Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Solstice Advanced Mat (NASDAQ:SOLS – Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 37,232 shares of the company’s stock, valued at approximately $1,815,000.
Several other institutional investors and hedge funds have also bought and sold shares of SOLS. Ferguson Wellman Capital Management Inc. purchased a new stake in Solstice Advanced Mat in the fourth quarter worth about $2,259,000. Parsons Capital Management Inc. RI purchased a new stake in Solstice Advanced Mat in the fourth quarter worth about $625,000. JFS Wealth Advisors LLC purchased a new stake in Solstice Advanced Mat in the fourth quarter worth about $121,000. Pathway Financial Advisors LLC purchased a new stake in Solstice Advanced Mat in the fourth quarter worth about $337,000. Finally, Tradewinds Capital Management LLC purchased a new stake in Solstice Advanced Mat in the fourth quarter worth about $89,000.
Analysts Set New Price Targets
Several analysts have commented on SOLS shares. Vertical Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a report on Wednesday, January 7th. UBS Group lowered shares of Solstice Advanced Mat from a “buy” rating to a “neutral” rating and set a $87.00 price objective for the company. in a report on Monday, April 13th. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Finally, Royal Bank Of Canada upgraded shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a report on Tuesday, January 20th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $67.00.
Solstice Advanced Mat Stock Performance
SOLS stock opened at $80.40 on Friday. The firm’s 50 day simple moving average is $77.26. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $84.44. The stock has a market capitalization of $12.77 billion and a price-to-earnings ratio of 309.21. 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 (NASDAQ:SOLS – Get Free Report) last released its 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 firm had revenue of $987.00 million for 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. As a group, sell-side analysts forecast that Solstice Advanced Mat will post 2.66 earnings per share for the current fiscal year.
Solstice Advanced Mat Dividend Announcement
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 (DPR) is presently 115.38%.
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.
See Also
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