Corient Private Wealth LP Acquires Shares of 82,386 Solstice Advanced Mat $SOLS

Corient Private Wealth LP bought a new stake in Solstice Advanced Mat (NASDAQ:SOLS) in the second quarter, HoldingsChannel reports. The firm bought 82,386 shares of the company’s stock, valued at approximately $7,294,000.

Other hedge funds also recently made changes to their positions in the company. Folger Nolan Fleming Douglas Capital Management Inc. increased its stake in shares of Solstice Advanced Mat by 3.3% in the 1st quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 4,509 shares of the company’s stock worth $343,000 after acquiring an additional 146 shares in the last quarter. Manning & Napier Advisors LLC purchased a new stake in shares of Solstice Advanced Mat in the second quarter worth $27,000. Global Trust Asset Management LLC bought a new position in shares of Solstice Advanced Mat during the first quarter valued at $26,000. Compass Financial Management LLC purchased a new position in shares of Solstice Advanced Mat in the 2nd quarter worth about $28,000. Finally, Princeton Global Asset Management LLC bought a new position in Solstice Advanced Mat in the 1st quarter worth about $27,000.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Morgan Stanley lowered shares of Solstice Advanced Mat to a “buy” rating in a research note on Monday, July 13th. Zacks Research raised shares of Solstice Advanced Mat from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. TD Cowen started coverage on shares of Solstice Advanced Mat in a report on Monday, June 8th. They issued a “hold” rating and a $90.00 price objective for the company. Weiss Ratings upgraded Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a research note on Tuesday, July 21st. Finally, UBS Group lifted their target price on Solstice Advanced Mat from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $78.25.

Solstice Advanced Mat Stock Performance

Shares of SOLS stock opened at $63.53 on Monday. The company has a quick ratio of 1.08, a current ratio of 1.46 and a debt-to-equity ratio of 1.30. The company has a 50 day moving average price of $64.99 and a 200-day moving average price of $74.37. 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 $10.09 billion and a PE ratio of 35.89.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.09. Solstice Advanced Mat had a net margin of 5.13% and a return on equity of 14.28%. The company had revenue of $1.15 billion for the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. As a group, equities research analysts expect that Solstice Advanced Mat will post 2.87 earnings per share for the current year.

Solstice Advanced Mat Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th will be paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, August 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is 16.95%.

Trending Headlines about Solstice Advanced Mat

Here are the key news stories impacting Solstice Advanced Mat this week:

• Positive Sentiment: Merger termination removes deal-related concerns. Solstice and Element Solutions mutually agreed to end their cash-and-stock merger after shareholder feedback. The decision eliminates a large, complex transaction and signals that management and the boards believe Solstice is better positioned as a standalone company. Neither side will pay a termination fee. Solstice Announces Mutual Termination of Merger Agreement
• Positive Sentiment: $500 million share-repurchase authorization supports the stock. Solstice’s board approved the company’s first buyback program, giving management a way to return cash to investors and potentially reduce the share count. The authorization also addresses concerns that the Element transaction could have diluted shareholder value. Solstice Launches Share Buyback
• Positive Sentiment: 2026 outlook was reaffirmed. Management maintained its third-quarter and full-year 2026 guidance, reducing fears that ending the merger reflects weakening operating conditions. The company’s latest reported quarter also exceeded earnings expectations, with earnings per share of $0.88 versus a $0.79 consensus estimate.
• Neutral Sentiment: Analyst targets remain above the current trading level. Recent targets for SOLS have a median of $95, although targets are estimates rather than guarantees and may not reflect the newly standalone strategy. Analyst Price Targets for Solstice
• Negative Sentiment: Heavy put-option activity is a risk signal. Investors traded 16,453 put options, roughly 283% above average daily volume, suggesting some traders are positioning for downside or hedging after the sharp move. This activity does not necessarily indicate a fundamental deterioration.

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.