Solstice Advanced Mat (NASDAQ:SOLS) Stock Rated “Buy” in New Coverage at Seaport Research Partners

Seaport Research Partners initiated coverage on shares of Solstice Advanced Mat (NASDAQ:SOLS) in a research note issued to investors on Wednesday morning, Marketbeat.com reports. The firm issued a buy rating and a $80.00 target price on the stock.

Several other research analysts have also recently issued reports on SOLS. BMO Capital Markets dropped their price objective on Solstice Advanced Mat from $101.00 to $90.00 and set an “outperform” rating on the stock in a research note on Thursday, July 16th. Zacks Research lowered Solstice Advanced Mat from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Jefferies Financial Group initiated coverage on Solstice Advanced Mat in a report on Thursday, September 3rd. They issued a “buy” rating and a $86.00 target price for the company. Royal Bank Of Canada reissued an “outperform” rating and set a $82.00 price target on shares of Solstice Advanced Mat in a research report on Wednesday, September 30th. Finally, Truist Financial set a $75.00 price target on Solstice Advanced Mat and gave the company a “buy” rating in a research note on Thursday, July 9th. Eight equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, Solstice Advanced Mat presently has a consensus rating of “Moderate Buy” and an average price target of $78.11.

Solstice Advanced Mat Stock Up 1.9%

Shares of NASDAQ SOLS opened at $61.35 on Wednesday. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.46 and a quick ratio of 1.08. The company has a market cap of $9.75 billion and a P/E ratio of 34.66. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $90.80. The firm has a 50-day simple moving average of $59.76 and a two-hundred day simple moving average of $71.00.

Solstice Advanced Mat (NASDAQ:SOLS) last released its earnings results on Thursday, July 30th. The company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.09. The business had revenue of $1.15 billion during the quarter. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Research analysts anticipate that Solstice Advanced Mat will post 2.87 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Thursday, August 27th were paid a $0.0750 dividend. This represents a $0.30 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, August 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is 16.95%.

Institutional Investors Weigh In On Solstice Advanced Mat

Several institutional investors have recently added to or reduced their stakes in SOLS. Westerkirk Capital Inc. acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at about $25,000. Global Trust Asset Management LLC purchased a new position in shares of Solstice Advanced Mat in the 1st quarter valued at approximately $26,000. Princeton Global Asset Management LLC acquired a new stake in Solstice Advanced Mat in the 1st quarter worth approximately $27,000. Manning & Napier Advisors LLC acquired a new stake in Solstice Advanced Mat in the 2nd quarter worth approximately $27,000. Finally, Compass Financial Management LLC purchased a new stake in Solstice Advanced Mat during the 2nd quarter worth approximately $28,000.

Solstice Advanced Mat Company Profile

Solstice Advanced Materials, Inc is a specialty materials company that develops and manufactures high-performance chemicals and engineered materials for customers in industries including healthcare, electronics, automotive, aerospace, construction, and refrigeration. The company focuses on technologies designed to support energy efficiency, product performance, and lower environmental impact.

Its product portfolio includes low-global-warming-potential refrigerants and blowing agents, fluorine-based specialty chemicals, advanced films and barrier materials, and other engineered materials used in demanding industrial and commercial applications.