18,203 Shares in Solstice Advanced Mat $SOLS Acquired by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. bought a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, HoldingsChannel reports. The firm bought 18,203 shares of the company’s stock, valued at approximately $885,000.

Several other institutional investors have also added to or reduced their stakes in the business. Rothschild Investment LLC purchased a new stake in Solstice Advanced Mat during the 4th quarter valued at $766,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Solstice Advanced Mat during the 4th quarter valued at $199,000. Savant Capital LLC purchased a new stake in Solstice Advanced Mat during the 4th quarter valued at $261,000. Moors & Cabot Inc. purchased a new stake in Solstice Advanced Mat during the 4th quarter valued at $602,000. Finally, MTM Investment Management LLC purchased a new stake in Solstice Advanced Mat during the 4th quarter valued at $101,000.

Wall Street Analysts Forecast Growth

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

Solstice Advanced Mat Price Performance

NASDAQ SOLS opened at $86.60 on Thursday. The business’s fifty day moving average price is $81.00 and its 200-day moving average price is $67.47. The stock has a market capitalization of $13.75 billion and a price-to-earnings ratio of 97.30. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.43 and a quick ratio of 1.02. 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, beating 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. On average, equities analysts predict that Solstice Advanced Mat will post 2.61 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 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 0.3%. The ex-dividend date of this dividend is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio is presently 33.71%.

About Solstice Advanced Mat

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.