PFA Pension Forsikringsaktieselskab Takes $9.08 Million Position in Solstice Advanced Mat $SOLS

PFA Pension Forsikringsaktieselskab purchased a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 185,836 shares of the company’s stock, valued at approximately $9,080,000. PFA Pension Forsikringsaktieselskab owned approximately 0.12% of Solstice Advanced Mat as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Solstice Advanced Mat during the 4th quarter valued at $4,796,000. Davidson Investment Advisors purchased a new position in shares of Solstice Advanced Mat during the 4th quarter valued at $5,485,000. Fifth Third Bancorp purchased a new position in shares of Solstice Advanced Mat during the 4th quarter valued at $4,424,000. Exchange Traded Concepts LLC purchased a new position in shares of Solstice Advanced Mat during the 4th quarter valued at $1,215,000. Finally, Aberdeen Group plc purchased a new position in shares of Solstice Advanced Mat during the 4th quarter valued at $8,227,000.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on SOLS shares. Royal Bank Of Canada upgraded shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a report on Tuesday, January 20th. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Mizuho set a $80.00 price target on shares of Solstice Advanced Mat in a report on Friday, February 13th. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Finally, Wall Street Zen raised shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $67.00.

Solstice Advanced Mat Price Performance

Solstice Advanced Mat stock opened at $80.40 on Monday. The firm has a market cap of $12.77 billion and a price-to-earnings ratio of 309.21. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.98 and a current ratio of 1.39. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $84.44. The stock’s fifty day moving average price is $77.26.

Solstice Advanced Mat (NASDAQ:SOLS) last released 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 business had revenue of $987.00 million for the quarter, compared to analysts’ expectations of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, sell-side analysts expect that Solstice Advanced Mat will post 2.66 earnings per share for the current year.

Solstice Advanced Mat Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. Solstice Advanced Mat’s payout ratio is currently 115.38%.

Solstice Advanced Mat 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.