7,314 Shares in Solstice Advanced Mat $SOLS Acquired by Coldstream Capital Management Inc.

Coldstream Capital Management Inc. purchased a new position in Solstice Advanced Mat (NASDAQ:SOLS) during the fourth quarter, HoldingsChannel reports. The fund purchased 7,314 shares of the company’s stock, valued at approximately $355,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. acquired a new stake in Solstice Advanced Mat during the 4th quarter valued at $893,275,000. UBS Group AG acquired a new stake in Solstice Advanced Mat during the 4th quarter valued at $130,269,000. Thrivent Financial for Lutherans acquired a new stake in Solstice Advanced Mat during the 4th quarter valued at $53,548,000. Principal Financial Group Inc. acquired a new stake in Solstice Advanced Mat during the 4th quarter valued at $36,682,000. Finally, Teacher Retirement System of Texas acquired a new stake in Solstice Advanced Mat during the 4th quarter valued at $22,277,000.

Solstice Advanced Mat Trading Down 0.4%

Shares of SOLS opened at $84.23 on Friday. 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 firm has a market capitalization of $13.38 billion and a P/E ratio of 94.64. The stock’s fifty day simple moving average is $80.06 and its 200 day simple moving average is $66.49. Solstice Advanced Mat has a twelve month low of $40.43 and a twelve month high of $90.80.

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

Solstice Advanced Mat Dividend Announcement

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

Analyst Ratings Changes

SOLS has been the topic of a number of analyst reports. UBS Group increased their target price on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Wall Street Zen upgraded Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Mizuho set a $80.00 target price on Solstice Advanced Mat in a report on Friday, February 13th. Weiss Ratings reiterated a “hold (c)” rating on shares of Solstice Advanced Mat in a report on Friday, May 22nd. Finally, Vertical Research cut Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 target price on the stock. in a report on Thursday, May 14th. Two investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price 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.