Solstice Advanced Mat (NASDAQ:SOLS) Announces Earnings Results

Solstice Advanced Mat (NASDAQ:SOLS) issued its earnings results on Wednesday. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.11, FiscalAI reports. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%. The firm had revenue of $1.05 billion for the quarter.

Here are the key takeaways from Solstice Advanced Mat’s conference call:

• Third-quarter sales rose 8% to about $1.05 billion, while adjusted EBITDA increased 13% to $265 million and margin expanded to 25.3%. Solstice raised full-year 2026 guidance for a second consecutive quarter, now forecasting adjusted EBITDA of $1.05 billion–$1.06 billion and adjusted EPS of $2.90–$2.95.
• Electronic materials sales surged 31%, supported by AI and data-center demand for deposition and thermal solutions; the company said customers are seeking additional supply. However, Spokane is currently capacity-constrained, and most benefits from its expansion are expected in 2028, with some incremental volume possible in 2027.
• Nuclear backlog reached $2.6 billion, with contracts extending through 2039, and debottlenecking at Metropolis is expected to lift production above 10,000 tons this year, with potential for another 1,000–2,000 tons. A larger expansion remains under evaluation and depends on customer commitments, government coordination, and attractive project economics.
• Refrigerant sales grew 8% as automotive and data-center demand offset weakness in residential HVAC; management expects modest year-over-year growth in the fourth quarter and anticipates market normalization in 2027. Building-related end markets remained soft, while Healthcare Packaging’s 24% growth partly reflected recovery from prior-year customer destocking.
• Strong cash generation supported $100 million of share repurchases in the quarter, and the company intends to substantially complete the remaining $400 million under its authorization by the end of the first quarter of 2027. Solstice also reported that its transition from legacy Honeywell services was completed ahead of schedule and under budget.

Solstice Advanced Mat Stock Performance

NASDAQ:SOLS traded down $2.15 during trading hours on Thursday, hitting $55.55. 1,800,729 shares of the company traded hands, compared to its average volume of 2,789,011. The company has a current ratio of 1.46, a quick ratio of 1.08 and a debt-to-equity ratio of 1.30. The stock has a market capitalization of $8.82 billion and a price-to-earnings ratio of 31.38. The firm has a 50-day moving average of $59.94 and a 200 day moving average of $69.97. Solstice Advanced Mat has a twelve month low of $40.43 and a twelve month high of $90.80.

Solstice Advanced Mat Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 25th will be given a dividend of $0.0750 per share. The ex-dividend date of this dividend is Wednesday, November 25th. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. Solstice Advanced Mat’s payout ratio is 16.95%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SOLS. Lido Advisors LLC lifted its stake in shares of Solstice Advanced Mat by 19.3% in the third quarter. Lido Advisors LLC now owns 41,900 shares of the company’s stock worth $2,360,000 after acquiring an additional 6,775 shares during the period. New York Life Investment Management LLC bought a new stake in shares of Solstice Advanced Mat during the third quarter valued at approximately $211,000. Allspring Global Investments Holdings LLC bought a new stake in Solstice Advanced Mat during the 3rd quarter valued at $58,087,000. Ethic Inc. raised its holdings in shares of Solstice Advanced Mat by 146.1% in the 3rd quarter. Ethic Inc. now owns 8,740 shares of the company’s stock worth $492,000 after acquiring an additional 5,189 shares during the last quarter. Finally, CenterBook Partners LP purchased a new stake in shares of Solstice Advanced Mat in the third quarter worth approximately $5,135,000.

Analysts Set New Price Targets

A number of analysts have issued reports on SOLS shares. Wall Street Zen cut shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Jefferies Financial Group began coverage on Solstice Advanced Mat in a report on Thursday, September 3rd. They set a “buy” rating and a $86.00 price objective on the stock. Truist Financial set a $75.00 price objective on Solstice Advanced Mat and gave the company a “buy” rating in a research note on Thursday, July 9th. Royal Bank Of Canada restated an “outperform” rating and issued a $82.00 target price on shares of Solstice Advanced Mat in a report on Wednesday, September 30th. Finally, BMO Capital Markets reaffirmed an “outperform” rating and set a $87.00 target price on shares of Solstice Advanced Mat in a research report on Wednesday, October 21st. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $77.30.

Key Headlines Impacting Solstice Advanced Mat

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

• Positive Sentiment: Q3 net sales rose 8% year over year to $1.046 billion, exceeding guidance. Adjusted EPS was $0.80, above the $0.69 consensus estimate, while adjusted EBITDA margin improved by 109 basis points to 25.3%. Solstice Advanced Materials Reports Third Quarter 2026 Results
• Positive Sentiment: The company raised its full-year 2026 guidance, now forecasting $4.195–$4.220 billion in sales, $1.050–$1.060 billion in adjusted EBITDA, and adjusted EPS of $2.90–$2.95. It cited strength in electronic materials, refrigerants, and healthcare packaging, with AI-related power demand helping support growth in electronic materials. Solstice beats Q3 estimates, raises 2026 outlook
• Positive Sentiment: Solstice returned $112 million to shareholders in Q3, including $100 million in buybacks, and said it intends to substantially complete its $500 million repurchase authorization by the end of the first quarter of 2027. The board also declared a quarterly dividend of $0.075 per share. Solstice Advanced Materials declares dividend
• Negative Sentiment: Despite the earnings beat and higher annual guidance, coverage characterized the Q4 outlook as a miss versus expectations. Concern about near-term performance may have overshadowed the strong quarter and contributed to the stock’s decline. Solstice beats Q3 estimates, raises 2026 outlook despite Q4 miss

Solstice Advanced Mat Company Profile

Solstice Advanced Materials, Inc (NASDAQ:SOLS) is a specialty materials company that develops and manufactures engineered materials and chemical technologies for industrial and commercial applications. The company was established as an independent public company following the separation of Honeywell’s Advanced Materials business.

Its portfolio includes fluorine-based products, specialty films, advanced fibers, resins, additives, and other performance materials. These products are used in areas such as refrigeration and air conditioning, healthcare and pharmaceutical packaging, electronics and semiconductors, transportation, aerospace, and protective equipment.

Solstice Advanced Materials serves customers across global markets through a portfolio that includes Solstice refrigerants and blowing agents, Aclar specialty pharmaceutical films, and Spectra high-performance fibers.