LaFleur & Godfrey LLC Acquires Shares of 10,167 Solstice Advanced Mat $SOLS

LaFleur & Godfrey LLC purchased a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 10,167 shares of the company’s stock, valued at approximately $494,000.

A number of other institutional investors also recently bought and sold shares of SOLS. Palmer Knight Co purchased a new position in shares of Solstice Advanced Mat during the 4th quarter worth approximately $426,000. Broadwater Capital Management LLC purchased a new position in shares of Solstice Advanced Mat in the 4th quarter valued at approximately $72,000. BOKF NA bought a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at approximately $3,319,000. Matthew 25 Management Corp purchased a new stake in Solstice Advanced Mat in the fourth quarter worth $4,907,000. Finally, Nicholas Hoffman & Company LLC. purchased a new stake in Solstice Advanced Mat in the fourth quarter worth $240,000.

Solstice Advanced Mat Stock Performance

Shares of NASDAQ:SOLS opened at $83.56 on Wednesday. The stock has a 50-day moving average price of $77.33. The stock has a market capitalization of $13.27 billion and a PE ratio of 321.38. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $84.99. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.39 and a quick ratio of 0.98.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly 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. 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 2.66 earnings per share for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is 115.38%.

Analysts Set New Price Targets

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