Solstice Advanced Mat (NASDAQ:SOLS) Announces Earnings Results, Beats Expectations By $0.11 EPS

Solstice Advanced Mat (NASDAQ:SOLS) released its quarterly earnings results on Wednesday. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.11, FiscalAI reports. Solstice Advanced Mat had a net margin of 7.79% and a return on equity of 27.15%. The company had revenue of $1.05 billion during the quarter.

Here are the key takeaways from Solstice Advanced Mat’s conference call:

• Third-quarter sales rose 8% to about $1.05 billion, while adjusted EBITDA increased 13% to $265 million and margin expanded to 25.3%. Solstice raised full-year 2026 guidance for a second consecutive quarter, now forecasting adjusted EBITDA of $1.05 billion–$1.06 billion and adjusted EPS of $2.90–$2.95.
• Electronic materials sales surged 31%, supported by AI and data-center demand for deposition and thermal solutions; the company said customers are seeking additional supply. However, Spokane is currently capacity-constrained, and most benefits from its expansion are expected in 2028, with some incremental volume possible in 2027.
• Nuclear backlog reached $2.6 billion, with contracts extending through 2039, and debottlenecking at Metropolis is expected to lift production above 10,000 tons this year, with potential for another 1,000–2,000 tons. A larger expansion remains under evaluation and depends on customer commitments, government coordination, and attractive project economics.
• Refrigerant sales grew 8% as automotive and data-center demand offset weakness in residential HVAC; management expects modest year-over-year growth in the fourth quarter and anticipates market normalization in 2027. Building-related end markets remained soft, while Healthcare Packaging’s 24% growth partly reflected recovery from prior-year customer destocking.
• Strong cash generation supported $100 million of share repurchases in the quarter, and the company intends to substantially complete the remaining $400 million under its authorization by the end of the first quarter of 2027. Solstice also reported that its transition from legacy Honeywell services was completed ahead of schedule and under budget.

Solstice Advanced Mat Trading Up 6.2%

Shares of SOLS traded up $3.41 during mid-day trading on Friday, reaching $58.45. 1,205,222 shares of the company were exchanged, compared to its average volume of 2,793,753. The business has a 50 day simple moving average of $59.91 and a two-hundred day simple moving average of $69.94. 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 $9.29 billion and a PE ratio of 28.65. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.08 and a current ratio of 1.38.

Solstice Advanced Mat Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 25th will be given a $0.0750 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Wednesday, November 25th. Solstice Advanced Mat’s payout ratio is 14.71%.

Institutional Trading of Solstice Advanced Mat

A number of large investors have recently bought and sold shares of SOLS. Carnegie Investment Counsel purchased a new stake in Solstice Advanced Mat during the first quarter worth $2,628,000. Squarepoint Ops LLC bought a new stake in Solstice Advanced Mat during the 2nd quarter valued at $11,692,000. Tidal Investments LLC purchased a new position in shares of Solstice Advanced Mat in the 2nd quarter valued at $7,262,000. State Street Corp purchased a new position in shares of Solstice Advanced Mat in the 2nd quarter valued at $448,557,000. Finally, Equitable Holdings Inc. purchased a new position in shares of Solstice Advanced Mat in the 2nd quarter valued at $990,000.

Analyst Ratings Changes

A number of brokerages have recently issued reports on SOLS. Seaport Research Partners assumed coverage on Solstice Advanced Mat in a research note on Wednesday, October 7th. They set a “buy” rating and a $80.00 price objective on the stock. Zacks Research lowered shares of Solstice Advanced Mat from a “strong-buy” rating to a “hold” rating in a research note on Monday, September 28th. Truist Financial set a $75.00 price target on shares of Solstice Advanced Mat and gave the company a “buy” rating in a report on Thursday, July 9th. Vertical Research upgraded shares of 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. Finally, UBS Group cut their price objective on shares of Solstice Advanced Mat from $80.00 to $76.00 and set a “buy” rating for the company in a research report on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Solstice Advanced Mat presently has an average rating of “Moderate Buy” and a consensus target price of $77.30.

Solstice Advanced Mat Company Profile

Solstice Advanced Materials, Inc (NASDAQ:SOLS) is a specialty materials company that develops and manufactures engineered materials and chemical technologies for industrial and commercial applications. The company was established as an independent public company following the separation of Honeywell’s Advanced Materials business.

Its portfolio includes fluorine-based products, specialty films, advanced fibers, resins, additives, and other performance materials. These products are used in areas such as refrigeration and air conditioning, healthcare and pharmaceutical packaging, electronics and semiconductors, transportation, aerospace, and protective equipment.

Solstice Advanced Materials serves customers across global markets through a portfolio that includes Solstice refrigerants and blowing agents, Aclar specialty pharmaceutical films, and Spectra high-performance fibers.