Coppell Advisory Solutions LLC acquired a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 11,102 shares of the company’s stock, valued at approximately $984,000.
Other large investors have also recently bought and sold shares of the company. Westerkirk Capital Inc. bought a new position in shares of Solstice Advanced Mat during the fourth quarter worth $25,000. Global Trust Asset Management LLC bought a new stake in shares of Solstice Advanced Mat in the 1st quarter valued at $26,000. Heritage Wealth Advisors bought a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at $26,000. Princeton Global Asset Management LLC acquired a new stake in Solstice Advanced Mat during the 1st quarter worth $27,000. Finally, Manning & Napier Advisors LLC acquired a new stake in Solstice Advanced Mat during the 2nd quarter worth $27,000.
Analyst Upgrades and Downgrades
Several research firms have weighed in on SOLS. Mizuho reduced their target price on Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating on the stock in a report on Wednesday, July 15th. BMO Capital Markets lowered their price target on Solstice Advanced Mat from $101.00 to $90.00 and set an “outperform” rating for the company in a report on Thursday, July 16th. Zacks Research raised Solstice Advanced Mat from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Wall Street Zen cut Solstice Advanced Mat from a “buy” rating to a “hold” rating in a report on Saturday, August 29th. Finally, UBS Group lifted their price objective on Solstice Advanced Mat from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $78.25.
Solstice Advanced Mat Price Performance
Shares of NASDAQ SOLS opened at $60.99 on Thursday. The company has a fifty day moving average price of $63.55 and a 200 day moving average price of $74.16. The firm has a market cap of $9.69 billion and a PE ratio of 34.46. The company has a current ratio of 1.46, a quick ratio of 1.08 and a debt-to-equity ratio of 1.30. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $90.80.
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.09. The firm had revenue of $1.15 billion for the quarter. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%.Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Research analysts predict that Solstice Advanced Mat will post 2.88 earnings per share for the current fiscal year.
Solstice Advanced Mat Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 27th will be given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is currently 16.95%.
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.
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