8,580 Shares in Solstice Advanced Mat $SOLS Acquired by WD Rutherford LLC

WD Rutherford LLC bought a new position in Solstice Advanced Mat (NASDAQ:SOLS) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 8,580 shares of the company’s stock, valued at approximately $417,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter worth approximately $26,000. Hoey Investments Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Solstice Advanced Mat in the 4th quarter worth approximately $27,000. JNBA Financial Advisors acquired a new stake in Solstice Advanced Mat in the 4th quarter worth approximately $29,000. Finally, Horizon Investments LLC acquired a new stake in Solstice Advanced Mat in the 4th quarter worth approximately $31,000.

Solstice Advanced Mat Stock Performance

Shares of NASDAQ SOLS opened at $85.11 on Monday. The company has a fifty day moving average price of $78.31. The company has a quick ratio of 1.02, a current ratio of 1.43 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of $13.52 billion and a price-to-earnings ratio of 95.63. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its earnings results on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The firm had revenue of $991.00 million during the quarter, compared to analyst estimates of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. On average, research analysts anticipate that Solstice Advanced Mat will post 2.61 earnings per share for the current fiscal year.

Solstice Advanced Mat Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Zacks Research upgraded Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings upgraded Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Mizuho set a $80.00 price target on Solstice Advanced Mat in a report on Friday, February 13th. Vertical Research lowered Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price target for the company. in a report on Thursday. Finally, Royal Bank Of Canada upgraded Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a report on Tuesday, January 20th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Solstice Advanced Mat presently has an average rating of “Hold” and a consensus price target of $73.60.

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.