Nwam LLC Purchases Shares of 25,791 Solstice Advanced Mat $SOLS

Nwam LLC purchased a new stake in Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, Holdings Channel.com reports. The firm purchased 25,791 shares of the company’s stock, valued at approximately $1,253,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of SOLS. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $2,259,000. Parsons Capital Management Inc. RI acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $625,000. JFS Wealth Advisors LLC acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $121,000. Pathway Financial Advisors LLC acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $337,000. Finally, Tradewinds Capital Management LLC acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $89,000.

Solstice Advanced Mat Price Performance

Shares of NASDAQ SOLS opened at $78.25 on Monday. The stock’s 50 day simple moving average is $77.37. The firm has a market capitalization of $12.43 billion and a P/E ratio of 300.96. The company has a current ratio of 1.43, a quick ratio of 1.02 and a debt-to-equity ratio of 1.40. Solstice Advanced Mat has a twelve month low of $40.43 and a twelve month high of $84.99.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.03. The company 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. As a group, research analysts anticipate that Solstice Advanced Mat will post 2.61 EPS for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Wednesday, May 27th. Solstice Advanced Mat’s payout ratio is 115.38%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on SOLS. UBS Group lifted their target price on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research report on Friday. Mizuho set a $80.00 target price on Solstice Advanced Mat in a research report on Friday, February 13th. Weiss Ratings raised Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. 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. Finally, Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Solstice Advanced Mat has a consensus rating of “Hold” and a consensus target price of $67.20.

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.