Keystone Investors PTE Ltd. Purchases New Holdings in Solstice Advanced Mat $SOLS

Keystone Investors PTE Ltd. purchased a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 17,642 shares of the company’s stock, valued at approximately $857,000.

A number of other large investors also recently bought and sold shares of the business. Vanguard Group Inc. purchased a new position in Solstice Advanced Mat during the 4th quarter valued at about $893,275,000. UBS Group AG purchased a new position in Solstice Advanced Mat during the 4th quarter valued at about $130,269,000. Norges Bank purchased a new position in Solstice Advanced Mat during the 4th quarter valued at about $128,368,000. Geode Capital Management LLC purchased a new position in Solstice Advanced Mat during the 4th quarter valued at about $110,395,000. Finally, Franklin Resources Inc. purchased a new position in Solstice Advanced Mat during the 4th quarter valued at about $63,546,000.

Wall Street Analyst Weigh In

SOLS has been the subject of a number of recent research reports. TD Cowen initiated coverage on shares of Solstice Advanced Mat in a research report on Monday, June 8th. They set a “hold” rating and a $90.00 price target for the company. BMO Capital Markets lifted their price target on shares of Solstice Advanced Mat from $92.00 to $101.00 and gave the company an “outperform” rating in a research report on Friday, June 5th. UBS Group lifted their price target on shares of Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Mizuho set a $80.00 target price on shares of Solstice Advanced Mat in a report on Friday, February 13th. Finally, Wall Street Zen raised shares of 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 given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $87.38.

Solstice Advanced Mat Stock Up 2.3%

Shares of Solstice Advanced Mat stock opened at $83.06 on Friday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43. The stock has a market capitalization of $13.19 billion and a PE ratio of 93.33. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $90.80. The company has a 50-day simple moving average of $81.87 and a two-hundred day simple moving average of $69.17.

Solstice Advanced Mat (NASDAQ:SOLS) last issued 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 analysts’ expectations of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. On average, analysts anticipate that Solstice Advanced Mat will post 2.62 EPS for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th were paid a $0.075 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. Solstice Advanced Mat’s payout ratio is currently 33.71%.

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.