World Investment Advisors Invests $335,000 in Solstice Advanced Mat $SOLS

World Investment Advisors acquired a new position in Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, Holdings Channel.com reports. The fund acquired 7,380 shares of the company’s stock, valued at approximately $335,000.

A number of other institutional investors have also recently made changes to their positions in the business. Westerkirk Capital Inc. purchased a new stake in Solstice Advanced Mat in the fourth quarter valued at about $25,000. DiNuzzo Private Wealth Inc. purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter worth about $26,000. Heritage Wealth Advisors purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter worth about $26,000. Hoey Investments Inc. purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at about $27,000.

Solstice Advanced Mat Price Performance

NASDAQ:SOLS opened at $86.91 on Friday. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $90.80. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43. The firm has a market cap of $13.80 billion and a price-to-earnings ratio of 97.65. The firm’s fifty day moving average is $82.93 and its two-hundred day moving average is $71.79.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its earnings results on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. The company had revenue of $991.00 million during 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. Research analysts expect that Solstice Advanced Mat will post 2.62 EPS for the current year.

Solstice Advanced Mat Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th were paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Wednesday, May 27th. Solstice Advanced Mat’s payout ratio is currently 33.71%.

Analyst Ratings Changes

SOLS has been the subject of a number of recent analyst reports. BMO Capital Markets lifted their target price on shares of Solstice Advanced Mat from $92.00 to $101.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Vertical Research cut shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price target for the company. in a report on Thursday, May 14th. Truist Financial started coverage on shares of Solstice Advanced Mat in a research note on Monday, June 8th. They set a “hold” rating and a $90.00 price objective for the company. UBS Group boosted their price objective on shares of Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Finally, Royal Bank Of Canada upped their target price on Solstice Advanced Mat from $94.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday, June 5th. Three research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $87.38.

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.