Oregon Public Employees Retirement Fund Invests $1.76 Million in Solstice Advanced Mat $SOLS

Oregon Public Employees Retirement Fund acquired a new stake in Solstice Advanced Mat (NASDAQ:SOLS) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 36,300 shares of the company’s stock, valued at approximately $1,763,000.

A number of other large investors have also recently added to or reduced their stakes in SOLS. Vanguard Group Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at about $893,275,000. UBS Group AG acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at about $130,269,000. Principal Financial Group Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at about $36,682,000. Teacher Retirement System of Texas acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at about $22,277,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at about $20,987,000.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Zacks Research raised shares of Solstice Advanced Mat to a “hold” rating in a research note on Friday, January 23rd. Royal Bank Of Canada raised shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, January 20th. UBS Group increased their price objective on shares of Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a research note on Friday, February 13th. Finally, Weiss Ratings raised shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, February 23rd. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $73.60.

Solstice Advanced Mat Price Performance

Solstice Advanced Mat stock opened at $85.11 on Friday. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80. The firm has a market cap of $13.52 billion and a PE ratio of 95.63. The business’s 50-day moving average price is $78.31. 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 released its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.03. The firm had revenue of $991.00 million for 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. As a group, analysts forecast that Solstice Advanced Mat will post 2.61 EPS for the current year.

Solstice Advanced Mat Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is currently 33.71%.

Solstice Advanced Mat Company 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.