FourThought Financial Partners LLC Makes New $344,000 Investment in Solstice Advanced Mat $SOLS

FourThought Financial Partners 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 Securities and Exchange Commission. The fund purchased 7,084 shares of the company’s stock, valued at approximately $344,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. acquired a new position in Solstice Advanced Mat during the 4th quarter worth approximately $26,000. Hoey Investments Inc. purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $27,000. JNBA Financial Advisors acquired a new position in shares of Solstice Advanced Mat in the 4th quarter valued at $29,000. Finally, Motco acquired a new position in shares of Solstice Advanced Mat in the 4th quarter valued at $30,000.

Analyst Upgrades and Downgrades

SOLS has been the topic of several research analyst reports. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, February 23rd. Mizuho set a $80.00 price target on shares of Solstice Advanced Mat in a research note on Friday, February 13th. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a research note on Friday, January 23rd. 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 note on Friday, May 8th. Finally, Vertical Research lowered shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price target on the stock. in a research note on Thursday, May 14th. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Solstice Advanced Mat presently has an average rating of “Hold” and a consensus target price of $73.60.

Solstice Advanced Mat Price Performance

Shares of NASDAQ:SOLS opened at $81.76 on Friday. The firm has a market capitalization of $12.98 billion and a P/E ratio of 91.87. The company’s fifty day moving average price is $79.00 and its 200 day moving average price is $65.14. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.43 and a quick ratio of 1.02. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. The business 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, sell-side analysts predict that Solstice Advanced Mat will post 2.61 earnings per share for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be paid a dividend of $0.075 per share. The ex-dividend date is Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio is currently 33.71%.

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.