Independent Advisor Alliance Takes Position in Solstice Advanced Mat $SOLS

Independent Advisor Alliance bought a new stake in Solstice Advanced Mat (NASDAQ:SOLS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 6,839 shares of the company’s stock, valued at approximately $332,000.

A number of other institutional investors have also modified their holdings of the business. Atlantic Union Bankshares Corp acquired a new position in shares of Solstice Advanced Mat in the 4th quarter valued at $254,000. Paradigm Asset Management Co. LLC acquired a new position in shares of Solstice Advanced Mat in the 4th quarter valued at $65,000. World Investment Advisors acquired a new position in shares of Solstice Advanced Mat in the 4th quarter valued at $335,000. Boyd Watterson Asset Management LLC OH acquired a new position in shares of Solstice Advanced Mat in the 4th quarter valued at $366,000. Finally, Northeast Investment Management acquired a new position in shares of Solstice Advanced Mat in the 4th quarter valued at $215,000.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Wall Street Zen raised shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. UBS Group boosted their price objective on shares of Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Vertical Research downgraded shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price objective for the company. in a research report on Thursday, May 14th. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Finally, Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a research report on Friday, February 13th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $73.60.

Solstice Advanced Mat Stock Performance

Shares of Solstice Advanced Mat stock opened at $82.07 on Tuesday. The stock has a market cap of $13.03 billion and a P/E ratio of 92.21. 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 one year low of $40.43 and a one year high of $90.80. The stock’s fifty day moving average price is $78.41.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. The firm 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. As a group, equities analysts predict that Solstice Advanced Mat will post 2.61 earnings per share for the current year.

Solstice Advanced Mat Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be given 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 payout ratio is presently 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.