Solstice Advanced Mat (NASDAQ:SOLS) Receives Consensus Rating of “Hold” from Brokerages

Solstice Advanced Mat (NASDAQ:SOLS) has been given a consensus rating of “Hold” by the eight brokerages that are covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $86.50.

Several research firms recently issued reports on SOLS. BMO Capital Markets lifted their price target on shares of Solstice Advanced Mat from $92.00 to $101.00 and gave the company an “outperform” rating in a research report on Friday. Mizuho set a $80.00 price target on shares of Solstice Advanced Mat in a research report on Friday, February 13th. UBS Group lifted their price target on shares of Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Solstice Advanced Mat in a research report on Friday, May 22nd. Finally, Vertical Research downgraded 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 report on Thursday, May 14th.

Solstice Advanced Mat Stock Performance

NASDAQ SOLS opened at $81.02 on Friday. The company has a fifty day simple moving average of $81.33 and a 200 day simple moving average of $67.85. 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. The company has a market cap of $12.87 billion and a P/E ratio of 91.03.

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, beating the consensus estimate of $0.60 by $0.03. The business 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. Sell-side analysts predict that Solstice Advanced Mat will post 2.61 earnings per share for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

The business 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. The ex-dividend date is Wednesday, May 27th. This represents a $0.30 annualized dividend and a yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio (DPR) is 33.71%.

Hedge Funds Weigh In On Solstice Advanced Mat

Several large investors have recently bought and sold shares of SOLS. Westerkirk Capital Inc. bought a new position in Solstice Advanced Mat during the 4th quarter valued at $25,000. DiNuzzo Private Wealth Inc. bought a new stake in shares of Solstice Advanced Mat during the 4th quarter worth $26,000. Global Trust Asset Management LLC bought a new stake in shares of Solstice Advanced Mat during the 1st quarter worth $26,000. Heritage Wealth Advisors bought a new stake in shares of Solstice Advanced Mat during the 4th quarter worth $26,000. Finally, Hoey Investments Inc. bought a new stake in shares of Solstice Advanced Mat during the 4th quarter worth $27,000.

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.