Natixis Advisors LLC Takes Position in Solstice Advanced Mat $SOLS

Natixis Advisors LLC acquired a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLSFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 120,377 shares of the company’s stock, valued at approximately $5,848,000. Natixis Advisors LLC owned 0.08% of Solstice Advanced Mat at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. DiNuzzo Private Wealth Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at $26,000. Hoey Investments Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at $27,000. JNBA Financial Advisors acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at $29,000. Finally, Motco acquired a new stake in Solstice Advanced Mat in the 4th quarter valued at $30,000.

Solstice Advanced Mat Price Performance

Solstice Advanced Mat stock opened at $80.46 on Tuesday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43. The firm has a market cap of $12.78 billion and a P/E ratio of 90.40. The business’s fifty day moving average is $81.45 and its two-hundred day moving average is $68.30. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLSGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. The business had revenue of $991.00 million during the quarter, compared to analyst estimates of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. Equities research analysts forecast that Solstice Advanced Mat will post 2.61 earnings per share for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

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

Analyst Ratings Changes

Several brokerages recently commented on SOLS. Truist Financial began coverage on Solstice Advanced Mat in a research note on Monday. They issued a “hold” rating and a $90.00 price target on the stock. Royal Bank Of Canada boosted their price target on Solstice Advanced Mat from $94.00 to $100.00 and gave the company an “outperform” rating in a research note on Friday. Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Mizuho set a $80.00 price target on Solstice Advanced Mat in a research note on Friday, February 13th. Finally, UBS Group boosted their price target on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research note on Friday, May 8th. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $87.38.

Check Out Our Latest Report on Solstice Advanced Mat

About Solstice Advanced Mat

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Solstice Advanced Mat (NASDAQ:SOLS)

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