507,798 Shares in Solstice Advanced Mat $SOLS Bought by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Solstice Advanced Mat (NASDAQ:SOLS) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 507,798 shares of the company’s stock, valued at approximately $44,991,000.

Several other institutional investors also recently bought and sold shares of the stock. Folger Nolan Fleming Douglas Capital Management Inc. lifted its stake in shares of Solstice Advanced Mat by 3.3% in the first 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 during the last quarter. Manning & Napier Advisors LLC bought a new stake in shares of Solstice Advanced Mat in the second quarter valued at approximately $27,000. Global Trust Asset Management LLC bought a new stake in shares of Solstice Advanced Mat in the first quarter valued at approximately $26,000. Hsbc Holdings PLC grew its stake 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 worth $8,531,000 after acquiring an additional 342 shares during the last quarter. Finally, Compass Financial Management LLC bought a new position in Solstice Advanced Mat during the second quarter worth $28,000.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on SOLS shares. Weiss Ratings raised shares of Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a report on Tuesday, July 21st. Mizuho cut their price objective on shares of Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating for the company in a research report on Wednesday, July 15th. Vertical Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 target price for the company in a research note on Wednesday, July 22nd. TD Cowen assumed coverage on Solstice Advanced Mat in a research report on Monday, June 8th. They set a “hold” rating and a $90.00 target price on the stock. Finally, BMO Capital Markets lowered their price target 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. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $78.25.

Solstice Advanced Mat Trading Down 1.2%

Shares of SOLS opened at $60.99 on Thursday. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $90.80. The company has a current ratio of 1.46, a quick ratio of 1.08 and a debt-to-equity ratio of 1.30. The stock has a 50 day simple moving average of $63.55 and a 200-day simple moving average of $74.16. The stock has a market cap of $9.69 billion and a PE ratio of 34.46.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.88 EPS for the quarter, beating the consensus estimate 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, sell-side analysts predict that Solstice Advanced Mat will post 2.88 EPS for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th will be paid 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%.

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.