Delta Asset Management LLC TN purchased a new position in Solstice Advanced Mat (NASDAQ:SOLS – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 49,369 shares of the company’s stock, valued at approximately $4,374,000.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Solstice Advanced Mat in the 4th quarter valued at about $1,815,000. Concurrent Investment Advisors LLC purchased a new position in shares of Solstice Advanced Mat during the fourth quarter worth approximately $479,000. Vanguard Group Inc. purchased a new position in shares of Solstice Advanced Mat during the fourth quarter worth approximately $893,275,000. Sanctuary Advisors LLC bought a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at approximately $676,000. Finally, UBS Group AG bought a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at approximately $130,269,000.
Analyst Ratings Changes
A number of analysts recently issued reports on the company. UBS Group boosted their price target on Solstice Advanced Mat from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, July 31st. Truist Financial set a $75.00 price objective on Solstice Advanced Mat and gave the stock a “buy” rating in a report on Thursday, July 9th. Morgan Stanley lowered Solstice Advanced Mat to a “buy” rating in a research report on Monday, July 13th. Zacks Research upgraded Solstice Advanced Mat from a “hold” rating to a “strong-buy” rating in a report on Monday, August 3rd. Finally, BMO Capital Markets dropped their price target on Solstice Advanced Mat from $101.00 to $90.00 and set an “outperform” rating on the stock in a research report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $78.25.
Solstice Advanced Mat Price Performance
Shares of SOLS stock opened at $63.53 on Friday. The stock’s 50-day moving average is $64.99 and its 200 day moving average is $74.31. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $90.80. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.46 and a quick ratio of 1.08. The company has a market cap of $10.09 billion and a P/E ratio of 35.89.
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.09. The business had revenue of $1.15 billion during the quarter. Solstice Advanced Mat had a net margin of 5.13% and a return on equity of 14.28%. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Research analysts predict that Solstice Advanced Mat will post 2.87 earnings per share for the current fiscal year.
Solstice Advanced Mat Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 27th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, August 27th. Solstice Advanced Mat’s payout ratio is 16.95%.
Solstice Advanced Mat News Roundup
Here are the key news stories impacting Solstice Advanced Mat this week:
- Positive Sentiment: Merger termination removes deal-related concerns. Solstice and Element Solutions mutually agreed to end their cash-and-stock merger after shareholder feedback. The decision eliminates a large, complex transaction and signals that management and the boards believe Solstice is better positioned as a standalone company. Neither side will pay a termination fee. Solstice Announces Mutual Termination of Merger Agreement
- Positive Sentiment: $500 million share-repurchase authorization supports the stock. Solstice’s board approved the company’s first buyback program, giving management a way to return cash to investors and potentially reduce the share count. The authorization also addresses concerns that the Element transaction could have diluted shareholder value. Solstice Launches Share Buyback
- Positive Sentiment: 2026 outlook was reaffirmed. Management maintained its third-quarter and full-year 2026 guidance, reducing fears that ending the merger reflects weakening operating conditions. The company’s latest reported quarter also exceeded earnings expectations, with earnings per share of $0.88 versus a $0.79 consensus estimate.
- Neutral Sentiment: Analyst targets remain above the current trading level. Recent targets for SOLS have a median of $95, although targets are estimates rather than guarantees and may not reflect the newly standalone strategy. Analyst Price Targets for Solstice
- Negative Sentiment: Heavy put-option activity is a risk signal. Investors traded 16,453 put options, roughly 283% above average daily volume, suggesting some traders are positioning for downside or hedging after the sharp move. This activity does not necessarily indicate a fundamental deterioration.
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.
Featured Stories
- Five stocks we like better than Solstice Advanced Mat
- From SaaS-pocalypse to Perfect Storm: Workday’s AI Growth Story Strengthens
- These 3 GARP Stocks Show Why Growth and Value Do Not Have to Clash
- Venture Into High-Volatility Corners of the Market With These 3 ETFs
- 3 Retail Stocks to Watch After a Big Consumer Earnings Week
Want to see what other hedge funds are holding SOLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Solstice Advanced Mat (NASDAQ:SOLS – Free Report).
Receive News & Ratings for Solstice Advanced Mat Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solstice Advanced Mat and related companies with MarketBeat.com's FREE daily email newsletter.
