Solstice Advanced Mat (NASDAQ:SOLS) Receives Average Recommendation of “Hold” from Analysts

Shares of Solstice Advanced Mat (NASDAQ:SOLS) have been given a consensus rating of “Hold” by the ten research firms that are currently covering the firm, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $87.3750.

A number of equities research analysts have weighed in on SOLS shares. UBS Group lifted their price target on shares of Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a research note on Friday, May 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Solstice Advanced Mat in a research note on Friday, May 22nd. TD Cowen started coverage on shares of Solstice Advanced Mat in a research note on Monday, June 8th. They set a “hold” rating and a $90.00 price target on the stock. Royal Bank Of Canada lifted their price target on shares of Solstice Advanced Mat from $94.00 to $100.00 and gave the stock an “outperform” rating in a research note on Friday, June 5th. Finally, Mizuho set a $80.00 price target on shares of Solstice Advanced Mat in a research note on Friday, February 13th.

Institutional Investors Weigh In On Solstice Advanced Mat

Several institutional investors and hedge funds have recently made changes to their positions in SOLS. Vanguard Group Inc. acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at $893,275,000. State Street Corp acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at $245,276,000. Morgan Stanley acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at $195,151,000. Madison Avenue Partners LP acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at $135,172,000. Finally, UBS Group AG acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at $130,269,000.

Solstice Advanced Mat Trading Up 2.3%

Shares of Solstice Advanced Mat stock opened at $83.06 on Friday. The company’s fifty day simple moving average is $81.87 and its 200-day simple moving average is $69.17. The company has a market cap of $13.19 billion and a price-to-earnings ratio of 93.33. The company has a current ratio of 1.43, a quick ratio of 1.02 and a debt-to-equity ratio of 1.40. 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 data on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.03. The company 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. As a group, sell-side analysts expect that Solstice Advanced Mat will post 2.62 EPS for the current year.

Solstice Advanced Mat Dividend Announcement

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

About Solstice Advanced Mat

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.