7,380 Shares in Solstice Advanced Mat $SOLS Bought by World Investment Advisors

World Investment Advisors bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 7,380 shares of the company’s stock, valued at approximately $335,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. DiNuzzo Private Wealth Inc. acquired a new position in shares of Solstice Advanced Mat during the fourth quarter worth $26,000. Hoey Investments Inc. acquired a new position in Solstice Advanced Mat in the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Solstice Advanced Mat during the fourth quarter worth about $27,000. JNBA Financial Advisors purchased a new position in shares of Solstice Advanced Mat during the fourth quarter worth about $29,000. Finally, Horizon Investments LLC purchased a new position in shares of Solstice Advanced Mat during the fourth quarter worth about $31,000.

Solstice Advanced Mat Price Performance

Shares of SOLS opened at $79.38 on Friday. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $90.80. The company has a market capitalization of $12.61 billion and a price-to-earnings ratio of 89.19. The firm has a 50-day simple moving average of $78.87 and a 200-day simple moving average of $65.03. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.03. The business had revenue of $991.00 million for 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, equities research analysts anticipate that Solstice Advanced Mat will post 2.61 earnings per share for the current year.

Solstice Advanced Mat Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on SOLS shares. Mizuho set a $80.00 price objective on Solstice Advanced Mat in a report on Friday, February 13th. UBS Group raised their price objective on Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Weiss Ratings raised Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Finally, Vertical Research lowered Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price objective on the stock. in a report on Thursday, May 14th. Two analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $73.60.

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.