9,327 Shares in Solstice Advanced Mat $SOLS Purchased by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC purchased a new position in Solstice Advanced Mat (NASDAQ:SOLS) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 9,327 shares of the company’s stock, valued at approximately $453,000.

Several other institutional investors also recently modified their holdings of SOLS. Ferguson Wellman Capital Management Inc. bought a new position in shares of Solstice Advanced Mat in the 4th quarter worth about $2,259,000. Parsons Capital Management Inc. RI bought a new position in shares of Solstice Advanced Mat in the 4th quarter worth about $625,000. JFS Wealth Advisors LLC bought a new position in shares of Solstice Advanced Mat in the 4th quarter worth about $121,000. Pathway Financial Advisors LLC bought a new position in shares of Solstice Advanced Mat in the 4th quarter worth about $337,000. Finally, Tradewinds Capital Management LLC bought a new position in shares of Solstice Advanced Mat in the 4th quarter worth about $89,000.

Solstice Advanced Mat Stock Down 0.4%

NASDAQ:SOLS opened at $84.23 on Friday. The firm has a market cap of $13.38 billion and a P/E ratio of 94.64. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $90.80. The firm has a 50-day simple moving average of $80.06 and a two-hundred day simple moving average of $66.49.

Solstice Advanced Mat (NASDAQ:SOLS) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates 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. Analysts predict that Solstice Advanced Mat will post 2.61 earnings per share for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The company 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 dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is currently 33.71%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on SOLS shares. UBS Group increased their price target on shares of Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. 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. Vertical Research lowered shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price target for the company. in a research note on Thursday, May 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of Solstice Advanced Mat in a research note on Friday, May 22nd. Finally, Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a research note on Friday, February 13th. Two investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Solstice Advanced Mat has an average 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.