18,965 Shares in Solstice Advanced Mat $SOLS Bought by Eagle Global Advisors LLC

Eagle Global Advisors LLC purchased a new stake in Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,965 shares of the company’s stock, valued at approximately $921,000.

Several other large investors have also bought and sold shares of SOLS. DiNuzzo Private Wealth Inc. purchased a new position in Solstice Advanced Mat during the 4th quarter worth $26,000. JNBA Financial Advisors purchased a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at about $29,000. Peoples Financial Services CORP. bought a new position in shares of Solstice Advanced Mat during the fourth quarter valued at about $37,000. Duncker Streett & Co. Inc. bought a new position in shares of Solstice Advanced Mat during the fourth quarter valued at about $39,000. Finally, City State Bank purchased a new position in Solstice Advanced Mat during the fourth quarter worth about $40,000.

Analyst Ratings Changes

Several equities research analysts have commented on SOLS shares. Vertical Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price objective for the company in a research note on Wednesday, January 7th. Mizuho set a $80.00 target price on Solstice Advanced Mat in a report on Friday, February 13th. UBS Group cut Solstice Advanced Mat from a “buy” rating to a “neutral” rating and set a $87.00 price objective on the stock. in a research report on Monday, April 13th. Weiss Ratings upgraded Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, February 23rd. Finally, Zacks Research raised shares of Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $67.00.

Solstice Advanced Mat Price Performance

Shares of NASDAQ SOLS opened at $81.34 on Thursday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.39 and a quick ratio of 0.98. The stock has a market cap of $12.92 billion and a PE ratio of 312.85. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $84.44. The company’s fifty day moving average price is $77.10.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.14). The company had revenue of $987.00 million during the quarter, compared to the consensus estimate of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, equities analysts expect that Solstice Advanced Mat will post 2.66 EPS for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were paid a $0.075 dividend. The ex-dividend date was Tuesday, February 24th. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio (DPR) is presently 115.38%.

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.