PFA Pension Forsikringsaktieselskab Makes New $9.08 Million Investment in Solstice Advanced Mat $SOLS

PFA Pension Forsikringsaktieselskab bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, HoldingsChannel.com reports. The firm bought 185,836 shares of the company’s stock, valued at approximately $9,080,000.

A number of other large investors have also made changes to their positions in SOLS. Ferguson Wellman Capital Management Inc. acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at about $2,259,000. Parsons Capital Management Inc. RI acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at about $625,000. JFS Wealth Advisors LLC acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at about $121,000. Pathway Financial Advisors LLC acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at about $337,000. Finally, Tradewinds Capital Management LLC acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at about $89,000.

Solstice Advanced Mat Trading Down 0.2%

Shares of Solstice Advanced Mat stock opened at $80.40 on Monday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.39 and a quick ratio of 0.98. The company has a market capitalization of $12.77 billion and a PE ratio of 309.21. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $84.44. The business’s 50-day moving average price is $77.26.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.14). The business 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, equities research analysts predict that Solstice Advanced Mat will post 2.66 EPS for the current year.

Solstice Advanced Mat Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio is currently 115.38%.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a research report on Friday, February 13th. 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 research report on Monday, April 13th. Weiss Ratings raised shares of 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 raised shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Finally, Zacks Research raised shares of Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $67.00.

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.