Flputnam Investment Management Co. Makes New Investment in Solstice Advanced Mat $SOLS

Flputnam Investment Management Co. bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 9,525 shares of the company’s stock, valued at approximately $463,000.

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

Analysts Set New Price Targets

Several brokerages have commented on SOLS. Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday, May 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Solstice Advanced Mat in a research note on Friday, May 22nd. Vertical Research downgraded Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 target price for the company. in a research note on Thursday, May 14th. UBS Group boosted their price target on Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a report on Friday, May 8th. Finally, Mizuho set a $80.00 price target on Solstice Advanced Mat in a report on Friday, February 13th. Two equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $73.60.

Solstice Advanced Mat Stock Performance

NASDAQ:SOLS opened at $84.23 on Friday. The stock has a market cap of $13.38 billion and a P/E ratio of 94.64. The company has a current ratio of 1.43, a quick ratio of 1.02 and a debt-to-equity ratio of 1.40. The stock’s 50-day moving average is $80.06 and its 200-day moving average is $66.49. 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 released its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.60 by $0.03. The firm 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. Equities research analysts anticipate that Solstice Advanced Mat will post 2.61 earnings per share for the current year.

Solstice Advanced Mat Dividend Announcement

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

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.