Solstice Advanced Mat Announces Dividend of $0.08 (NASDAQ:SOLS)

Solstice Advanced Mat (NASDAQ:SOLS) declared a dividend on Monday, February 9th, NASDAQ Dividends reports. Investors of record on Tuesday, February 24th will be given a dividend of 0.075 per share on Tuesday, March 10th. The ex-dividend date of this dividend is Tuesday, February 24th.

Solstice Advanced Mat Stock Up 2.8%

SOLS stock opened at $80.05 on Friday. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $84.44. The company has a market capitalization of $12.71 billion and a price-to-earnings ratio of 307.88. The company’s fifty day simple moving average is $59.74. The company has a quick ratio of 0.98, a current ratio of 1.39 and a debt-to-equity ratio of 1.50.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.14). The firm had revenue of $987.00 million for the quarter, compared to analysts’ expectations of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SOLS. Sunbelt Securities Inc. purchased a new position in Solstice Advanced Mat in the fourth quarter worth $332,000. Invesco Ltd. purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter valued at $21,682,000. Corient Private Wealth LLC acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter worth $4,444,000. Creek Drive Management Group LLC acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter worth $301,000. Finally, Ameriflex Group Inc. purchased a new position in Solstice Advanced Mat during the 4th quarter worth $42,000.

Solstice Advanced Mat Company 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.