6,671 Shares in Solstice Advanced Mat $SOLS Bought by Blue Trust Inc.

Blue Trust Inc. bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,671 shares of the company’s stock, valued at approximately $324,000.

A number of other institutional investors have also added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. acquired a new position in Solstice Advanced Mat during the fourth quarter worth $26,000. Bernard Wealth Management Corp. acquired a new position in Solstice Advanced Mat during the fourth quarter worth $58,000. Tradewinds Capital Management LLC acquired a new position in Solstice Advanced Mat during the fourth quarter worth $89,000. PFS Partners LLC acquired a new position in Solstice Advanced Mat during the fourth quarter worth $98,000. Finally, Spirit of America Management Corp NY acquired a new position in Solstice Advanced Mat during the fourth quarter worth $107,000.

Solstice Advanced Mat Stock Performance

Shares of Solstice Advanced Mat stock opened at $78.03 on Tuesday. The company has a 50-day simple moving average of $73.28. The company has a market capitalization of $12.39 billion and a PE ratio of 300.12. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $84.44. 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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The firm had revenue of $987.00 million for 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were given a dividend of $0.075 per share. The ex-dividend date of this dividend was Tuesday, February 24th. This represents a $0.30 annualized dividend and a yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio is currently 115.38%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Vertical Research upgraded 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. UBS Group reiterated a “buy” rating and issued a $87.00 price objective on shares of Solstice Advanced Mat in a report on Thursday, February 12th. Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a report on Friday, February 13th. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Finally, Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Four investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $67.00.

Solstice Advanced Mat 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.