Stephens Inc. AR Acquires Shares of 11,785 Solstice Advanced Mat $SOLS

Stephens Inc. AR acquired a new stake in Solstice Advanced Mat (NASDAQ:SOLS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 11,785 shares of the company’s stock, valued at approximately $573,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. bought a new position in Solstice Advanced Mat in the fourth quarter valued at approximately $26,000. Hoey Investments Inc. bought a new position in Solstice Advanced Mat in the fourth quarter valued at approximately $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Solstice Advanced Mat in the fourth quarter valued at approximately $27,000. JNBA Financial Advisors bought a new position in Solstice Advanced Mat in the fourth quarter valued at approximately $29,000. Finally, Horizon Investments LLC bought a new position in Solstice Advanced Mat in the fourth quarter valued at approximately $31,000.

Solstice Advanced Mat Trading Down 6.0%

Shares of NASDAQ:SOLS opened at $79.38 on Friday. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $90.80. 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 company’s fifty day simple moving average is $78.87 and its 200 day simple moving average is $65.03. The firm has a market cap of $12.61 billion and a price-to-earnings ratio of 89.19.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings data 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 for the quarter, compared to analyst estimates of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, research analysts forecast that Solstice Advanced Mat will post 2.61 EPS for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis 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 33.71%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on SOLS. Wall Street Zen raised shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Zacks Research raised shares of Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. 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. Mizuho set a $80.00 price target on shares of Solstice Advanced Mat in a research report on Friday, February 13th. Finally, UBS Group lifted their price target on shares of Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $73.60.

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.