FARMERS & MERCHANTS TRUST Co OF LONG BEACH Purchases New Holdings in Solstice Advanced Mat $SOLS

FARMERS & MERCHANTS TRUST Co OF LONG BEACH purchased a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 6,173 shares of the company’s stock, valued at approximately $300,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. DiNuzzo Private Wealth Inc. purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at approximately $26,000. Hoey Investments Inc. purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at approximately $27,000. JNBA Financial Advisors purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at approximately $29,000. Financial Perspectives Inc purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at approximately $35,000. Finally, Peoples Financial Services CORP. purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at approximately $37,000.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Royal Bank Of Canada raised Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Vertical Research raised Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price target for the company in a research report on Wednesday, January 7th. Weiss Ratings raised Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Zacks Research raised Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. Finally, Wall Street Zen downgraded Solstice Advanced Mat from a “hold” rating to a “sell” rating in a research report on Saturday. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $67.00.

Solstice Advanced Mat Price Performance

Solstice Advanced Mat stock opened at $81.30 on Monday. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $84.44. The stock has a fifty day moving average of $77.22. The company has a quick ratio of 0.98, a current ratio of 1.39 and a debt-to-equity ratio of 1.50. The company has a market capitalization of $12.91 billion and a price-to-earnings ratio of 312.69.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The firm 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. Sell-side analysts expect that Solstice Advanced Mat will post 2.66 earnings per share for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Tuesday, February 24th were issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, February 24th. Solstice Advanced Mat’s dividend payout ratio (DPR) is presently 115.38%.

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.