AYAL Capital Advisors Ltd acquired a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS – Free Report) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund acquired 70,000 shares of the company’s stock, valued at approximately $3,401,000. Solstice Advanced Mat makes up 1.2% of AYAL Capital Advisors Ltd’s portfolio, making the stock its 28th biggest position.
Several other large investors also recently bought and sold shares of the stock. Westerkirk Capital Inc. purchased a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at $25,000. DiNuzzo Private Wealth Inc. acquired a new position in Solstice Advanced Mat during the fourth quarter worth $26,000. Heritage Wealth Advisors acquired a new position in Solstice Advanced Mat during the fourth quarter worth $26,000. Hoey Investments Inc. acquired a new position in Solstice Advanced Mat during the fourth quarter worth $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at about $27,000.
Analyst Upgrades and Downgrades
Several equities research analysts recently issued reports on the stock. UBS Group raised their price objective on shares of Solstice Advanced Mat to $88.00 and gave the stock 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 note on Friday, May 22nd. 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. Truist Financial began coverage on shares of Solstice Advanced Mat in a research report on Monday, June 8th. They set a “hold” rating and a $90.00 price objective for the company. Finally, BMO Capital Markets boosted their price objective on shares of Solstice Advanced Mat from $92.00 to $101.00 and gave the stock an “outperform” rating in a research report on Friday, June 5th. Three equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $87.38.
Solstice Advanced Mat Stock Up 1.9%
SOLS opened at $85.14 on Thursday. The firm has a 50 day moving average price of $82.36 and a 200 day moving average price of $70.15. The company has a market cap of $13.52 billion and a PE ratio of 95.66. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $90.80. 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 (NASDAQ:SOLS – Get Free Report) last issued its quarterly earnings data 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 firm 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 expect that Solstice Advanced Mat will post 2.62 earnings per share for the current year.
Solstice Advanced Mat Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th were given a $0.075 dividend. The ex-dividend date of this dividend was 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 currently 33.71%.
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.
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