SVB Wealth LLC Invests $291,000 in Solstice Advanced Mat $SOLS

SVB Wealth LLC acquired a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,981 shares of the company’s stock, valued at approximately $291,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. DiNuzzo Private Wealth Inc. bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth about $26,000. Hoey Investments Inc. bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth about $27,000. JNBA Financial Advisors bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth about $29,000. Finally, Horizon Investments LLC bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth about $31,000.

Analyst Ratings Changes

A number of research firms have recently issued reports on SOLS. Royal Bank Of Canada raised shares of 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 objective on shares of Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research report on Friday. Mizuho set a $80.00 price target on shares of Solstice Advanced Mat in a research report on Friday, February 13th. Wall Street Zen raised shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Finally, Zacks Research raised shares of Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Solstice Advanced Mat has an average rating of “Hold” and an average price target of $67.20.

Solstice Advanced Mat Stock Performance

Shares of NASDAQ SOLS opened at $87.32 on Wednesday. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $87.41. The company has a market cap of $13.87 billion and a PE ratio of 335.85. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43. The company has a 50-day simple moving average of $77.66.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.60 by $0.03. The business 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. On average, sell-side analysts predict that Solstice Advanced Mat will post 2.61 EPS for the current year.

Solstice Advanced Mat Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders 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 annualized dividend and a dividend yield of 0.3%. Solstice Advanced Mat’s dividend payout ratio (DPR) is currently 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.