World Investment Advisors Acquires New Position in Solstice Advanced Mat $SOLS

World Investment Advisors acquired a new stake in Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,380 shares of the company’s stock, valued at approximately $335,000.

Other hedge funds have also recently added to or reduced their stakes in the company. DiNuzzo Private Wealth Inc. acquired a new stake in Solstice Advanced Mat in the fourth quarter valued at about $26,000. Hoey Investments Inc. acquired a new stake in Solstice Advanced Mat in the fourth quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Solstice Advanced Mat in the fourth quarter valued at about $27,000. JNBA Financial Advisors acquired a new stake in Solstice Advanced Mat in the fourth quarter valued at about $29,000. Finally, Horizon Investments LLC acquired a new stake in Solstice Advanced Mat in the fourth quarter valued at about $31,000.

Solstice Advanced Mat Trading Down 6.0%

Shares of Solstice Advanced Mat stock opened at $79.38 on Friday. The company has a current ratio of 1.43, a quick ratio of 1.02 and a debt-to-equity ratio of 1.40. The company has a 50-day moving average of $78.87 and a two-hundred day moving average of $65.03. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $90.80. The stock has a market cap of $12.61 billion and a PE ratio of 89.19.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 earnings per share 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. On average, research analysts anticipate that Solstice Advanced Mat will post 2.61 EPS for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is 33.71%.

Analyst Ratings Changes

A number of brokerages recently commented on SOLS. Wall Street Zen upgraded shares of Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. UBS Group increased their target price on shares of Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a report on Friday, May 8th. 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. Zacks Research raised shares of Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Finally, Mizuho set a $80.00 target price on shares of 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 assigned a Hold rating to the company. Based on data from MarketBeat, Solstice Advanced Mat currently has an average rating of “Hold” and an average price target of $73.60.

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.