UBS Group AG Purchases Shares of 2,681,543 Solstice Advanced Mat $SOLS

UBS Group AG purchased a new stake in Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, Holdings Channel reports. The firm purchased 2,681,543 shares of the company’s stock, valued at approximately $130,269,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at $26,000. Hoey Investments Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at $27,000. JNBA Financial Advisors acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at $29,000. Financial Perspectives Inc acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at $35,000. Finally, Peoples Financial Services CORP. bought a new position in shares of Solstice Advanced Mat in the 4th quarter valued at about $37,000.

Solstice Advanced Mat Stock Performance

NASDAQ SOLS opened at $80.40 on Friday. The business’s 50-day moving average is $77.26. The company has a current ratio of 1.39, a quick ratio of 0.98 and a debt-to-equity ratio of 1.50. The firm has a market cap of $12.77 billion and a PE ratio of 309.21. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $84.44.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The firm had revenue of $987.00 million for the quarter, compared to the consensus estimate of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, analysts predict that Solstice Advanced Mat will post 2.66 EPS for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

The business 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. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is currently 115.38%.

Analyst Ratings Changes

A number of brokerages have recently commented on SOLS. UBS Group downgraded shares of Solstice Advanced Mat from a “buy” rating to a “neutral” rating and set a $87.00 price objective for the company. in a research report on Monday, April 13th. Weiss Ratings raised shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Vertical Research raised Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price target on the stock in a research report on Wednesday, January 7th. Royal Bank Of Canada raised Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Finally, Mizuho set a $80.00 price target on Solstice Advanced Mat in a research report on Friday, February 13th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Solstice Advanced Mat has an average rating of “Hold” and a consensus price target of $67.00.

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.