Kailix Advisors LLC Acquires Shares of 186,750 Solstice Advanced Mat $SOLS

Kailix Advisors LLC acquired a new stake in Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, Holdings Channel reports. The institutional investor acquired 186,750 shares of the company’s stock, valued at approximately $9,072,000. Solstice Advanced Mat comprises about 10.1% of Kailix Advisors LLC’s holdings, making the stock its 6th largest position.

Several other hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. bought a new position in Solstice Advanced Mat in the 4th quarter valued at $893,275,000. UBS Group AG purchased a new stake in shares of Solstice Advanced Mat in the 4th quarter worth $130,269,000. Principal Financial Group Inc. bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth $36,682,000. Teacher Retirement System of Texas bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth $22,277,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth $20,987,000.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Royal Bank Of Canada raised Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. UBS Group increased their price target on Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research report on Friday. Weiss Ratings raised shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Mizuho set a $80.00 target price on shares of Solstice Advanced Mat in a research report on Friday, February 13th. Finally, Zacks Research raised shares of Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Solstice Advanced Mat has an average rating of “Hold” and an average target price of $67.20.

Solstice Advanced Mat Stock Performance

Shares of NASDAQ:SOLS opened at $78.25 on Monday. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $84.99. The firm has a fifty day moving average of $77.37. The stock has a market cap of $12.43 billion and a P/E ratio of 300.96. 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:SOLS) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 earnings per share for the quarter, beating 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. Research analysts predict that Solstice Advanced Mat will post 2.61 EPS for the current year.

Solstice Advanced Mat Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio (DPR) is presently 115.38%.

About Solstice Advanced Mat

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.