5,981 Shares in Solstice Advanced Mat $SOLS Bought by SVB Wealth LLC

SVB Wealth LLC acquired a new stake in Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, Holdings Channel.com reports. The institutional investor acquired 5,981 shares of the company’s stock, valued at approximately $291,000.

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. UBS Group raised their price target on shares of Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research note on Friday. 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. Royal Bank Of Canada upgraded shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, January 20th. Finally, Mizuho set a $80.00 price target on shares of Solstice Advanced Mat in a research note on Friday, February 13th. Three 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.com, the company currently has a consensus rating of “Hold” and an average price target of $67.20.

Solstice Advanced Mat Stock Up 2.2%

Shares of SOLS stock opened at $87.32 on Wednesday. The business’s 50 day moving average is $77.66. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $87.41. The stock has a market cap of $13.87 billion and a price-to-earnings ratio of 335.85.

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, topping the consensus estimate of $0.60 by $0.03. The company had revenue of $991.00 million for the quarter, compared to analysts’ expectations of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, equities analysts expect that Solstice Advanced Mat will post 2.61 EPS for the current year.

Solstice Advanced Mat Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.30 annualized dividend and a yield of 0.3%. Solstice Advanced Mat’s dividend payout ratio (DPR) is 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.