Dymon Asia Capital Singapore PTE. LTD. Invests $1.73 Million in Solstice Advanced Mat $SOLS

Dymon Asia Capital Singapore PTE. LTD. acquired a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 35,546 shares of the company’s stock, valued at approximately $1,727,000.

A number of other large investors also recently modified their holdings of SOLS. Wesbanco Bank Inc. bought a new stake in shares of Solstice Advanced Mat in the 4th quarter worth approximately $649,000. Nwam LLC bought a new position in shares of Solstice Advanced Mat during the 4th quarter valued at $1,253,000. Mirae Asset Global Investments Co. Ltd. purchased a new position in Solstice Advanced Mat in the 4th quarter worth $4,796,000. Fifth Third Bancorp purchased a new position in Solstice Advanced Mat in the 4th quarter worth $4,424,000. Finally, Crestwood Advisors Group LLC bought a new stake in Solstice Advanced Mat in the fourth quarter worth $709,000.

Solstice Advanced Mat Price Performance

SOLS stock opened at $83.06 on Friday. The stock has a market capitalization of $13.19 billion and a price-to-earnings ratio of 93.33. The firm’s 50-day moving average price is $81.87 and its two-hundred day moving average price is $69.17. The company has a current ratio of 1.43, a quick ratio of 1.02 and a debt-to-equity ratio of 1.40. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last posted 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 business 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 analysts predict that Solstice Advanced Mat will post 2.62 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th were issued a $0.075 dividend. The ex-dividend date was 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 33.71%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Royal Bank Of Canada upped their price target on shares of Solstice Advanced Mat from $94.00 to $100.00 and gave the company an “outperform” rating in a research report on Friday, June 5th. Weiss Ratings reissued a “hold (c)” rating on shares of Solstice Advanced Mat in a research note on Friday, May 22nd. TD Cowen began coverage on Solstice Advanced Mat in a research report on Monday, June 8th. They set a “hold” rating and a $90.00 price target on the stock. UBS Group lifted their price target on Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Finally, Wall Street Zen upgraded Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Three investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $87.38.

About Solstice Advanced Mat

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.