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

Blue Trust Inc. purchased a new stake in Qnity Electronics, Inc. (NYSE:Q) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 5,475 shares of the premier technology solutions leader’s stock, valued at approximately $447,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in Q. Allspring Global Investments Holdings LLC bought a new position in shares of Qnity Electronics in the 4th quarter valued at about $44,200,000. SG Americas Securities LLC bought a new stake in Qnity Electronics during the fourth quarter worth about $19,068,000. Fort Washington Investment Advisors Inc. OH bought a new stake in Qnity Electronics during the fourth quarter worth about $18,744,000. Wealth Enhancement Advisory Services LLC acquired a new position in Qnity Electronics during the fourth quarter valued at approximately $5,403,000. Finally, Czech National Bank acquired a new position in Qnity Electronics during the fourth quarter valued at approximately $4,509,000.

Analyst Ratings Changes

Several research analysts have weighed in on Q shares. Zacks Research raised Qnity Electronics from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 2nd. Royal Bank Of Canada increased their price objective on Qnity Electronics from $118.00 to $133.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Weiss Ratings started coverage on shares of Qnity Electronics in a research note on Thursday, January 22nd. They issued a “hold (c-)” rating for the company. Mizuho set a $120.00 target price on shares of Qnity Electronics in a report on Monday, February 23rd. 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 research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Qnity Electronics presently has an average rating of “Buy” and an average price target of $120.86.

Qnity Electronics Stock Down 0.0%

Q opened at $116.48 on Monday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.46 and a current ratio of 1.95. Qnity Electronics, Inc. has a 12-month low of $70.50 and a 12-month high of $140.60. The company has a 50 day simple moving average of $111.05. The firm has a market capitalization of $24.42 billion and a PE ratio of 63.65.

Qnity Electronics (NYSE:Q) last posted its earnings results 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 for the quarter, compared to analyst estimates of $1.15 billion. Qnity Electronics’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.

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.