Solstice Advanced Mat (NASDAQ:SOLS) Stock Has Consensus Target Price of $78.11

Shares of Solstice Advanced Mat (NASDAQ:SOLS) have been given an average rating of “Moderate Buy” by the twelve brokerages that are currently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $78.11.

A number of research firms have recently issued reports on SOLS. Mizuho reduced their price target on shares of Solstice Advanced Mat from $70.00 to $65.00 and set a “neutral” rating on the stock in a research report on Thursday, October 1st. Wall Street Zen downgraded shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating in a research report on Saturday, August 29th. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 21st. Morgan Stanley cut shares of Solstice Advanced Mat to a “buy” rating in a report on Monday, July 13th. Finally, Vertical Research upgraded Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 target price for the company in a research note on Wednesday, July 22nd.

Solstice Advanced Mat Trading Down 0.2%

NASDAQ SOLS opened at $60.23 on Friday. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $90.80. 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 company has a market capitalization of $9.57 billion and a price-to-earnings ratio of 34.03. The company’s fifty day moving average price is $59.74 and its two-hundred day moving average price is $71.06.

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

Solstice Advanced Mat Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Thursday, August 27th were paid a dividend of $0.0750 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Thursday, August 27th. Solstice Advanced Mat’s dividend payout ratio is presently 16.95%.

Institutional Investors Weigh In On Solstice Advanced Mat

Hedge funds have recently added to or reduced their stakes in the stock. State Street Corp acquired a new stake in shares of Solstice Advanced Mat in the 2nd quarter worth about $448,557,000. Madison Avenue Partners LP acquired a new position in Solstice Advanced Mat during the 4th quarter valued at about $135,172,000. Bank of America Corp DE bought a new position in Solstice Advanced Mat in the 2nd quarter worth about $153,615,000. Castle Hook Partners LP bought a new position in Solstice Advanced Mat in the 4th quarter worth about $57,828,000. Finally, Alkeon Capital Management LLC acquired a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at approximately $54,652,000.

Solstice Advanced Mat Company Profile

Solstice Advanced Materials, Inc is a specialty materials company that develops and manufactures high-performance chemicals and engineered materials for customers in industries including healthcare, electronics, automotive, aerospace, construction, and refrigeration. The company focuses on technologies designed to support energy efficiency, product performance, and lower environmental impact.

Its product portfolio includes low-global-warming-potential refrigerants and blowing agents, fluorine-based specialty chemicals, advanced films and barrier materials, and other engineered materials used in demanding industrial and commercial applications.