Coldstream Capital Management Inc. Takes $355,000 Position in Solstice Advanced Mat $SOLS

Coldstream Capital Management Inc. bought a new stake in Solstice Advanced Mat (NASDAQ:SOLSFree Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 7,314 shares of the company’s stock, valued at approximately $355,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. DiNuzzo Private Wealth Inc. purchased a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $26,000. Hoey Investments Inc. purchased a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $27,000. JNBA Financial Advisors purchased a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $29,000. Finally, Motco purchased a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at about $30,000.

Wall Street Analyst Weigh In

SOLS has been the subject of several research reports. Vertical Research downgraded Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 target price for the company. in a report on Thursday, May 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Solstice Advanced Mat in a research note on Friday, May 22nd. Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Mizuho set a $80.00 price objective on Solstice Advanced Mat in a research note on Friday, February 13th. Finally, UBS Group upped their price objective on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $73.60.

Check Out Our Latest Analysis on SOLS

Solstice Advanced Mat Stock Performance

Shares of SOLS stock opened at $84.23 on Friday. The company has a market cap of $13.38 billion and a price-to-earnings ratio of 94.64. The stock has a 50 day simple moving average of $80.06 and a 200-day simple moving average of $66.49. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month 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.

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. The business had revenue of $991.00 million for the quarter, compared to analysts’ expectations of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. On average, equities analysts forecast that Solstice Advanced Mat will post 2.61 EPS for the current year.

Solstice Advanced Mat Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be issued a $0.075 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio is currently 33.71%.

About Solstice Advanced Mat

(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.

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

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