Alkeon Capital Management LLC Acquires Shares of 1,125,000 Solstice Advanced Mat $SOLS

Posted by Geri Gentry on Jun 16th, 2026

Alkeon Capital Management LLC acquired a new stake in Solstice Advanced Mat (NASDAQ:SOLS – Free Report) during the fourth quarter, HoldingsChannel reports. The firm acquired 1,125,000 shares of the company’s stock, valued at approximately $54,652,000.

Other institutional investors also recently bought and sold shares of the company. Westerkirk Capital Inc. acquired a new position in Solstice Advanced Mat in the fourth quarter valued at $25,000. DiNuzzo Private Wealth Inc. acquired a new position in Solstice Advanced Mat in the fourth quarter valued at $26,000. Heritage Wealth Advisors acquired a new position in Solstice Advanced Mat in the fourth quarter valued at $26,000. Hoey Investments Inc. acquired a new position in Solstice Advanced Mat in the fourth quarter valued at $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in Solstice Advanced Mat in the fourth quarter valued at $27,000.

Solstice Advanced Mat Trading Up 4.3%

Shares of Solstice Advanced Mat stock opened at $86.66 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 company’s 50-day simple moving average is $82.08 and its 200-day simple moving average is $69.62. The firm has a market cap of $13.76 billion and a price-to-earnings ratio of 97.37.

Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. The firm had revenue of $991.00 million for the quarter, compared to analyst estimates of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, equities research analysts anticipate that Solstice Advanced Mat will post 2.62 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th were given a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.3%. The ex-dividend date was Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio is presently 33.71%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on SOLS shares. BMO Capital Markets boosted their price target on shares of Solstice Advanced Mat from $92.00 to $101.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Wall Street Zen upgraded shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Solstice Advanced Mat in a research note on Friday, May 22nd. Royal Bank Of Canada boosted their price target on shares of Solstice Advanced Mat from $94.00 to $100.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Finally, Vertical Research lowered shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price target on the stock. in a research note on Thursday, May 14th. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $87.38.

Get Our Latest Report on SOLS

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.