Stephens Inc. AR Buys New Stake in Solstice Advanced Mat $SOLS

Stephens Inc. AR bought a new stake in Solstice Advanced Mat (NASDAQ:SOLSFree Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,785 shares of the company’s stock, valued at approximately $573,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. bought a new stake in Solstice Advanced Mat during the fourth quarter worth about $26,000. Hoey Investments Inc. bought a new stake in Solstice Advanced Mat during the fourth quarter worth about $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in Solstice Advanced Mat during the fourth quarter worth about $27,000. JNBA Financial Advisors bought a new stake in Solstice Advanced Mat during the fourth quarter worth about $29,000. Finally, Horizon Investments LLC bought a new stake in Solstice Advanced Mat during the fourth quarter worth about $31,000.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SOLS. Vertical Research cut shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price objective on the stock. in a research note on Thursday, May 14th. UBS Group upped their price objective on shares of Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Weiss Ratings raised shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, February 23rd. Zacks Research raised shares of Solstice Advanced Mat to a “hold” rating in a research note on Friday, January 23rd. Finally, Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a research note on Friday, February 13th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, Solstice Advanced Mat currently has an average rating of “Hold” and a consensus target price of $73.60.

Read Our Latest Report on Solstice Advanced Mat

Solstice Advanced Mat Stock Performance

Shares of NASDAQ:SOLS opened at $79.38 on Friday. The stock has a market capitalization of $12.61 billion and a P/E ratio of 89.19. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $90.80. 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 business has a 50-day moving average price of $78.87 and a two-hundred day moving average price of $65.03.

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) last announced its quarterly earnings data 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 for 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 analysts predict that Solstice Advanced Mat will post 2.61 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

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

Solstice Advanced Mat Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Solstice Advanced Mat (NASDAQ:SOLS)

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