Solstice Advanced Mat (NASDAQ:SOLS) Posts Earnings Results, Beats Expectations By $0.11 EPS

Solstice Advanced Mat (NASDAQ:SOLS) issued its quarterly earnings data on Wednesday. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.11, FiscalAI reports. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%. The company had revenue of $1.05 billion during the quarter.

Here are the key takeaways from Solstice Advanced Mat’s conference call:

• Third-quarter sales rose 8% to about $1.05 billion, while adjusted EBITDA increased 13% to $265 million and margin expanded to 25.3%. Solstice raised full-year 2026 guidance for a second consecutive quarter, now forecasting adjusted EBITDA of $1.05 billion–$1.06 billion and adjusted EPS of $2.90–$2.95.
• Electronic materials sales surged 31%, supported by AI and data-center demand for deposition and thermal solutions; the company said customers are seeking additional supply. However, Spokane is currently capacity-constrained, and most benefits from its expansion are expected in 2028, with some incremental volume possible in 2027.
• Nuclear backlog reached $2.6 billion, with contracts extending through 2039, and debottlenecking at Metropolis is expected to lift production above 10,000 tons this year, with potential for another 1,000–2,000 tons. A larger expansion remains under evaluation and depends on customer commitments, government coordination, and attractive project economics.
• Refrigerant sales grew 8% as automotive and data-center demand offset weakness in residential HVAC; management expects modest year-over-year growth in the fourth quarter and anticipates market normalization in 2027. Building-related end markets remained soft, while Healthcare Packaging’s 24% growth partly reflected recovery from prior-year customer destocking.
• Strong cash generation supported $100 million of share repurchases in the quarter, and the company intends to substantially complete the remaining $400 million under its authorization by the end of the first quarter of 2027. Solstice also reported that its transition from legacy Honeywell services was completed ahead of schedule and under budget.

Solstice Advanced Mat Price Performance

Shares of NASDAQ:SOLS traded down $3.42 during midday trading on Wednesday, hitting $58.33. The stock had a trading volume of 2,952,916 shares, compared to its average volume of 2,779,914. The company’s 50-day moving average price is $59.90 and its 200-day moving average price is $69.99. The company has a market capitalization of $9.26 billion and a P/E ratio of 32.94. The company has a quick ratio of 1.08, a current ratio of 1.46 and a debt-to-equity ratio of 1.30. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $90.80.

Solstice Advanced Mat Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 25th will be issued a $0.0750 dividend. This represents a $0.30 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Wednesday, November 25th. Solstice Advanced Mat’s dividend payout ratio (DPR) is currently 16.95%.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the company. Mizuho decreased their price objective on Solstice Advanced Mat from $70.00 to $65.00 and set a “neutral” rating on the stock in a report on Thursday, October 1st. Barclays started coverage on shares of Solstice Advanced Mat in a research report on Monday, October 12th. They issued an “overweight” rating and a $73.00 target price for the company. BMO Capital Markets restated an “outperform” rating and issued a $87.00 price target on shares of Solstice Advanced Mat in a research note on Wednesday, October 21st. UBS Group lowered their price target on shares of Solstice Advanced Mat from $80.00 to $76.00 and set a “buy” rating on the stock in a research report on Monday, October 5th. Finally, Truist Financial set a $75.00 price objective on shares of Solstice Advanced Mat and gave the stock a “buy” rating in a research note on Thursday, July 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Solstice Advanced Mat currently has an average rating of “Moderate Buy” and an average price target of $77.30.

Institutional Trading of Solstice Advanced Mat

Several large investors have recently made changes to their positions in the company. Carnegie Investment Counsel acquired a new stake in Solstice Advanced Mat during the first quarter worth approximately $2,628,000. Tidal Investments LLC acquired a new position in Solstice Advanced Mat in the second quarter valued at approximately $7,262,000. Squarepoint Ops LLC acquired a new position in Solstice Advanced Mat in the second quarter valued at approximately $11,692,000. State Street Corp bought a new position in shares of Solstice Advanced Mat during the 2nd quarter worth approximately $448,557,000. Finally, Equitable Holdings Inc. bought a new position in shares of Solstice Advanced Mat during the 2nd quarter worth approximately $990,000.

Solstice Advanced Mat News Roundup

Here are the key news stories impacting Solstice Advanced Mat this week:

• Positive Sentiment: Third-quarter net sales were $1.046 billion, up 8% year over year and above company guidance, with growth in electronic materials, refrigerants and healthcare packaging. Adjusted diluted EPS was $0.80, ahead of the $0.69 analyst consensus; the company reported GAAP diluted EPS of $0.50. Solstice Advanced Materials Reports Third Quarter 2026 Results
• Positive Sentiment: Solstice raised its 2026 outlook, now projecting net sales of $4.195–$4.220 billion, adjusted EBITDA of $1.050–$1.060 billion and adjusted diluted EPS of $2.90–$2.95. Solstice Advanced Materials Reports Third Quarter 2026 Results
• Positive Sentiment: The company returned $112 million to shareholders in the quarter, including $100 million in buybacks, and intends to substantially complete its $500 million repurchase authorization by the end of Q1 2027. It also declared a $0.075 quarterly dividend, payable December 10 to shareholders of record November 25. Solstice Advanced Materials Declares Dividend
• Neutral Sentiment: Although the results and outlook were favorable, the stock is lower. The provided reports offer no clear explanation for the market reaction, so investors may be weighing expectations or other factors not covered in these articles.

About Solstice Advanced Mat

Solstice Advanced Materials, Inc (NASDAQ:SOLS) is a specialty materials company that develops and manufactures engineered materials and chemical technologies for industrial and commercial applications. The company was established as an independent public company following the separation of Honeywell’s Advanced Materials business.

Its portfolio includes fluorine-based products, specialty films, advanced fibers, resins, additives, and other performance materials. These products are used in areas such as refrigeration and air conditioning, healthcare and pharmaceutical packaging, electronics and semiconductors, transportation, aerospace, and protective equipment.

Solstice Advanced Materials serves customers across global markets through a portfolio that includes Solstice refrigerants and blowing agents, Aclar specialty pharmaceutical films, and Spectra high-performance fibers.