Solstice Advanced Mat (NASDAQ:SOLS) Given Average Rating of “Hold” by Analysts

Shares of Solstice Advanced Mat (NASDAQ:SOLS) have received a consensus recommendation of “Hold” from the eight research firms that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $86.50.

Several brokerages have recently commented on SOLS. Vertical Research lowered Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price objective for the company. in a report on Thursday, May 14th. BMO Capital Markets boosted their price objective on Solstice Advanced Mat from $92.00 to $101.00 and gave the stock an “outperform” rating in a report on Friday. Weiss Ratings reissued a “hold (c)” rating on shares of Solstice Advanced Mat in a report on Friday, May 22nd. Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Finally, Royal Bank Of Canada boosted their price objective on Solstice Advanced Mat from $94.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday.

Institutional Trading of Solstice Advanced Mat

Hedge funds and other institutional investors have recently bought and sold shares of the company. Ferguson Wellman Capital Management Inc. bought a new stake in Solstice Advanced Mat in the fourth quarter valued at approximately $2,259,000. Parsons Capital Management Inc. RI bought a new stake in Solstice Advanced Mat in the fourth quarter valued at approximately $625,000. JFS Wealth Advisors LLC bought a new stake in Solstice Advanced Mat in the fourth quarter valued at approximately $121,000. Pathway Financial Advisors LLC bought a new stake in Solstice Advanced Mat in the fourth quarter valued at approximately $337,000. Finally, Tradewinds Capital Management LLC bought a new stake in Solstice Advanced Mat in the fourth quarter valued at approximately $89,000.

Solstice Advanced Mat Stock Performance

Shares of SOLS stock opened at $81.02 on Friday. The firm has a market cap of $12.87 billion and a price-to-earnings ratio of 91.03. 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 has a 52 week low of $40.43 and a 52 week high of $90.80. The firm’s 50-day simple moving average is $81.33 and its two-hundred day simple moving average is $67.85.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 earnings per share (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 the consensus estimate of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, equities analysts forecast that Solstice Advanced Mat will post 2.61 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

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

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.