New Mexico Educational Retirement Board Buys New Holdings in Solstice Advanced Mat $SOLS

New Mexico Educational Retirement Board purchased a new position in Solstice Advanced Mat (NASDAQ:SOLS) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 33,900 shares of the company’s stock, valued at approximately $3,004,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Westerkirk Capital Inc. purchased a new position in Solstice Advanced Mat during the 4th quarter worth approximately $25,000. Global Trust Asset Management LLC purchased a new stake in shares of Solstice Advanced Mat in the 1st quarter valued at $26,000. Heritage Wealth Advisors acquired a new stake in shares of Solstice Advanced Mat in the fourth quarter worth $26,000. Princeton Global Asset Management LLC acquired a new stake in shares of Solstice Advanced Mat in the first quarter worth $27,000. Finally, Manning & Napier Advisors LLC purchased a new position in shares of Solstice Advanced Mat during the second quarter worth $27,000.

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 Price Performance

Shares of NASDAQ SOLS opened at $63.53 on Friday. 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 stock has a market capitalization of $10.09 billion and a price-to-earnings ratio of 35.89. The firm’s 50 day simple moving average is $64.99 and its 200-day simple moving average is $74.31. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its earnings results on Thursday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.09. Solstice Advanced Mat had a net margin of 5.13% and a return on equity of 14.28%. The firm had revenue of $1.15 billion during the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Analysts expect that Solstice Advanced Mat will post 2.87 EPS for the current year.

Solstice Advanced Mat Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 27th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. Solstice Advanced Mat’s payout ratio is presently 16.95%.

Analyst Upgrades and Downgrades

SOLS has been the subject of a number of research reports. Morgan Stanley downgraded shares of Solstice Advanced Mat to a “buy” rating in a research report on Monday, July 13th. Royal Bank Of Canada cut their price target on Solstice Advanced Mat from $102.00 to $82.00 and set an “outperform” rating on the stock in a research report on Friday, July 31st. Truist Financial set a $75.00 price objective on Solstice Advanced Mat and gave the company a “buy” rating in a research note on Thursday, July 9th. UBS Group boosted their price objective on Solstice Advanced Mat from $78.00 to $80.00 and gave the company a “buy” rating in a report on Friday, July 31st. Finally, TD Cowen initiated coverage on Solstice Advanced Mat in a research note on Monday, June 8th. They issued a “hold” rating and a $90.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $78.25.

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.