WINTON GROUP Ltd Invests $42.94 Million in Solstice Advanced Mat $SOLS

WINTON GROUP Ltd bought a new position in Solstice Advanced Mat (NASDAQ:SOLS) in the 2nd quarter, Holdings Channel.com reports. The firm bought 484,616 shares of the company’s stock, valued at approximately $42,937,000. Solstice Advanced Mat comprises approximately 1.4% of WINTON GROUP Ltd’s holdings, making the stock its 6th biggest holding.

A number of other large investors have also added to or reduced their stakes in the company. Sequoia Financial Advisors LLC bought a new stake in Solstice Advanced Mat during the fourth quarter worth about $634,000. International Assets Investment Management LLC purchased a new position in shares of Solstice Advanced Mat during the 4th quarter valued at about $161,000. Ballentine Partners LLC bought a new stake in Solstice Advanced Mat in the 4th quarter worth approximately $256,000. NewEdge Wealth LLC purchased a new stake in Solstice Advanced Mat in the fourth quarter worth approximately $493,000. Finally, Midwest Trust Co bought a new position in Solstice Advanced Mat during the fourth quarter valued at approximately $262,000.

Analyst Upgrades and Downgrades

Several research analysts have commented on SOLS shares. Jefferies Financial Group began coverage on shares of Solstice Advanced Mat in a research note on Thursday, September 3rd. They set a “buy” rating and a $86.00 price target on the stock. Vertical Research raised shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $79.00 target price on the stock in a report on Wednesday, July 22nd. Morgan Stanley cut shares of Solstice Advanced Mat to a “buy” rating in a research report on Monday, July 13th. Wall Street Zen downgraded shares of Solstice Advanced Mat from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Finally, Mizuho lowered their price target on shares of Solstice Advanced Mat from $95.00 to $70.00 and set a “neutral” rating for the company in a research note on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $79.11.

Solstice Advanced Mat Stock Performance

Shares of SOLS stock opened at $63.26 on Thursday. The company has a market capitalization of $10.05 billion and a P/E ratio of 35.74. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $90.80. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.08 and a current ratio of 1.46. The stock has a 50 day moving average price of $61.41 and a two-hundred day moving average price of $73.60.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its earnings results on Thursday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.09. Solstice Advanced Mat had a net margin of 5.13% and a return on equity of 14.28%. The firm had revenue of $1.15 billion for the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Analysts expect that Solstice Advanced Mat will post 2.88 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Thursday, August 27th will be issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is 16.95%.

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.