11,102 Shares in Solstice Advanced Mat $SOLS Bought by Coppell Advisory Solutions LLC

Coppell Advisory Solutions LLC bought a new stake in Solstice Advanced Mat (NASDAQ:SOLS) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 11,102 shares of the company’s stock, valued at approximately $984,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Folger Nolan Fleming Douglas Capital Management Inc. lifted its position in Solstice Advanced Mat by 3.3% during the 1st quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 4,509 shares of the company’s stock worth $343,000 after buying an additional 146 shares in the last quarter. Manning & Napier Advisors LLC bought a new position in shares of Solstice Advanced Mat in the 2nd quarter valued at about $27,000. Global Trust Asset Management LLC bought a new position in shares of Solstice Advanced Mat in the 1st quarter valued at about $26,000. Hsbc Holdings PLC increased its position in shares of Solstice Advanced Mat by 0.4% in the second quarter. Hsbc Holdings PLC now owns 96,570 shares of the company’s stock valued at $8,531,000 after acquiring an additional 342 shares during the last quarter. Finally, Compass Financial Management LLC acquired a new stake in shares of Solstice Advanced Mat in the second quarter valued at about $28,000.

Solstice Advanced Mat Stock Performance

SOLS opened at $60.99 on Thursday. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80. The stock has a market cap of $9.69 billion and a price-to-earnings ratio of 34.46. The business has a 50 day moving average of $63.55 and a 200-day moving average of $74.16. The company has a quick ratio of 1.08, a current ratio of 1.46 and a debt-to-equity ratio of 1.30.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.09. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%.The business had revenue of $1.15 billion for the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. On average, equities research analysts expect that Solstice Advanced Mat will post 2.88 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 27th will be issued a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, August 27th. Solstice Advanced Mat’s payout ratio is currently 16.95%.

Analyst Ratings Changes

Several research analysts recently commented on the company. UBS Group increased their price target on Solstice Advanced Mat from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, July 31st. TD Cowen started coverage on Solstice Advanced Mat in a research note on Monday, June 8th. They set a “hold” rating and a $90.00 price objective on the stock. Morgan Stanley downgraded Solstice Advanced Mat to a “buy” rating in a report on Monday, July 13th. Weiss Ratings raised shares of Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 21st. Finally, Royal Bank Of Canada lowered their target price on shares of Solstice Advanced Mat from $102.00 to $82.00 and set an “outperform” rating on the stock in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Solstice Advanced Mat has an average rating of “Moderate Buy” and an average target price of $78.25.

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.