WD Rutherford LLC Buys New Holdings in Solstice Advanced Mat $SOLS

WD Rutherford LLC bought a new stake in Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 8,580 shares of the company’s stock, valued at approximately $417,000.

Other large investors have also modified their holdings of the company. Vanguard Group Inc. bought a new stake in Solstice Advanced Mat in the fourth quarter valued at $893,275,000. UBS Group AG bought a new stake in Solstice Advanced Mat in the fourth quarter valued at $130,269,000. Thrivent Financial for Lutherans bought a new stake in Solstice Advanced Mat in the fourth quarter valued at $53,548,000. Principal Financial Group Inc. bought a new stake in Solstice Advanced Mat in the fourth quarter valued at $36,682,000. Finally, Teacher Retirement System of Texas bought a new stake in Solstice Advanced Mat in the fourth quarter valued at $22,277,000.

Solstice Advanced Mat Stock Performance

Shares of SOLS stock opened at $85.11 on Monday. The business’s fifty day simple moving average is $78.31. The company has a quick ratio of 1.02, a current ratio of 1.43 and a debt-to-equity ratio of 1.40. The company has a market capitalization of $13.52 billion and a PE ratio of 95.63. 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 announced its earnings results on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.60 by $0.03. The business 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. As a group, analysts forecast that Solstice Advanced Mat will post 2.61 earnings per share for the current fiscal year.

Solstice Advanced Mat Announces Dividend

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 issued 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 dividend payout ratio is presently 33.71%.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the company. UBS Group upped their price target on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Weiss Ratings upgraded Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Royal Bank Of Canada upgraded Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Mizuho set a $80.00 price target on Solstice Advanced Mat in a research report on Friday, February 13th. Finally, Wall Street Zen upgraded Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Two investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Solstice Advanced Mat presently has an average rating of “Hold” and a consensus target price of $73.60.

Solstice Advanced Mat Company Profile

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.