Equitable Holdings Inc. Takes $990,000 Position in Solstice Advanced Mat $SOLS

Equitable Holdings Inc. bought a new position in Solstice Advanced Mat (NASDAQ:SOLS) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 11,178 shares of the company’s stock, valued at approximately $990,000.

Several other hedge funds have also added to or reduced their stakes in SOLS. Manning & Napier Advisors LLC bought a new stake in shares of Solstice Advanced Mat in the 2nd quarter valued at about $27,000. Global Trust Asset Management LLC purchased a new stake in Solstice Advanced Mat during the 1st quarter valued at about $26,000. Compass Financial Management LLC bought a new position in Solstice Advanced Mat during the 2nd quarter worth approximately $28,000. Princeton Global Asset Management LLC purchased a new position in Solstice Advanced Mat in the 1st quarter worth approximately $27,000. Finally, Philadelphia Investment Partners LLC purchased a new position in Solstice Advanced Mat in the 2nd quarter worth approximately $34,000.

Solstice Advanced Mat Stock Up 12.8%

Shares of Solstice Advanced Mat stock opened at $63.53 on Friday. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $90.80. The firm has a market cap of $10.09 billion and a price-to-earnings ratio of 35.89. The company has a 50-day moving average of $64.99 and a 200 day moving average of $74.31. 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 released its earnings results on Thursday, July 30th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.79 by $0.09. The business had revenue of $1.15 billion for the quarter. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%.Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. As a group, sell-side analysts anticipate that Solstice Advanced Mat will post 2.87 earnings per share for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors 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 annualized dividend and a dividend yield of 0.5%. Solstice Advanced Mat’s payout ratio is presently 16.95%.

Analyst Ratings Changes

Several equities research analysts have weighed in on SOLS shares. Weiss Ratings raised shares of Solstice Advanced Mat from a “hold (c-)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. Vertical Research raised shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 price objective for the company in a research note on Wednesday, July 22nd. Royal Bank Of Canada cut their target price on Solstice Advanced Mat from $102.00 to $82.00 and set an “outperform” rating on the stock in a research note on Friday, July 31st. Zacks Research raised Solstice Advanced Mat from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Finally, BMO Capital Markets dropped their price objective on Solstice Advanced Mat from $101.00 to $90.00 and set an “outperform” rating for the company in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $78.25.

Solstice Advanced Mat News Summary

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

• Positive Sentiment: Merger termination removes deal-related concerns. Solstice and Element Solutions mutually agreed to end their cash-and-stock merger after shareholder feedback. The decision eliminates a large, complex transaction and signals that management and the boards believe Solstice is better positioned as a standalone company. Neither side will pay a termination fee. Solstice Announces Mutual Termination of Merger Agreement
• Positive Sentiment: $500 million share-repurchase authorization supports the stock. Solstice’s board approved the company’s first buyback program, giving management a way to return cash to investors and potentially reduce the share count. The authorization also addresses concerns that the Element transaction could have diluted shareholder value. Solstice Launches Share Buyback
• Positive Sentiment: 2026 outlook was reaffirmed. Management maintained its third-quarter and full-year 2026 guidance, reducing fears that ending the merger reflects weakening operating conditions. The company’s latest reported quarter also exceeded earnings expectations, with earnings per share of $0.88 versus a $0.79 consensus estimate.
• Neutral Sentiment: Analyst targets remain above the current trading level. Recent targets for SOLS have a median of $95, although targets are estimates rather than guarantees and may not reflect the newly standalone strategy. Analyst Price Targets for Solstice
• Negative Sentiment: Heavy put-option activity is a risk signal. Investors traded 16,453 put options, roughly 283% above average daily volume, suggesting some traders are positioning for downside or hedging after the sharp move. This activity does not necessarily indicate a fundamental deterioration.

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.