18,176 Shares in Solstice Advanced Mat $SOLS Purchased by HighPoint Advisor Group LLC

HighPoint Advisor Group LLC acquired a new position in Solstice Advanced Mat (NASDAQ:SOLS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 18,176 shares of the company’s stock, valued at approximately $883,000.

Several other large investors also recently added to or reduced their stakes in SOLS. Wesbanco Bank Inc. purchased a new position in Solstice Advanced Mat during the 4th quarter valued at about $649,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Solstice Advanced Mat during the 4th quarter valued at about $4,796,000. Nwam LLC purchased a new position in Solstice Advanced Mat during the 4th quarter valued at about $1,253,000. Davidson Investment Advisors purchased a new position in Solstice Advanced Mat during the 4th quarter valued at about $5,485,000. Finally, Fifth Third Bancorp purchased a new position in Solstice Advanced Mat during the 4th quarter valued at about $4,424,000.

Analysts Set New Price Targets

A number of research firms have weighed in on SOLS. Zacks Research raised Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings raised Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Royal Bank Of Canada upgraded Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Finally, Mizuho set a $80.00 price target on Solstice Advanced Mat in a research report on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Solstice Advanced Mat currently has a consensus rating of “Hold” and a consensus price target of $67.20.

Solstice Advanced Mat Trading Up 1.4%

Shares of SOLS opened at $88.57 on Thursday. The company has a market cap of $14.06 billion and a P/E ratio of 340.65. The company has a current ratio of 1.43, a quick ratio of 1.02 and a debt-to-equity ratio of 1.40. The firm’s 50-day simple moving average is $77.85. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The business had revenue of $991.00 million for the quarter, compared to the consensus estimate of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, analysts predict that Solstice Advanced Mat will post 2.61 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be given a $0.075 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.3%. Solstice Advanced Mat’s payout ratio is presently 115.38%.

Solstice Advanced Mat Profile

Solstice Advanced Materials is a leading global specialty materials company that advances science for smarter outcomes. Solstice offers high-performance solutions that enable critical industries and applications, including refrigerants, semiconductor manufacturing, data center cooling, nuclear power, protective fibers, healthcare packaging and more.