Solstice Advanced Mat Target of Unusually High Options Trading (NASDAQ:SOLS)

Solstice Advanced Mat (NASDAQ:SOLS) saw unusually large options trading activity on Monday. Traders purchased 2,126 put options on the company. This represents an increase of 23% compared to the typical daily volume of 1,722 put options.

Solstice Advanced Mat Price Performance

Shares of NASDAQ SOLS traded down $1.30 during midday trading on Monday, hitting $78.75. 386,870 shares of the company’s stock were exchanged, compared to its average volume of 3,021,841. Solstice Advanced Mat has a twelve month low of $40.43 and a twelve month high of $84.44. The stock has a market cap of $12.50 billion and a price-to-earnings ratio of 302.88. The business’s 50 day moving average is $59.74. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.98 and a current ratio of 1.39.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.14). The business had revenue of $987.00 million during the quarter, compared to analysts’ expectations of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

Solstice Advanced Mat Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th will be paid a dividend of $0.075 per share. The ex-dividend date is Tuesday, February 24th.

Hedge Funds Weigh In On Solstice Advanced Mat

Large investors have recently bought and sold shares of the stock. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter worth approximately $2,259,000. Parsons Capital Management Inc. RI acquired a new position in shares of Solstice Advanced Mat during the fourth quarter valued at approximately $625,000. JFS Wealth Advisors LLC bought a new stake in Solstice Advanced Mat during the fourth quarter worth approximately $121,000. Pathway Financial Advisors LLC acquired a new stake in Solstice Advanced Mat in the fourth quarter worth approximately $337,000. Finally, Tradewinds Capital Management LLC bought a new position in Solstice Advanced Mat during the 4th quarter valued at $89,000.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SOLS shares. Royal Bank Of Canada raised shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Weiss Ratings started coverage on Solstice Advanced Mat in a report on Thursday, January 15th. They set a “sell (d+)” rating for the company. Alembic Global Advisors assumed coverage on Solstice Advanced Mat in a report on Monday, December 1st. They issued an “overweight” rating and a $60.00 price target on the stock. Wall Street Zen lowered Solstice Advanced Mat from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Finally, UBS Group reaffirmed a “buy” rating and issued a $87.00 target price on shares of Solstice Advanced Mat in a research report on Thursday, February 12th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $67.00.

About Solstice Advanced Mat

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.