Roffman Miller Associates Inc. PA bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS – Free Report) during the 2nd quarter, Holdings Channel reports. The institutional investor bought 25,117 shares of the company’s stock, valued at approximately $2,225,000.
Several other institutional investors have also recently added to or reduced their stakes in the business. Westerkirk Capital Inc. acquired a new position in Solstice Advanced Mat in the fourth quarter valued at approximately $25,000. Global Trust Asset Management LLC acquired a new stake in Solstice Advanced Mat during the first quarter worth approximately $26,000. Heritage Wealth Advisors purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $26,000. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $27,000. Finally, Princeton Global Asset Management LLC acquired a new position in shares of Solstice Advanced Mat in the 1st quarter valued at $27,000.
Analysts Set New Price Targets
A number of research firms recently commented on SOLS. Royal Bank Of Canada dropped their target price on shares of 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. UBS Group boosted their price target on shares of Solstice Advanced Mat from $78.00 to $80.00 and gave the company a “buy” rating in a research report on Friday, July 31st. BMO Capital Markets decreased their price objective on shares of Solstice Advanced Mat from $101.00 to $90.00 and set an “outperform” rating for the company in a research note on Thursday, July 16th. Wall Street Zen lowered Solstice Advanced Mat from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Zacks Research upgraded Solstice Advanced Mat from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $78.25.
More Solstice Advanced Mat News
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 Performance
Shares of SOLS opened at $63.53 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 $10.09 billion and a PE ratio of 35.89. The company’s 50 day simple moving average is $64.99 and its 200-day simple moving average is $74.31. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80.
Solstice Advanced Mat (NASDAQ:SOLS – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $0.88 EPS for the quarter, beating 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 business 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 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. Shareholders of record on Thursday, August 27th will be paid a $0.075 dividend. The ex-dividend date is Thursday, August 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. Solstice Advanced Mat’s payout ratio is currently 16.95%.
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.
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