Independent Advisor Alliance Makes New $332,000 Investment in Solstice Advanced Mat $SOLS

Independent Advisor Alliance bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLSFree Report) during the 4th quarter, Holdings Channel reports. The fund bought 6,839 shares of the company’s stock, valued at approximately $332,000.

Several other institutional investors also recently made changes to their positions in SOLS. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth $2,259,000. Parsons Capital Management Inc. RI purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth $625,000. JFS Wealth Advisors LLC purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth $121,000. Pathway Financial Advisors LLC purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth $337,000. Finally, Tradewinds Capital Management LLC purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth $89,000.

Wall Street Analyst Weigh In

SOLS has been the topic of several research analyst reports. Royal Bank Of Canada upgraded shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Wall Street Zen upgraded shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. UBS Group boosted their price objective on shares of Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. Finally, Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $73.60.

View Our Latest Report on SOLS

Solstice Advanced Mat Stock Down 3.6%

Solstice Advanced Mat stock opened at $82.07 on Tuesday. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $90.80. The company has a quick ratio of 1.02, a current ratio of 1.43 and a debt-to-equity ratio of 1.40. The stock has a 50-day simple moving average of $78.41. The stock has a market cap of $13.03 billion and a price-to-earnings ratio of 92.21.

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.60 by $0.03. The business had revenue of $991.00 million during the quarter, compared to analysts’ expectations of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. On average, research 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 announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be paid a $0.075 dividend. 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%.

Solstice Advanced Mat Profile

(Free Report)

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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Institutional Ownership by Quarter for Solstice Advanced Mat (NASDAQ:SOLS)

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