Natixis Advisors LLC Makes New Investment in Solstice Advanced Mat $SOLS

Natixis Advisors LLC purchased a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 120,377 shares of the company’s stock, valued at approximately $5,848,000.

Other large investors have also made changes to their positions in the company. DiNuzzo Private Wealth Inc. acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at $26,000. Hoey Investments Inc. acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at $27,000. JNBA Financial Advisors acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at $29,000. Finally, Motco acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at $30,000.

Analyst Ratings Changes

Several brokerages have recently issued reports on SOLS. Royal Bank Of Canada upped their price target on Solstice Advanced Mat from $94.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday. Truist Financial began coverage on Solstice Advanced Mat in a research note on Monday. They set a “hold” rating and a $90.00 price target on the stock. Vertical Research lowered Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price target on the stock. in a research note on Thursday, May 14th. Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Finally, BMO Capital Markets upped their price target on Solstice Advanced Mat from $92.00 to $101.00 and gave the company an “outperform” rating in a research note on Friday. Three investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $87.38.

Solstice Advanced Mat Stock Down 0.7%

Solstice Advanced Mat stock opened at $80.46 on Tuesday. The company’s 50 day simple moving average is $81.45 and its 200 day simple moving average is $68.30. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $90.80. The firm has a market capitalization of $12.78 billion and a price-to-earnings ratio of 90.40. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.43 and a quick ratio of 1.02.

Solstice Advanced Mat (NASDAQ:SOLS) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.03. The firm had revenue of $991.00 million for the quarter, compared to the consensus estimate of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, sell-side analysts anticipate that Solstice Advanced Mat will post 2.61 EPS for the current year.

Solstice Advanced Mat Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be paid a dividend of $0.075 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.30 annualized dividend and a yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio (DPR) is presently 33.71%.

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.