9,981 Shares in Solstice Advanced Mat $SOLS Bought by Kentucky Retirement Systems

Kentucky Retirement Systems acquired a new position in shares of Solstice Advanced Mat (NASDAQ:SOLSFree Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 9,981 shares of the company’s stock, valued at approximately $485,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. acquired a new position in Solstice Advanced Mat in the fourth quarter valued at about $26,000. Hoey Investments Inc. acquired a new position in Solstice Advanced Mat in the fourth quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in Solstice Advanced Mat in the fourth quarter valued at about $27,000. JNBA Financial Advisors acquired a new position in Solstice Advanced Mat in the fourth quarter valued at about $29,000. Finally, Motco acquired a new position in Solstice Advanced Mat in the fourth quarter valued at about $30,000.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on SOLS shares. UBS Group boosted their target price on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Mizuho set a $80.00 target price on Solstice Advanced Mat in a research note on Friday, February 13th. Vertical Research cut Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 target price for the company. in a research note on Thursday, May 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Solstice Advanced Mat in a research note on Friday, May 22nd. Finally, Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Solstice Advanced Mat has an average rating of “Hold” and an average target price of $73.60.

Read Our Latest Stock Report on SOLS

Solstice Advanced Mat Stock Performance

Shares of Solstice Advanced Mat stock opened at $84.23 on Monday. The firm has a market cap of $13.38 billion and a price-to-earnings ratio of 94.64. The stock’s 50-day moving average is $80.06 and its 200-day moving average is $66.63. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $90.80. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.43 and a quick ratio of 1.02.

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The firm had revenue of $991.00 million during 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 analysts predict that Solstice Advanced Mat will post 2.61 earnings per share for the current fiscal year.

Solstice Advanced Mat Announces Dividend

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

About Solstice Advanced Mat

(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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