67,737 Shares in Solstice Advanced Mat $SOLS Purchased by Versor Investments LP

Versor Investments LP purchased a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 67,737 shares of the company’s stock, valued at approximately $3,291,000. Solstice Advanced Mat accounts for approximately 0.5% of Versor Investments LP’s investment portfolio, making the stock its 29th largest holding.

Other large investors have also recently made changes to their positions in the company. DiNuzzo Private Wealth Inc. purchased a new stake in Solstice Advanced Mat in the 4th quarter valued at about $26,000. Hoey Investments Inc. purchased a new stake in Solstice Advanced Mat in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Solstice Advanced Mat in the 4th quarter valued at about $27,000. JNBA Financial Advisors purchased a new stake in shares of Solstice Advanced Mat in the 4th quarter worth approximately $29,000. Finally, Horizon Investments LLC purchased a new stake in shares of Solstice Advanced Mat in the 4th quarter worth approximately $31,000.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Mizuho set a $80.00 price target on shares of Solstice Advanced Mat in a research report on Friday, February 13th. Zacks Research raised shares of Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. UBS Group upped their price target on shares of Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research report on Friday. Wall Street Zen upgraded shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Finally, Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, February 23rd. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $67.20.

Solstice Advanced Mat Trading Up 9.2%

Shares of Solstice Advanced Mat stock opened at $85.42 on Tuesday. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.43 and a quick ratio of 1.02. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $86.79. The firm has a market cap of $13.56 billion and a price-to-earnings ratio of 328.54. The company’s 50 day moving average is $77.48.

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 company had revenue of $991.00 million for the quarter, compared to analyst estimates of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. On average, sell-side analysts predict that Solstice Advanced Mat will post 2.61 EPS for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be paid a $0.075 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio is presently 115.38%.

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.