26,189 Shares in Solstice Advanced Mat $SOLS Purchased by Lido Advisors LLC

Lido Advisors LLC bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 26,189 shares of the company’s stock, valued at approximately $1,272,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SOLS. Vanguard Group Inc. purchased a new position in shares of Solstice Advanced Mat in the 4th quarter worth about $893,275,000. UBS Group AG purchased a new position in shares of Solstice Advanced Mat in the 4th quarter worth about $130,269,000. Norges Bank purchased a new position in shares of Solstice Advanced Mat in the 4th quarter worth about $128,368,000. Geode Capital Management LLC purchased a new position in shares of Solstice Advanced Mat in the 4th quarter worth about $110,395,000. Finally, Bank of New York Mellon Corp purchased a new position in shares of Solstice Advanced Mat in the 4th quarter worth about $55,829,000.

Analyst Upgrades and Downgrades

SOLS has been the subject of a number of research reports. TD Cowen initiated coverage on Solstice Advanced Mat in a report on Monday. They issued a “hold” rating and a $90.00 price objective for the company. UBS Group upped their price objective on Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Vertical Research cut Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price objective for the company. in a report on Thursday, May 14th. Truist Financial began coverage on Solstice Advanced Mat in a report on Monday. They issued a “hold” rating and a $90.00 price objective for the company. Finally, Wall Street Zen upgraded Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $87.38.

Solstice Advanced Mat Stock Down 0.2%

Shares of NASDAQ:SOLS opened at $80.28 on Wednesday. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $90.80. The firm has a market capitalization of $12.75 billion and a P/E ratio of 90.20. The stock has a 50 day moving average price of $81.56 and a 200-day moving average price of $68.57. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.03. The firm had revenue of $991.00 million during 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, equities research analysts anticipate that Solstice Advanced Mat will post 2.61 EPS for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be given a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio is currently 33.71%.

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.