Rothschild Investment LLC bought a new position in Solstice Advanced Mat (NASDAQ:SOLS – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 15,774 shares of the company’s stock, valued at approximately $766,000.
Several other hedge funds and other institutional investors have also recently made changes to their positions in SOLS. DiNuzzo Private Wealth Inc. bought a new position in shares of Solstice Advanced Mat in the fourth quarter worth approximately $26,000. Hoey Investments Inc. bought a new position in shares of Solstice Advanced Mat in the fourth quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Solstice Advanced Mat during the fourth quarter valued at approximately $27,000. JNBA Financial Advisors purchased a new stake in Solstice Advanced Mat in the fourth quarter worth approximately $29,000. Finally, Motco purchased a new stake in Solstice Advanced Mat in the fourth quarter worth approximately $30,000.
Wall Street Analysts Forecast Growth
Several equities research analysts recently issued reports on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Solstice Advanced Mat in a report on Friday, May 22nd. Wall Street Zen upgraded shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Vertical Research cut shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 target price on the stock. in a report on Thursday, May 14th. Mizuho set a $80.00 target price on shares of Solstice Advanced Mat in a report on Friday, February 13th. Finally, UBS Group raised their target price on shares of Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $73.60.
Solstice Advanced Mat Stock Down 0.4%
Shares of SOLS stock opened at $84.23 on Friday. The company has a market capitalization of $13.38 billion and a price-to-earnings ratio of 94.64. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $90.80. The company’s fifty day moving average price is $80.06 and its 200-day moving average price is $66.49. 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 (NASDAQ:SOLS – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, beating the consensus estimate of $0.60 by $0.03. The firm 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. Sell-side analysts expect that Solstice Advanced Mat will post 2.61 EPS for the current fiscal year.
Solstice Advanced Mat Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is presently 33.71%.
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.
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