Traders Purchase Large Volume of Solstice Advanced Mat Put Options (NASDAQ:SOLS)

Solstice Advanced Mat (NASDAQ:SOLS) was the recipient of some unusual options trading on Friday. Stock traders purchased 16,453 put options on the company. This is an increase of approximately 283% compared to the average volume of 4,293 put options.

Hedge Funds Weigh In On Solstice Advanced Mat

Several hedge funds and other institutional investors have recently modified their holdings of SOLS. CWM LLC bought a new stake in Solstice Advanced Mat in the fourth quarter valued at $557,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at $1,815,000. Arizona State Retirement System acquired a new stake in shares of Solstice Advanced Mat in the 4th quarter valued at $2,175,000. Concurrent Investment Advisors LLC bought a new stake in shares of Solstice Advanced Mat in the 4th quarter worth about $479,000. Finally, Vanguard Group Inc. bought a new stake in shares of Solstice Advanced Mat in the 4th quarter worth about $893,275,000.

Solstice Advanced Mat Price Performance

Shares of Solstice Advanced Mat stock traded up $7.38 during trading on Friday, hitting $63.72. 11,099,868 shares of the company’s stock traded hands, compared to its average volume of 2,895,533. The company has a market cap of $10.12 billion and a PE ratio of 36.00. The firm’s fifty day moving average price is $65.43 and its 200 day moving average price is $74.38. Solstice Advanced Mat has a twelve month low of $40.43 and a twelve month high of $90.80. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.46 and a quick ratio of 1.08.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.09. The firm had revenue of $1.15 billion during the quarter. Solstice Advanced Mat had a net margin of 5.13% and a return on equity of 14.28%. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Analysts forecast that Solstice Advanced Mat will post 2.87 earnings per share for the current year.

Solstice Advanced Mat Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.5%. Solstice Advanced Mat’s dividend payout ratio is presently 16.95%.

Key Headlines Impacting Solstice Advanced Mat

Here are the key news stories impacting Solstice Advanced Mat this week:

• Positive Sentiment: Solstice and Element Solutions mutually terminated their proposed merger, which would have involved Solstice acquiring Element in a transaction valued at more than $12 billion. The companies said the decision followed shareholder feedback and was in stakeholders’ best interests; neither side will pay a termination fee. Solstice Announces Mutual Termination of Merger Agreement
• Positive Sentiment: The board authorized Solstice’s first share-repurchase program, allowing the company to buy back up to $500 million of common stock. The authorization signals confidence in cash generation and gives investors a direct potential return of capital. Solstice Launches Share Buyback
• Positive Sentiment: Management reaffirmed third-quarter and full-year 2026 guidance, including its previously increased outlook. Maintaining the forecast after ending the merger suggests Solstice believes its standalone financial position remains solid. Solstice Rises After Ending Element Deal
• Neutral Sentiment: Analysts’ price targets remain well above the recent trading level, with a reported median target of $95, although targets are not guarantees and may take time to be reflected in the stock.
• Negative Sentiment: Trading in SOLS puts was unusually active, with 16,453 contracts purchased—about 283% above typical daily volume—indicating that some traders are positioning for downside or increased volatility.

Analysts Set New Price Targets

SOLS has been the subject of a number of research analyst reports. Royal Bank Of Canada cut their price target on Solstice Advanced Mat from $102.00 to $82.00 and set an “outperform” rating for the company in a report on Friday, July 31st. Truist Financial set a $75.00 target price on shares of Solstice Advanced Mat and gave the company a “buy” rating in a research note on Thursday, July 9th. BMO Capital Markets reduced their price target on shares of Solstice Advanced Mat from $101.00 to $90.00 and set an “outperform” rating for the company in a report on Thursday, July 16th. Wall Street Zen upgraded shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating in a research note on Saturday, August 15th. Finally, Mizuho decreased their target price on Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 15th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $78.25.

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.