Kerrisdale Advisers LLC Purchases Shares of 28,465 Solstice Advanced Mat $SOLS

Kerrisdale Advisers LLC purchased a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the 2nd quarter, Holdings Channel.com reports. The fund purchased 28,465 shares of the company’s stock, valued at approximately $2,522,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Vanguard Group Inc. bought a new position in shares of Solstice Advanced Mat in the fourth quarter valued at $893,275,000. State Street Corp bought a new stake in Solstice Advanced Mat during the fourth quarter worth $245,276,000. Morgan Stanley bought a new stake in Solstice Advanced Mat during the fourth quarter worth $195,151,000. Madison Avenue Partners LP acquired a new stake in Solstice Advanced Mat in the fourth quarter valued at $135,172,000. Finally, Norges Bank bought a new position in shares of Solstice Advanced Mat in the 4th quarter valued at about $128,368,000.

Key Headlines Impacting Solstice Advanced Mat

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 Price Performance

Shares of NASDAQ SOLS opened at $63.53 on Monday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.08 and a current ratio of 1.46. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $90.80. The stock has a market capitalization of $10.09 billion and a P/E ratio of 35.89. The stock’s fifty day moving average is $64.99 and its 200 day moving average is $74.37.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its earnings results on Thursday, July 30th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.79 by $0.09. The company had revenue of $1.15 billion during the quarter. Solstice Advanced Mat had a net margin of 5.13% and a return on equity of 14.28%. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Sell-side analysts forecast that Solstice Advanced Mat will post 2.87 earnings per share for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 27th will be paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is 16.95%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on SOLS shares. Wall Street Zen cut shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating in a report on Saturday. Vertical Research raised Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a research report on Wednesday, July 22nd. UBS Group lifted their price objective on shares of Solstice Advanced Mat from $78.00 to $80.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Mizuho cut their price objective on shares of Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating for the company in a research report on Wednesday, July 15th. Finally, Zacks Research raised Solstice Advanced Mat from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $78.25.

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.