Solstice Advanced Mat (SOLS) to Issue Quarterly Dividend of $0.08 on June 10th

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) announced a quarterly dividend on Friday, April 24th. Stockholders of record on Wednesday, May 27th will be given a dividend of 0.075 per share on Wednesday, June 10th. This represents a c) annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, May 27th.

Solstice Advanced Mat Price Performance

SOLS opened at $81.76 on Monday. The firm’s 50-day simple moving average is $79.00 and its 200-day simple moving average is $65.29. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43. Solstice Advanced Mat has a twelve month low of $40.43 and a twelve month high of $90.80. The firm has a market cap of $12.98 billion and a price-to-earnings ratio of 91.87.

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. The company 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. Equities research analysts anticipate that Solstice Advanced Mat will post 2.61 EPS for the current fiscal year.

Hedge Funds Weigh In On Solstice Advanced Mat

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Folger Nolan Fleming Douglas Capital Management Inc. lifted its holdings in Solstice Advanced Mat by 3.3% during the 1st quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 4,509 shares of the company’s stock valued at $343,000 after purchasing an additional 146 shares during the last quarter. Global Trust Asset Management LLC acquired a new stake in Solstice Advanced Mat during the 1st quarter valued at $26,000. Princeton Global Asset Management LLC acquired a new stake in Solstice Advanced Mat during the 1st quarter valued at $27,000. Westfuller Advisors LLC acquired a new stake in Solstice Advanced Mat during the 1st quarter valued at $36,000. Finally, Darwin Wealth Management LLC acquired a new stake in Solstice Advanced Mat during the 1st quarter valued at $37,000.

About Solstice Advanced Mat

(Get 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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