Leo Wealth LLC Makes New $687,000 Investment in Solstice Advanced Mat $SOLS

Leo Wealth LLC bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 12,197 shares of the company’s stock, valued at approximately $687,000.

Several other institutional investors have also recently bought and sold shares of SOLS. Citizens Financial Group Inc. RI boosted its stake in shares of Solstice Advanced Mat by 12.2% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 10,826 shares of the company’s stock valued at $610,000 after purchasing an additional 1,178 shares in the last quarter. Brookmont Capital Management increased its position in Solstice Advanced Mat by 67.8% during the 3rd quarter. Brookmont Capital Management now owns 52,918 shares of the company’s stock worth $2,980,000 after purchasing an additional 21,376 shares in the last quarter. Inspire Investing LLC acquired a new position in Solstice Advanced Mat during the 3rd quarter worth approximately $521,000. Compass Wealth Management LLC acquired a new position in Solstice Advanced Mat during the 3rd quarter worth approximately $53,000. Finally, Root Financial Partners LLC bought a new position in Solstice Advanced Mat in the 3rd quarter valued at approximately $37,000.

Solstice Advanced Mat Trading Up 1.6%

Shares of SOLS stock opened at $60.38 on Tuesday. The company has a market cap of $9.59 billion and a P/E ratio of 34.11. The stock has a 50 day simple moving average of $59.46 and a two-hundred day simple moving average of $69.75. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.08 and a current ratio of 1.46. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $90.80.

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

Analysts Set New Price Targets

Several brokerages have recently issued reports on SOLS. Royal Bank Of Canada reiterated an “outperform” rating and set a $82.00 price target on shares of Solstice Advanced Mat in a report on Wednesday, September 30th. Barclays initiated coverage on Solstice Advanced Mat in a report on Monday, October 12th. They set an “overweight” rating and a $73.00 price objective on the stock. Zacks Research lowered Solstice Advanced Mat from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Morgan Stanley lowered Solstice Advanced Mat to a “buy” rating in a research report on Monday, July 13th. Finally, Seaport Research Partners initiated coverage on Solstice Advanced Mat in a report on Wednesday, October 7th. They issued a “buy” rating and a $80.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $77.30.

About Solstice Advanced Mat

Solstice Advanced Materials, Inc (NASDAQ:SOLS) is a specialty materials company that develops and manufactures engineered materials and chemical technologies for industrial and commercial applications. The company was established as an independent public company following the separation of Honeywell’s Advanced Materials business.

Its portfolio includes fluorine-based products, specialty films, advanced fibers, resins, additives, and other performance materials. These products are used in areas such as refrigeration and air conditioning, healthcare and pharmaceutical packaging, electronics and semiconductors, transportation, aerospace, and protective equipment.

Solstice Advanced Materials serves customers across global markets through a portfolio that includes Solstice refrigerants and blowing agents, Aclar specialty pharmaceutical films, and Spectra high-performance fibers.