Quantum Private Wealth LLC Invests $804,000 in Solstice Advanced Mat $SOLS

Quantum Private Wealth LLC purchased a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 16,544 shares of the company’s stock, valued at approximately $804,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. DiNuzzo Private Wealth Inc. bought a new stake in shares of Solstice Advanced Mat during the 4th quarter valued at $26,000. Hoey Investments Inc. bought a new stake in shares of Solstice Advanced Mat during the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Solstice Advanced Mat during the 4th quarter valued at $27,000. JNBA Financial Advisors bought a new stake in shares of Solstice Advanced Mat during the 4th quarter valued at $29,000. Finally, Horizon Investments LLC bought a new stake in shares of Solstice Advanced Mat during the 4th quarter valued at $31,000.

Solstice Advanced Mat Price Performance

Solstice Advanced Mat stock opened at $79.87 on Wednesday. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $90.80. The business has a 50-day simple moving average of $78.57 and a 200 day simple moving average of $64.65. The company has a quick ratio of 1.02, a current ratio of 1.43 and a debt-to-equity ratio of 1.40. The stock has a market cap of $12.68 billion and a price-to-earnings ratio of 89.74.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its earnings results on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.60 by $0.03. The business 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. On average, research analysts forecast that Solstice Advanced Mat will post 2.61 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. Investors 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 yield of 0.4%. The ex-dividend date is Wednesday, May 27th. Solstice Advanced Mat’s payout ratio is presently 33.71%.

Analyst Upgrades and Downgrades

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

Solstice Advanced Mat 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.