Delta Asset Management LLC TN Invests $4.37 Million in Solstice Advanced Mat $SOLS

Delta Asset Management LLC TN bought a new position in Solstice Advanced Mat (NASDAQ:SOLS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 49,369 shares of the company’s stock, valued at approximately $4,374,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. purchased a new position in Solstice Advanced Mat during the 4th quarter valued at approximately $893,275,000. State Street Corp purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $245,276,000. Morgan Stanley purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $195,151,000. Madison Avenue Partners LP purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $135,172,000. Finally, UBS Group AG bought a new position in shares of Solstice Advanced Mat during the 4th quarter valued at approximately $130,269,000.

Solstice Advanced Mat Stock Up 12.8%

Shares of NASDAQ SOLS opened at $63.53 on Friday. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.46 and a quick ratio of 1.08. The company has a market cap of $10.09 billion and a P/E ratio of 35.89. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $90.80. The firm has a 50-day simple moving average of $64.99 and a two-hundred day simple moving average of $74.31.

Solstice Advanced Mat (NASDAQ:SOLS) last released its earnings results on Thursday, July 30th. The company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.09. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%.The firm had revenue of $1.15 billion for the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Research analysts anticipate that Solstice Advanced Mat will post 2.87 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 27th will be issued a dividend of $0.075 per share. The ex-dividend date is Thursday, August 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. Solstice Advanced Mat’s payout ratio is presently 16.95%.

Solstice Advanced Mat News Roundup

Here are the key news stories impacting Solstice Advanced Mat this week:

• Positive Sentiment: Merger termination removes deal-related concerns. Solstice and Element Solutions mutually agreed to end their cash-and-stock merger after shareholder feedback. The decision eliminates a large, complex transaction and signals that management and the boards believe Solstice is better positioned as a standalone company. Neither side will pay a termination fee. Solstice Announces Mutual Termination of Merger Agreement
• Positive Sentiment: $500 million share-repurchase authorization supports the stock. Solstice’s board approved the company’s first buyback program, giving management a way to return cash to investors and potentially reduce the share count. The authorization also addresses concerns that the Element transaction could have diluted shareholder value. Solstice Launches Share Buyback
• Positive Sentiment: 2026 outlook was reaffirmed. Management maintained its third-quarter and full-year 2026 guidance, reducing fears that ending the merger reflects weakening operating conditions. The company’s latest reported quarter also exceeded earnings expectations, with earnings per share of $0.88 versus a $0.79 consensus estimate.
• Neutral Sentiment: Analyst targets remain above the current trading level. Recent targets for SOLS have a median of $95, although targets are estimates rather than guarantees and may not reflect the newly standalone strategy. Analyst Price Targets for Solstice
• Negative Sentiment: Heavy put-option activity is a risk signal. Investors traded 16,453 put options, roughly 283% above average daily volume, suggesting some traders are positioning for downside or hedging after the sharp move. This activity does not necessarily indicate a fundamental deterioration.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Royal Bank Of Canada cut their target price on shares of Solstice Advanced Mat from $102.00 to $82.00 and set an “outperform” rating for the company in a report on Friday, July 31st. Zacks Research raised shares of Solstice Advanced Mat from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 3rd. TD Cowen assumed 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. Wall Street Zen cut shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Mizuho reduced their target price on shares of Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating on the stock in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $78.25.

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.