20,530 Shares in Solstice Advanced Mat $SOLS Bought by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. purchased a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,530 shares of the company’s stock, valued at approximately $997,000.

Other hedge funds have also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. purchased a new stake in Solstice Advanced Mat during the fourth quarter worth $26,000. Hoey Investments Inc. purchased a new stake in Solstice Advanced Mat during the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Solstice Advanced Mat during the fourth quarter worth $27,000. JNBA Financial Advisors purchased a new stake in Solstice Advanced Mat during the fourth quarter worth $29,000. Finally, Horizon Investments LLC purchased a new position in Solstice Advanced Mat during the fourth quarter valued at $31,000.

Analyst Ratings Changes

Several equities analysts have issued reports on SOLS shares. Royal Bank Of Canada raised shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a report on Tuesday, January 20th. Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a report on Friday, February 13th. Wall Street Zen raised shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. UBS Group increased their price objective on shares of Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a report on Friday. Finally, Weiss Ratings raised shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $67.20.

Solstice Advanced Mat Stock Up 2.2%

SOLS opened at $87.32 on Wednesday. The company has a current ratio of 1.43, a quick ratio of 1.02 and a debt-to-equity ratio of 1.40. The stock has a market capitalization of $13.87 billion and a P/E ratio of 335.85. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $87.41. The firm’s fifty day moving average is $77.66.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its earnings results on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The business had revenue of $991.00 million during the quarter, compared to analyst estimates of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. On average, research analysts forecast that Solstice Advanced Mat will post 2.61 EPS for the current year.

Solstice Advanced Mat Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio is 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.