9,377 Shares in Solstice Advanced Mat $SOLS Bought by Parallel Advisors LLC

Parallel Advisors LLC bought a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,377 shares of the company’s stock, valued at approximately $456,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. DiNuzzo Private Wealth Inc. acquired a new stake in Solstice Advanced Mat in the fourth quarter worth about $26,000. Hoey Investments Inc. acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at about $27,000. JNBA Financial Advisors purchased a new position in shares of Solstice Advanced Mat in the 4th quarter valued at approximately $29,000. Finally, Motco purchased a new position in shares of Solstice Advanced Mat in the 4th quarter valued at approximately $30,000.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. UBS Group boosted their target price on shares of Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. TD Cowen started coverage on shares of Solstice Advanced Mat in a report on Monday. They issued a “hold” rating and a $90.00 price target for the company. Vertical Research downgraded shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price objective for the company. in a research note on Thursday, May 14th. Royal Bank Of Canada upped their target price on Solstice Advanced Mat from $94.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday, June 5th. Finally, Mizuho set a $80.00 target price on Solstice Advanced Mat in a research note on Friday, February 13th. Three analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $87.38.

Solstice Advanced Mat Price Performance

Shares of NASDAQ SOLS opened at $77.69 on Thursday. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $90.80. The business’s 50 day moving average price is $81.66 and its 200 day moving average price is $68.81. 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 firm has a market cap of $12.34 billion and a P/E ratio of 87.29.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 EPS 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. On average, sell-side analysts expect that Solstice Advanced Mat will post 2.62 earnings per share for the current year.

Solstice Advanced Mat Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th were given a dividend of $0.075 per share. The ex-dividend date was Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. Solstice Advanced Mat’s payout ratio is currently 33.71%.

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.