Cwm LLC Purchases New Position in Solstice Advanced Mat $SOLS

Cwm LLC acquired a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 11,457 shares of the company’s stock, valued at approximately $557,000.

Several other institutional investors have also modified their holdings of the stock. DiNuzzo Private Wealth Inc. acquired a new position in shares of Solstice Advanced Mat in the 4th quarter valued at $26,000. Peoples Financial Services CORP. acquired a new stake in Solstice Advanced Mat during the 4th quarter worth $37,000. Towne Trust Company N.A purchased a new stake in Solstice Advanced Mat in the fourth quarter valued at $44,000. Bernard Wealth Management Corp. purchased a new stake in Solstice Advanced Mat in the fourth quarter valued at $58,000. Finally, Generali Investments Towarzystwo Funduszy Inwestycyjnych acquired a new position in Solstice Advanced Mat in the fourth quarter valued at $79,000.

Solstice Advanced Mat Stock Performance

Shares of SOLS opened at $81.95 on Friday. The company has a quick ratio of 0.98, a current ratio of 1.39 and a debt-to-equity ratio of 1.50. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $84.44. The business’s 50-day simple moving average is $77.26. The firm has a market capitalization of $13.01 billion and a P/E ratio of 315.19.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.14). The company had revenue of $987.00 million during the quarter, compared to analysts’ expectations of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. Equities research analysts forecast that Solstice Advanced Mat will post 2.66 EPS for the current year.

Solstice Advanced Mat Announces Dividend

The business 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 $0.075 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. Solstice Advanced Mat’s payout ratio is presently 115.38%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on SOLS shares. Wall Street Zen lowered Solstice Advanced Mat from a “hold” rating to a “sell” rating in a report on Saturday, April 25th. UBS Group cut Solstice Advanced Mat from a “buy” rating to a “neutral” rating and set a $87.00 target price for the company. in a research report on Monday, April 13th. Mizuho set a $80.00 price target on Solstice Advanced Mat in a research report on Friday, February 13th. Royal Bank Of Canada upgraded Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, January 20th. Finally, Weiss Ratings raised Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $67.00.

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.