Heritage Investors Management Corp Makes New $710,000 Investment in Solstice Advanced Mat $SOLS

Heritage Investors Management Corp purchased 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 purchased 14,616 shares of the company’s stock, valued at approximately $710,000.

Several other large investors have also made changes to their positions in SOLS. Ferguson Wellman Capital Management Inc. purchased a new position in shares of Solstice Advanced Mat in the 4th quarter worth $2,259,000. Parsons Capital Management Inc. RI purchased a new position in shares of Solstice Advanced Mat in the 4th quarter worth $625,000. JFS Wealth Advisors LLC purchased a new position in shares of Solstice Advanced Mat in the 4th quarter worth $121,000. Pathway Financial Advisors LLC purchased a new position in shares of Solstice Advanced Mat in the 4th quarter worth $337,000. Finally, Tradewinds Capital Management LLC purchased a new position in shares of Solstice Advanced Mat in the 4th quarter worth $89,000.

Solstice Advanced Mat Stock Up 3.0%

Shares of Solstice Advanced Mat stock opened at $81.76 on Friday. The business has a 50-day moving average of $79.00 and a 200-day moving average of $65.14. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.43 and a quick ratio of 1.02. The company has a market capitalization of $12.98 billion and a PE ratio of 91.87. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its 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 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, equities analysts forecast that Solstice Advanced Mat will post 2.61 EPS for the current fiscal 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 paid a dividend of $0.075 per share. The ex-dividend date is Wednesday, May 27th. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio (DPR) is currently 33.71%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Weiss Ratings raised Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Zacks Research raised Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. UBS Group increased their target price on Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, Mizuho set a $80.00 target price on Solstice Advanced Mat in a research report on Friday, February 13th. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $73.60.

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.