WINTON GROUP Ltd Buys Shares of 531,935 Solstice Advanced Mat $SOLS

WINTON GROUP Ltd bought a new stake in Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 531,935 shares of the company’s stock, valued at approximately $25,841,000. Solstice Advanced Mat comprises 0.9% of WINTON GROUP Ltd’s investment portfolio, making the stock its 7th biggest position. WINTON GROUP Ltd owned 0.34% of Solstice Advanced Mat at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Wesbanco Bank Inc. bought a new position in Solstice Advanced Mat in the fourth quarter worth about $649,000. Mirae Asset Global Investments Co. Ltd. bought a new position in Solstice Advanced Mat in the fourth quarter worth about $4,796,000. Nwam LLC bought a new position in Solstice Advanced Mat in the fourth quarter worth about $1,253,000. Fifth Third Bancorp bought a new position in Solstice Advanced Mat in the fourth quarter worth about $4,424,000. Finally, Olstein Capital Management L.P. bought a new position in Solstice Advanced Mat in the fourth quarter worth about $2,803,000.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on SOLS shares. Mizuho set a $80.00 price target on Solstice Advanced Mat in a report on Friday, February 13th. Royal Bank Of Canada lifted their price target on Solstice Advanced Mat from $94.00 to $100.00 and gave the company an “outperform” rating in a report on Friday. UBS Group lifted their price target on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Vertical Research cut Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price target on the stock. in a report on Thursday, May 14th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Solstice Advanced Mat in a report on Friday, May 22nd. Three equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $86.50.

Solstice Advanced Mat Stock Performance

SOLS opened at $81.02 on Friday. The business’s 50 day moving average is $81.33 and its 200-day moving average is $67.85. The stock has a market cap of $12.87 billion and a PE ratio of 91.03. The company has a current ratio of 1.43, a quick ratio of 1.02 and a debt-to-equity ratio of 1.40. Solstice Advanced Mat has a twelve month low of $40.43 and a twelve month high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The business 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. On average, analysts predict that Solstice Advanced Mat will post 2.61 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be issued a dividend of $0.075 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.30 annualized dividend and a yield of 0.4%. Solstice Advanced Mat’s payout ratio is presently 33.71%.

About Solstice Advanced Mat

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.