85,639 Shares in Solstice Advanced Mat $SOLS Bought by Prospera Financial Services Inc

Prospera Financial Services Inc bought a new position in Solstice Advanced Mat (NASDAQ:SOLS) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 85,639 shares of the company’s stock, valued at approximately $4,161,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. DiNuzzo Private Wealth Inc. bought a new position in Solstice Advanced Mat in the fourth quarter worth $26,000. Hoey Investments Inc. bought a new position in Solstice Advanced Mat in the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new position in Solstice Advanced Mat in the fourth quarter worth $27,000. JNBA Financial Advisors bought a new position in Solstice Advanced Mat in the fourth quarter worth $29,000. Finally, Motco bought a new position in Solstice Advanced Mat in the fourth quarter worth $30,000.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on SOLS shares. Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research report on Sunday, May 3rd. Vertical Research cut Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price objective for the company. in a report on Thursday, May 14th. UBS Group lifted their price objective on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a report on Friday, May 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Solstice Advanced Mat in a report on Friday. Finally, Mizuho set a $80.00 price objective on Solstice Advanced Mat in a report on Friday, February 13th. Two analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Solstice Advanced Mat presently has an average rating of “Hold” and an average price target of $73.60.

Solstice Advanced Mat Price Performance

Shares of NASDAQ SOLS opened at $81.76 on Tuesday. The stock has a market cap of $12.98 billion and a PE ratio of 91.87. The business has a fifty day moving average of $79.19 and a two-hundred day moving average of $65.56. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $90.80. The company has a debt-to-equity ratio of 1.40, a quick ratio of 1.02 and a current ratio of 1.43.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.60 by $0.03. The company had revenue of $991.00 million for the quarter, compared to the consensus estimate of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, equities research analysts expect 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 announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be paid a $0.075 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio (DPR) is 33.71%.

Solstice Advanced Mat 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.