Beacon Investment Advisory Services Inc. Makes New Investment in Solstice Advanced Mat $SOLS

Beacon Investment Advisory Services Inc. purchased a new stake in Solstice Advanced Mat (NASDAQ:SOLS) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 10,139 shares of the company’s stock, valued at approximately $493,000.

Several other institutional investors have also modified their holdings of SOLS. Ferguson Wellman Capital Management Inc. purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $2,259,000. Exchange Traded Concepts LLC purchased a new position in Solstice Advanced Mat in the fourth quarter valued at $1,215,000. Parsons Capital Management Inc. RI acquired a new position in Solstice Advanced Mat during the 4th quarter worth $625,000. Chesley Taft & Associates LLC acquired a new position in Solstice Advanced Mat during the 4th quarter worth $456,000. Finally, Pathway Financial Advisors LLC acquired a new position in Solstice Advanced Mat during the 4th quarter worth $337,000.

Solstice Advanced Mat Price Performance

Solstice Advanced Mat stock opened at $72.40 on Tuesday. The firm has a market capitalization of $11.49 billion and a PE ratio of 278.46. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.98 and a current ratio of 1.39. The company has a fifty day simple moving average of $71.84. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $84.44.

Solstice Advanced Mat (NASDAQ:SOLS) last released its quarterly earnings data 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 analyst estimates 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 firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Tuesday, February 24th were issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Tuesday, February 24th. Solstice Advanced Mat’s dividend payout ratio is 115.38%.

Analyst Ratings Changes

A number of research firms have issued reports on SOLS. Alembic Global Advisors assumed coverage on Solstice Advanced Mat in a research report on Monday, December 1st. They issued an “overweight” rating and a $60.00 price target on the stock. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a research note on Friday, January 23rd. Weiss Ratings raised shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Vertical Research upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price target for the company in a research note on Wednesday, January 7th. Finally, Royal Bank Of Canada upgraded shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, January 20th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $67.00.

Solstice Advanced Mat Company 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.