Solstice Advanced Mat (NASDAQ:SOLS) Hits New 12-Month High – Still a Buy?

Shares of Solstice Advanced Mat (NASDAQ:SOLS) hit a new 52-week high on Wednesday . The company traded as high as $73.93 and last traded at $72.66, with a volume of 1765875 shares. The stock had previously closed at $63.80.

Analysts Set New Price Targets

Several analysts have recently commented on SOLS shares. Weiss Ratings started coverage on shares of Solstice Advanced Mat in a research report on Thursday, January 15th. They set a “sell (d+)” rating for the company. Mizuho set a $80.00 target price on shares of Solstice Advanced Mat in a research note on Friday. UBS Group reaffirmed a “buy” rating and issued a $87.00 price target on shares of Solstice Advanced Mat in a research note on Thursday. Wall Street Zen cut shares of Solstice Advanced Mat from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Finally, Vertical Research raised Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 target price for the company in a research report on Wednesday, January 7th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $67.00.

Solstice Advanced Mat Stock Up 0.2%

The company’s 50 day simple moving average is $56.03. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.93 and a current ratio of 1.39.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The company had revenue of $987.00 million for the quarter, compared to the consensus estimate of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

Solstice Advanced Mat Announces Dividend

The business also recently announced a dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Tuesday, February 24th.

Hedge Funds Weigh In On Solstice Advanced Mat

Hedge funds have recently bought and sold shares of the company. Great Waters Wealth Management purchased a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at about $206,000. Spirit of America Management Corp NY bought a new stake in Solstice Advanced Mat in the 4th quarter worth about $107,000. Kieckhefer Group LLC purchased a new stake in Solstice Advanced Mat in the 4th quarter valued at about $1,232,000. Beacon Investment Advisory Services Inc. bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth approximately $493,000. Finally, Chesley Taft & Associates LLC bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth approximately $456,000.

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.