Swiss Life Asset Management Ltd Buys Shares of 7,559 Solstice Advanced Mat $SOLS

Swiss Life Asset Management Ltd bought a new stake in Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,559 shares of the company’s stock, valued at approximately $367,000.

Several other hedge funds have also recently made changes to their positions in the company. DiNuzzo Private Wealth Inc. bought a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at $26,000. Hoey Investments Inc. bought a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at $27,000. JNBA Financial Advisors bought a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at $29,000. Finally, Horizon Investments LLC bought a new stake in shares of Solstice Advanced Mat in the fourth quarter valued at $31,000.

Analyst Ratings Changes

SOLS has been the topic of several research reports. Royal Bank Of Canada upgraded Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, January 20th. Wall Street Zen upgraded Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Mizuho set a $80.00 target price on Solstice Advanced Mat in a research note on Friday, February 13th. Weiss Ratings upgraded Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Finally, UBS Group lifted their price target on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Solstice Advanced Mat currently has an average rating of “Hold” and a consensus target price of $73.60.

Solstice Advanced Mat Stock Down 3.6%

Solstice Advanced Mat stock opened at $82.07 on Tuesday. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $90.80. The business’s 50-day simple moving average is $78.41. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43. The stock has a market capitalization of $13.03 billion and a PE ratio of 92.21.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its earnings results on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, topping the consensus estimate of $0.60 by $0.03. The business had revenue of $991.00 million for the quarter, compared to analysts’ expectations of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. On average, research analysts anticipate that Solstice Advanced Mat will post 2.61 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be issued a dividend of $0.075 per share. The ex-dividend date is Wednesday, May 27th. This represents a $0.30 annualized dividend and a yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio is currently 33.71%.

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.