Rothschild Investment LLC bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 15,774 shares of the company’s stock, valued at approximately $766,000.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. purchased a new position in shares of Solstice Advanced Mat during the 4th quarter worth approximately $199,000. Savant Capital LLC purchased a new position in shares of Solstice Advanced Mat during the 4th quarter worth approximately $261,000. Moors & Cabot Inc. purchased a new position in shares of Solstice Advanced Mat during the 4th quarter worth approximately $602,000. MTM Investment Management LLC purchased a new position in shares of Solstice Advanced Mat during the 4th quarter worth approximately $101,000. Finally, Geode Capital Management LLC purchased a new position in shares of Solstice Advanced Mat during the 4th quarter worth approximately $110,395,000.
Wall Street Analysts Forecast Growth
SOLS has been the topic of a number of recent research reports. Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a report on Friday, February 13th. Vertical Research cut Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price target on the stock. in a research report on Thursday, May 14th. Weiss Ratings reissued a “hold (c)” rating on shares of Solstice Advanced Mat in a research report on Friday, May 22nd. UBS Group boosted their price target on Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Finally, Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $73.60.
Solstice Advanced Mat Stock Performance
Shares of SOLS opened at $84.23 on Friday. The company has a quick ratio of 1.02, a current ratio of 1.43 and a debt-to-equity ratio of 1.40. The business’s 50 day moving average price is $80.06 and its 200-day moving average price is $66.49. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $90.80. The stock has a market cap of $13.38 billion and a P/E ratio of 94.64.
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last issued its 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 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. Equities research analysts anticipate that Solstice Advanced Mat will post 2.61 earnings per share for the current fiscal year.
Solstice Advanced Mat Announces Dividend
The company 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 $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 dividend payout ratio is currently 33.71%.
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.
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