Solstice Advanced Mat Sees Unusually Large Options Volume (NASDAQ:SOLS)

Solstice Advanced Mat (NASDAQ:SOLS) was the recipient of unusually large options trading on Monday. Investors purchased 2,126 put options on the stock. This represents an increase of 23% compared to the average volume of 1,722 put options.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on SOLS. Vertical Research raised shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a report on Wednesday, January 7th. Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a research note on Friday, February 13th. Weiss Ratings started coverage on shares of Solstice Advanced Mat in a report on Thursday, January 15th. They issued a “sell (d+)” rating on the stock. Wall Street Zen lowered Solstice Advanced Mat from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. Finally, Alembic Global Advisors started coverage on Solstice Advanced Mat in a research report on Monday, December 1st. They set an “overweight” rating and a $60.00 price target on the stock. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Solstice Advanced Mat currently has a consensus rating of “Hold” and an average price target of $67.00.

Solstice Advanced Mat Price Performance

SOLS opened at $78.55 on Tuesday. The firm has a 50 day simple moving average of $60.34. The company has a current ratio of 1.39, a quick ratio of 0.98 and a debt-to-equity ratio of 1.50. The firm has a market cap of $12.47 billion and a PE ratio of 302.12. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $84.44.

Solstice Advanced Mat (NASDAQ:SOLS) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.14). The firm had revenue of $987.00 million during the quarter, compared to the consensus estimate 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 declared a dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th will be given a dividend of $0.075 per share. The ex-dividend date is Tuesday, February 24th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in SOLS. Westerkirk Capital Inc. bought a new stake in shares of Solstice Advanced Mat in the 4th quarter worth $25,000. DiNuzzo Private Wealth Inc. acquired a new position in Solstice Advanced Mat during the fourth quarter worth about $26,000. Heritage Wealth Advisors bought a new stake in Solstice Advanced Mat in the fourth quarter worth about $26,000. Hoey Investments Inc. bought a new stake in Solstice Advanced Mat in the fourth quarter worth about $27,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at about $27,000.

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.