Solstice Advanced Mat $SOLS Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. lowered its position in Solstice Advanced Mat (NASDAQ:SOLS) by 94.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,471 shares of the company’s stock after selling 57,262 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Solstice Advanced Mat were worth $198,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of SOLS. Manning & Napier Advisors LLC acquired a new position in shares of Solstice Advanced Mat in the 2nd quarter valued at $27,000. Global Trust Asset Management LLC acquired a new stake in Solstice Advanced Mat during the 1st quarter worth $26,000. Compass Financial Management LLC acquired a new stake in Solstice Advanced Mat during the 2nd quarter worth $28,000. Princeton Global Asset Management LLC acquired a new stake in Solstice Advanced Mat during the 1st quarter worth $27,000. Finally, Philadelphia Investment Partners LLC purchased a new position in Solstice Advanced Mat during the 2nd quarter worth $34,000.

Solstice Advanced Mat Price Performance

Shares of SOLS opened at $59.42 on Friday. Solstice Advanced Mat has a twelve month low of $40.43 and a twelve month high of $90.80. The stock’s 50 day moving average is $59.53 and its two-hundred day moving average is $70.02. The firm has a market capitalization of $9.44 billion and a PE ratio of 33.57. The company has a current ratio of 1.46, a quick ratio of 1.08 and a debt-to-equity ratio of 1.30.

Solstice Advanced Mat (NASDAQ:SOLS) last released 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. The company 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. Research analysts anticipate that Solstice Advanced Mat will post 2.87 earnings per share for the current year.

Analyst Upgrades and Downgrades

SOLS has been the topic of several research reports. Truist Financial set a $75.00 price objective on shares of Solstice Advanced Mat and gave the stock a “buy” rating in a research report on Thursday, July 9th. Seaport Research Partners started coverage on shares of Solstice Advanced Mat in a report on Wednesday, October 7th. They issued a “buy” rating and a $80.00 target price for the company. Weiss Ratings downgraded shares of Solstice Advanced Mat from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, October 9th. 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 target price for the company. Finally, UBS Group lowered their price target on Solstice Advanced Mat from $80.00 to $76.00 and set a “buy” rating on the stock in a report on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Solstice Advanced Mat currently has an average rating of “Moderate Buy” and a consensus target price of $77.30.

Solstice Advanced Mat Company Profile

Solstice Advanced Materials, Inc (NASDAQ:SOLS) is a specialty materials company that develops and manufactures engineered materials and chemical technologies for industrial and commercial applications. The company was established as an independent public company following the separation of Honeywell’s Advanced Materials business.

Its portfolio includes fluorine-based products, specialty films, advanced fibers, resins, additives, and other performance materials. These products are used in areas such as refrigeration and air conditioning, healthcare and pharmaceutical packaging, electronics and semiconductors, transportation, aerospace, and protective equipment.

Solstice Advanced Materials serves customers across global markets through a portfolio that includes Solstice refrigerants and blowing agents, Aclar specialty pharmaceutical films, and Spectra high-performance fibers.