Matthew 25 Management Corp Makes New $4.91 Million Investment in Solstice Advanced Mat $SOLS

Matthew 25 Management Corp bought a new position in Solstice Advanced Mat (NASDAQ:SOLS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 101,000 shares of the company’s stock, valued at approximately $4,907,000. Solstice Advanced Mat accounts for about 1.5% of Matthew 25 Management Corp’s investment portfolio, making the stock its 18th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. DiNuzzo Private Wealth Inc. bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth $26,000. Hoey Investments Inc. bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth $27,000. JNBA Financial Advisors bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth $29,000. Finally, Horizon Investments LLC bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth $31,000.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Weiss Ratings raised Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. UBS Group downgraded Solstice Advanced Mat from a “buy” rating to a “neutral” rating and set a $87.00 price target on the stock. in a research report on Monday, April 13th. Royal Bank Of Canada raised Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 20th. Vertical Research raised Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 price target on the stock in a research report on Wednesday, January 7th. Finally, Mizuho set a $80.00 price target on Solstice Advanced Mat in a research report on Friday, February 13th. Three research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $67.00.

Solstice Advanced Mat Price Performance

Shares of SOLS stock opened at $83.56 on Wednesday. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $84.99. The company’s 50-day moving average is $77.33. The company has a market capitalization of $13.27 billion and a P/E ratio of 321.38. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.98 and a current ratio of 1.39.

Solstice Advanced Mat (NASDAQ:SOLS) last issued its quarterly earnings data on Wednesday, February 11th. The company reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). The company had revenue of $987.00 million during the quarter, compared to the consensus estimate of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. On average, analysts anticipate that Solstice Advanced Mat will post 2.66 EPS for the current year.

Solstice Advanced Mat Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio (DPR) is presently 115.38%.

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.