WINTON GROUP Ltd Buys New Position in Solstice Advanced Mat $SOLS

WINTON GROUP Ltd bought a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 531,935 shares of the company’s stock, valued at approximately $25,841,000. Solstice Advanced Mat makes up 0.9% of WINTON GROUP Ltd’s holdings, making the stock its 7th biggest position.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. DiNuzzo Private Wealth Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at about $26,000. Hoey Investments Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at about $27,000. JNBA Financial Advisors acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at about $29,000. Finally, Motco acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at about $30,000.

Solstice Advanced Mat Price Performance

NASDAQ SOLS opened at $81.02 on Friday. The stock has a market capitalization of $12.87 billion and a P/E ratio of 91.03. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $90.80. The business’s fifty day moving average is $81.33 and its two-hundred day moving average is $67.85. 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 posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.60 by $0.03. The company 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. On average, research analysts forecast that Solstice Advanced Mat will post 2.61 earnings per share for the current fiscal year.

Solstice Advanced Mat Announces Dividend

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on SOLS shares. BMO Capital Markets lifted their price target on shares of Solstice Advanced Mat from $92.00 to $101.00 and gave the stock an “outperform” rating in a research report on Friday. Mizuho set a $80.00 price target on Solstice Advanced Mat in a report on Friday, February 13th. Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Solstice Advanced Mat in a report on Friday, May 22nd. Finally, Royal Bank Of Canada upped their price target on Solstice Advanced Mat from $94.00 to $100.00 and gave the company an “outperform” rating in a report on Friday. Three 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 has an average rating of “Hold” and a consensus price target of $86.50.

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.