Sheets Smith Wealth Management Invests $1.97 Million in Solstice Advanced Mat $SOLS

Sheets Smith Wealth Management purchased a new stake in Solstice Advanced Mat (NASDAQ:SOLS) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 22,199 shares of the company’s stock, valued at approximately $1,967,000.

Several other institutional investors have also made changes to their positions in the stock. Westerkirk Capital Inc. bought a new position in Solstice Advanced Mat during the 4th quarter worth $25,000. Global Trust Asset Management LLC bought a new stake in shares of Solstice Advanced Mat during the 1st quarter valued at $26,000. Heritage Wealth Advisors acquired a new stake in shares of Solstice Advanced Mat during the 4th quarter worth $26,000. Princeton Global Asset Management LLC bought a new position in shares of Solstice Advanced Mat in the first quarter worth $27,000. Finally, Manning & Napier Advisors LLC bought a new position in shares of Solstice Advanced Mat in the second quarter worth $27,000.

Solstice Advanced Mat Price Performance

Shares of NASDAQ:SOLS opened at $63.53 on Friday. The company has a market cap of $10.09 billion and a price-to-earnings ratio of 35.89. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.46 and a quick ratio of 1.08. The firm has a 50 day simple moving average of $64.99 and a 200 day simple moving average of $74.31. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its earnings results on Thursday, July 30th. The company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.09. The firm had revenue of $1.15 billion for the quarter. Solstice Advanced Mat had a net margin of 5.13% and a return on equity of 14.28%. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Research analysts predict that Solstice Advanced Mat will post 2.87 earnings per share for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 27th will be given a dividend of $0.075 per share. The ex-dividend date is Thursday, August 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. Solstice Advanced Mat’s payout ratio is currently 16.95%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on SOLS shares. Zacks Research raised shares of Solstice Advanced Mat from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Vertical Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 target price for the company in a research report on Wednesday, July 22nd. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. Wall Street Zen cut shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Mizuho lowered their price objective on shares of Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating for the company in a research report on Wednesday, July 15th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Solstice Advanced Mat has an average rating of “Moderate Buy” and an average price target of $78.25.

Solstice Advanced Mat News Roundup

Here are the key news stories impacting Solstice Advanced Mat this week:

• Positive Sentiment: Merger termination removes deal-related concerns. Solstice and Element Solutions mutually agreed to end their cash-and-stock merger after shareholder feedback. The decision eliminates a large, complex transaction and signals that management and the boards believe Solstice is better positioned as a standalone company. Neither side will pay a termination fee. Solstice Announces Mutual Termination of Merger Agreement
• Positive Sentiment: $500 million share-repurchase authorization supports the stock. Solstice’s board approved the company’s first buyback program, giving management a way to return cash to investors and potentially reduce the share count. The authorization also addresses concerns that the Element transaction could have diluted shareholder value. Solstice Launches Share Buyback
• Positive Sentiment: 2026 outlook was reaffirmed. Management maintained its third-quarter and full-year 2026 guidance, reducing fears that ending the merger reflects weakening operating conditions. The company’s latest reported quarter also exceeded earnings expectations, with earnings per share of $0.88 versus a $0.79 consensus estimate.
• Neutral Sentiment: Analyst targets remain above the current trading level. Recent targets for SOLS have a median of $95, although targets are estimates rather than guarantees and may not reflect the newly standalone strategy. Analyst Price Targets for Solstice
• Negative Sentiment: Heavy put-option activity is a risk signal. Investors traded 16,453 put options, roughly 283% above average daily volume, suggesting some traders are positioning for downside or hedging after the sharp move. This activity does not necessarily indicate a fundamental deterioration.

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.