BTIG Research Reiterates Buy Rating for Solventum (NYSE:SOLV)

Solventum (NYSE:SOLVGet Free Report)‘s stock had its “buy” rating restated by analysts at BTIG Research in a report issued on Friday,Benzinga reports. They presently have a $100.00 price target on the stock. BTIG Research’s target price suggests a potential upside of 29.45% from the stock’s current price.

SOLV has been the subject of several other reports. Stifel Nicolaus upped their target price on Solventum from $88.00 to $105.00 and gave the stock a “buy” rating in a report on Wednesday, January 7th. UBS Group reiterated a “neutral” rating on shares of Solventum in a report on Friday, November 21st. KeyCorp raised Solventum from a “sector weight” rating to an “overweight” rating and set a $97.00 price target on the stock in a research report on Monday, January 26th. Mizuho set a $100.00 price objective on shares of Solventum and gave the company an “outperform” rating in a research report on Tuesday, January 20th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Solventum in a report on Tuesday, January 27th. Seven equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Solventum presently has an average rating of “Hold” and an average target price of $91.36.

View Our Latest Report on Solventum

Solventum Stock Up 2.9%

SOLV stock opened at $77.25 on Friday. The stock has a market cap of $13.40 billion, a P/E ratio of 8.90, a PEG ratio of 6.90 and a beta of 0.35. The company has a quick ratio of 1.14, a current ratio of 1.50 and a debt-to-equity ratio of 1.03. The business’s 50-day moving average price is $78.73 and its 200-day moving average price is $76.19. Solventum has a twelve month low of $60.70 and a twelve month high of $88.20.

Solventum (NYSE:SOLVGet Free Report) last announced its quarterly earnings data on Thursday, February 26th. The company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.50 by $0.07. The business had revenue of $2 billion for the quarter, compared to the consensus estimate of $1.96 billion. Solventum had a return on equity of 28.01% and a net margin of 18.13%.The business’s revenue was down 3.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.41 earnings per share. Solventum has set its FY 2026 guidance at 6.400-6.600 EPS. On average, equities research analysts forecast that Solventum will post 6.58 EPS for the current year.

Solventum declared that its board has initiated a stock buyback plan on Thursday, November 20th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 7.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s leadership believes its stock is undervalued.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SOLV. Hilltop National Bank raised its holdings in shares of Solventum by 71.3% during the fourth quarter. Hilltop National Bank now owns 310 shares of the company’s stock valued at $25,000 after acquiring an additional 129 shares during the last quarter. CrossGen Wealth LLC purchased a new stake in shares of Solventum during the fourth quarter worth approximately $25,000. Measured Wealth Private Client Group LLC acquired a new position in Solventum in the 3rd quarter valued at $25,000. JNBA Financial Advisors lifted its holdings in Solventum by 205.4% in the 4th quarter. JNBA Financial Advisors now owns 339 shares of the company’s stock valued at $27,000 after purchasing an additional 228 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in Solventum during the 2nd quarter worth $28,000.

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About Solventum

(Get Free Report)

Solventum Corporation, a healthcare company, engages in the developing, manufacturing, and commercializing a portfolio of solutions to address critical customer and patient needs. It operates through four segments: Medsurg, Dental Solutions, Health Information Systems, and Purification and Filtration. The Medsurg segment is a provider of solutions including advanced wound care, I.V. site management, sterilization assurance, temperature management, surgical supplies, stethoscopes, and medical electrodes.

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Analyst Recommendations for Solventum (NYSE:SOLV)

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