Sheets Smith Wealth Management Takes Position in Solstice Advanced Mat $SOLS

Sheets Smith Wealth Management acquired a new stake in Solstice Advanced Mat (NASDAQ:SOLS) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 22,199 shares of the company’s stock, valued at approximately $1,967,000.

Other hedge funds have also added to or reduced their stakes in the company. Westerkirk Capital Inc. acquired a new position in Solstice Advanced Mat in the 4th quarter valued at approximately $25,000. Global Trust Asset Management LLC acquired a new position in shares of Solstice Advanced Mat during the first quarter worth $26,000. Heritage Wealth Advisors bought a new stake in shares of Solstice Advanced Mat in the fourth quarter worth $26,000. Princeton Global Asset Management LLC bought a new stake in shares of Solstice Advanced Mat in the first quarter worth $27,000. Finally, Manning & Napier Advisors LLC acquired a new stake in Solstice Advanced Mat in the second quarter valued at $27,000.

Analyst Upgrades and Downgrades

SOLS has been the topic of a number of analyst reports. Wall Street Zen lowered Solstice Advanced Mat from a “buy” rating to a “hold” rating in a research report on Saturday. TD Cowen started coverage on Solstice Advanced Mat in a research report on Monday, June 8th. They set a “hold” rating and a $90.00 price objective for the company. Truist Financial set a $75.00 price objective on Solstice Advanced Mat and gave the stock a “buy” rating in a research note on Thursday, July 9th. Morgan Stanley cut Solstice Advanced Mat to a “buy” rating in a report on Monday, July 13th. Finally, Weiss Ratings raised shares of Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Solstice Advanced Mat presently has an average rating of “Moderate Buy” and a consensus price target of $78.25.

Key Stories Impacting Solstice Advanced Mat

Here are the key news stories impacting Solstice Advanced Mat this week:

• Positive Sentiment: Merger termination removes deal-related concerns. Solstice and Element Solutions mutually agreed to end their cash-and-stock merger after shareholder feedback. The decision eliminates a large, complex transaction and signals that management and the boards believe Solstice is better positioned as a standalone company. Neither side will pay a termination fee. Solstice Announces Mutual Termination of Merger Agreement
• Positive Sentiment: $500 million share-repurchase authorization supports the stock. Solstice’s board approved the company’s first buyback program, giving management a way to return cash to investors and potentially reduce the share count. The authorization also addresses concerns that the Element transaction could have diluted shareholder value. Solstice Launches Share Buyback
• Positive Sentiment: 2026 outlook was reaffirmed. Management maintained its third-quarter and full-year 2026 guidance, reducing fears that ending the merger reflects weakening operating conditions. The company’s latest reported quarter also exceeded earnings expectations, with earnings per share of $0.88 versus a $0.79 consensus estimate.
• Neutral Sentiment: Analyst targets remain above the current trading level. Recent targets for SOLS have a median of $95, although targets are estimates rather than guarantees and may not reflect the newly standalone strategy. Analyst Price Targets for Solstice
• Negative Sentiment: Heavy put-option activity is a risk signal. Investors traded 16,453 put options, roughly 283% above average daily volume, suggesting some traders are positioning for downside or hedging after the sharp move. This activity does not necessarily indicate a fundamental deterioration.

Solstice Advanced Mat Stock Up 12.8%

Shares of Solstice Advanced Mat stock opened at $63.53 on Friday. The stock’s 50-day moving average is $64.99 and its 200 day moving average is $74.31. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $90.80. The firm has a market cap of $10.09 billion and a price-to-earnings ratio of 35.89. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.46 and a quick ratio of 1.08.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its earnings results on Thursday, July 30th. The company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.09. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%.The business had revenue of $1.15 billion during the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Equities research analysts anticipate that Solstice Advanced Mat will post 2.87 EPS for the current year.

Solstice Advanced Mat Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $0.30 annualized dividend and a dividend yield of 0.5%. Solstice Advanced Mat’s dividend payout ratio (DPR) is 16.95%.

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.