Solstice Advanced Mat (NASDAQ:SOLS) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Solstice Advanced Mat (NASDAQ:SOLS) from a sell rating to a hold rating in a report released on Saturday morning.

Several other analysts also recently issued reports on the company. Weiss Ratings upgraded Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, February 23rd. Alembic Global Advisors initiated coverage on Solstice Advanced Mat in a report on Monday, December 1st. They set an “overweight” rating and a $60.00 target price for the company. Royal Bank Of Canada raised shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a research note on Friday, February 13th. Finally, Vertical Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Wednesday, January 7th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Solstice Advanced Mat currently has a consensus rating of “Moderate Buy” and a consensus target price of $67.00.

Solstice Advanced Mat Stock Performance

NASDAQ SOLS opened at $78.88 on Friday. The firm has a market cap of $12.52 billion and a PE ratio of 303.38. The company has a current ratio of 1.39, a quick ratio of 0.98 and a debt-to-equity ratio of 1.50. The business’s 50-day moving average is $63.31. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $84.44.

Solstice Advanced Mat (NASDAQ:SOLS) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.14). The business had revenue of $987.00 million for the quarter, compared to analysts’ expectations of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

Solstice Advanced Mat Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th will be given a $0.075 dividend. The ex-dividend date is Tuesday, February 24th. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. Solstice Advanced Mat’s payout ratio is presently 115.38%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Westerkirk Capital Inc. acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at $25,000. DiNuzzo Private Wealth Inc. acquired a new stake in Solstice Advanced Mat in the fourth quarter valued at about $26,000. Heritage Wealth Advisors acquired a new stake in Solstice Advanced Mat in the fourth quarter valued at about $26,000. Hoey Investments Inc. bought a new position in Solstice Advanced Mat in the fourth quarter valued at about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Solstice Advanced Mat during the fourth quarter worth about $27,000.

Solstice Advanced Mat Company 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.