Solstice Advanced Mat (NASDAQ:SOLS) Upgraded by Wall Street Zen to “Buy” Rating

Wall Street Zen upgraded shares of Solstice Advanced Mat (NASDAQ:SOLS) from a hold rating to a buy rating in a research report sent to investors on Saturday morning.

Other equities analysts also recently issued reports about the company. Morgan Stanley downgraded Solstice Advanced Mat to a “buy” rating in a research note on Monday, July 13th. Royal Bank Of Canada dropped their price target on Solstice Advanced Mat from $102.00 to $82.00 and set an “outperform” rating on the stock in a research report on Friday, July 31st. Weiss Ratings upgraded Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. UBS Group boosted their price objective on Solstice Advanced Mat from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Finally, Truist Financial set a $75.00 target price on Solstice Advanced Mat and gave the stock a “buy” rating in a research report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $78.25.

Solstice Advanced Mat Stock Performance

SOLS stock opened at $62.65 on Friday. The company has a current ratio of 1.46, a quick ratio of 1.08 and a debt-to-equity ratio of 1.30. The firm has a market cap of $9.95 billion and a P/E ratio of 35.40. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80. The stock’s 50 day simple moving average is $69.98 and its 200 day simple moving average is $74.72.

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 net margin of 5.13% and a return on equity of 14.28%. The company had revenue of $1.15 billion for the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. As a group, equities research analysts predict that Solstice Advanced Mat will post 2.87 EPS for the current year.

Solstice Advanced Mat Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th will be paid a $0.075 dividend. 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 payout ratio is currently 16.95%.

Institutional Trading of Solstice Advanced Mat

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. KBC Group NV acquired a new position in Solstice Advanced Mat in the fourth quarter worth approximately $211,000. CWM LLC acquired a new position in shares of Solstice Advanced Mat in the 4th quarter worth $557,000. JNBA Financial Advisors acquired a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $29,000. Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $4,796,000. Finally, Whittier Trust Co. acquired a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $3,506,000.

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.