First National Trust Co Invests $1.03 Million in Solstice Advanced Mat $SOLS

First National Trust Co purchased a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 21,143 shares of the company’s stock, valued at approximately $1,027,000.

Other hedge funds also recently modified their holdings of the company. DiNuzzo Private Wealth Inc. acquired a new position in shares of Solstice Advanced Mat during the 4th quarter worth $26,000. Hoey Investments Inc. acquired a new position in shares of Solstice Advanced Mat during the 4th quarter worth $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Solstice Advanced Mat during the 4th quarter worth $27,000. JNBA Financial Advisors acquired a new position in shares of Solstice Advanced Mat during the 4th quarter worth $29,000. Finally, Motco acquired a new position in Solstice Advanced Mat in the 4th quarter valued at $30,000.

Solstice Advanced Mat Stock Performance

NASDAQ SOLS opened at $81.76 on Monday. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.43 and a quick ratio of 1.02. The firm has a market capitalization of $12.98 billion and a price-to-earnings ratio of 91.87. The company’s fifty day moving average is $79.00 and its two-hundred day moving average is $65.29. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its quarterly 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 company had revenue of $991.00 million during 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. Equities research analysts forecast that Solstice Advanced Mat will post 2.61 EPS for the current year.

Solstice Advanced Mat Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be given a dividend of $0.075 per share. 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 payout ratio is 33.71%.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on SOLS. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, February 23rd. Mizuho set a $80.00 target price on shares of Solstice Advanced Mat in a research note on Friday, February 13th. Wall Street Zen upgraded shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. UBS Group raised their target price on shares of Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Finally, Vertical Research lowered shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 target price on the stock. in a research note on Thursday, May 14th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, Solstice Advanced Mat currently has a consensus rating of “Hold” and a consensus target price of $73.60.

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.