new stake in Qnity Electronics, Inc. (NYSE:Q) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,189 shares of the premier technology solutions leader’s stock, valued at approximately $587,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Qnity Electronics in the fourth quarter worth about $25,000. Armstrong Advisory Group Inc. purchased a new stake in Qnity Electronics during the 4th quarter worth approximately $26,000. Stephens Consulting LLC purchased a new stake in Qnity Electronics during the 4th quarter worth approximately $30,000. Piscataqua Savings Bank acquired a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $36,000. Finally, CVA Family Office LLC acquired a new position in shares of Qnity Electronics in the 4th quarter valued at approximately $38,000.

Qnity Electronics Stock Performance

Shares of NYSE:Q opened at $116.48 on Friday. The firm has a market capitalization of $24.42 billion and a PE ratio of 63.65. Qnity Electronics, Inc. has a 1-year low of $70.50 and a 1-year high of $140.60. The business’s fifty day simple moving average is $111.05. The company has a quick ratio of 1.46, a current ratio of 1.95 and a debt-to-equity ratio of 0.54.

Qnity Electronics (NYSE:Q) last posted its quarterly earnings results on Thursday, February 26th. The premier technology solutions leader reported $0.82 EPS for the quarter, beating the consensus estimate of $0.64 by $0.18. The business had revenue of $1.19 billion during the quarter, compared to analyst estimates of $1.15 billion. The firm’s 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.

Wall Street Analysts Forecast Growth

Q has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $126.00 price target on shares of Qnity Electronics in a research report on Friday, February 20th. Mizuho set a $120.00 price objective on shares of Qnity Electronics in a research note on Monday, February 23rd. KeyCorp raised their price objective on shares of Qnity Electronics from $117.00 to $147.00 and gave the stock an “overweight” rating in a report on Friday, February 27th. Zacks Research upgraded shares of Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research note on Monday, March 2nd. Finally, Oppenheimer assumed coverage on shares of Qnity Electronics in a research report on Tuesday, December 16th. They set an “outperform” rating and a $100.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $120.86.

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.