John G Ullman & Associates Inc. Buys New Shares in Solstice Advanced Mat $SOLS

John G Ullman & Associates Inc. bought a new stake in Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, HoldingsChannel.com reports. The firm bought 5,899 shares of the company’s stock, valued at approximately $287,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. purchased a new position in Solstice Advanced Mat in the fourth quarter valued at $26,000. Hoey Investments Inc. purchased a new position in Solstice Advanced Mat in the fourth quarter valued at $27,000. Kohmann Bosshard Financial Services LLC purchased a new position in Solstice Advanced Mat in the fourth quarter valued at $27,000. JNBA Financial Advisors purchased a new position in Solstice Advanced Mat in the fourth quarter valued at $29,000. Finally, Horizon Investments LLC purchased a new position in Solstice Advanced Mat in the fourth quarter valued at $31,000.

Solstice Advanced Mat Price Performance

Shares of NASDAQ SOLS opened at $85.11 on Monday. The stock has a market cap of $13.52 billion and a P/E ratio of 95.63. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.43 and a quick ratio of 1.02. The business’s 50-day simple moving average is $78.31. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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. As a group, equities research analysts expect that Solstice Advanced Mat will post 2.61 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

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

Wall Street Analyst Weigh In

A number of research firms recently issued reports on SOLS. UBS Group lifted their target price on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Zacks Research raised Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Weiss Ratings raised Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Vertical Research downgraded Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price target for the company. in a report on Thursday. Finally, Mizuho set a $80.00 price target on Solstice Advanced Mat in a report on Friday, February 13th. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, Solstice Advanced Mat has an average rating of “Hold” and an average target price of $73.60.

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.