Solstice Advanced Mat (NASDAQ:SOLS) Raised to “Strong-Buy” at Barclays

Solstice Advanced Mat (NASDAQ:SOLS) was upgraded by research analysts at Barclays to a “strong-buy” rating in a note issued to investors on Monday, Zacks reports.

Several other research analysts have also recently commented on the company. Mizuho lowered their target price on Solstice Advanced Mat from $70.00 to $65.00 and set a “neutral” rating for the company in a research note on Thursday, October 1st. Royal Bank Of Canada restated an “outperform” rating and set a $82.00 price target on shares of Solstice Advanced Mat in a report on Wednesday, September 30th. Seaport Research Partners began coverage on Solstice Advanced Mat in a research report on Wednesday, October 7th. They issued a “buy” rating and a $80.00 price target on the stock. Jefferies Financial Group began coverage on Solstice Advanced Mat in a research note on Thursday, September 3rd. They issued a “buy” rating and a $86.00 price objective for the company. Finally, BMO Capital Markets decreased their price objective on Solstice Advanced Mat from $101.00 to $90.00 and set an “outperform” rating for the company in a research note on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $77.60.

Solstice Advanced Mat Stock Performance

NASDAQ:SOLS opened at $60.13 on Monday. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $90.80. The company has a fifty day simple moving average of $59.63 and a two-hundred day simple moving average of $70.71. The company has a quick ratio of 1.08, a current ratio of 1.46 and a debt-to-equity ratio of 1.30. The company has a market cap of $9.55 billion and a price-to-earnings ratio of 33.97.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.09. The business had revenue of $1.15 billion for 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. As a group, equities analysts anticipate that Solstice Advanced Mat will post 2.87 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Solstice Advanced Mat

Large investors have recently modified their holdings of the company. First Citizens Bank & Trust Co. grew its stake in shares of Solstice Advanced Mat by 329.5% during the third quarter. First Citizens Bank & Trust Co. now owns 10,420 shares of the company’s stock worth $587,000 after purchasing an additional 7,994 shares in the last quarter. Salem Investment Counselors Inc. increased its holdings in Solstice Advanced Mat by 23.2% in the third quarter. Salem Investment Counselors Inc. now owns 139,517 shares of the company’s stock valued at $7,858,000 after buying an additional 26,266 shares during the last quarter. Copeland Capital Management LLC raised its stake in Solstice Advanced Mat by 59.4% in the third quarter. Copeland Capital Management LLC now owns 344,913 shares of the company’s stock valued at $19,426,000 after buying an additional 128,547 shares in the last quarter. Cascade Investment Group Inc. acquired a new stake in Solstice Advanced Mat in the third quarter valued at $381,000. Finally, Avior Wealth Management LLC acquired a new stake in Solstice Advanced Mat in the third quarter valued at $215,000.

About Solstice Advanced Mat

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.