Heritage Investors Management Corp Makes New Investment in Solstice Advanced Mat $SOLS

Heritage Investors Management Corp purchased a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,616 shares of the company’s stock, valued at approximately $710,000.

Other institutional investors have also modified their holdings of the company. DiNuzzo Private Wealth Inc. purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $26,000. Hoey Investments Inc. purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $27,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $27,000. JNBA Financial Advisors purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $29,000. Finally, Motco purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $30,000.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on SOLS. Zacks Research raised Solstice Advanced Mat to a “hold” rating in a research note on Friday, January 23rd. Weiss Ratings raised Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research note on Monday, February 23rd. Vertical Research lowered Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price target on the stock. in a research note on Thursday, May 14th. Mizuho set a $80.00 price target on Solstice Advanced Mat in a research note on Friday, February 13th. Finally, UBS Group upped their target price on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Two research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $73.60.

Solstice Advanced Mat Trading Up 3.0%

Shares of Solstice Advanced Mat stock opened at $81.76 on Friday. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $90.80. The firm has a market cap of $12.98 billion and a PE ratio of 91.87. The business’s fifty day moving average is $79.00 and its two-hundred day moving average is $65.14. The company has a quick ratio of 1.02, a current ratio of 1.43 and a debt-to-equity ratio of 1.40.

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 analysts’ consensus estimates of $0.60 by $0.03. The business had revenue of $991.00 million for the quarter, compared to analysts’ expectations of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. Analysts anticipate that Solstice Advanced Mat will post 2.61 earnings per share for the current year.

Solstice Advanced Mat Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders 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 of this dividend is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio is currently 33.71%.

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.