Solstice Advanced Mat (NASDAQ:SOLS) Stock Picked Up by Analysts at Seaport Research Partners

Investment analysts at Seaport Research Partners started coverage on shares of Solstice Advanced Mat (NASDAQ:SOLS) in a research report issued on Wednesday, Marketbeat Ratings reports. The firm set a “buy” rating and a $80.00 price target on the stock. Seaport Research Partners’ price objective indicates a potential upside of 32.82% from the company’s current price.

Several other analysts have also issued reports on SOLS. BMO Capital Markets cut their target price on shares of Solstice Advanced Mat from $101.00 to $90.00 and set an “outperform” rating for the company in a research report on Thursday, July 16th. Mizuho decreased their target price on Solstice Advanced Mat from $70.00 to $65.00 and set a “neutral” rating on the stock in a report on Thursday, October 1st. Jefferies Financial Group initiated coverage on Solstice Advanced Mat in a research report on Thursday, September 3rd. They set a “buy” rating and a $86.00 target price on the stock. Truist Financial set a $75.00 price target on Solstice Advanced Mat and gave the stock a “buy” rating in a research report on Thursday, July 9th. Finally, Wall Street Zen downgraded Solstice Advanced Mat from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Eight analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $78.11.

Solstice Advanced Mat Stock Performance

Shares of SOLS opened at $60.23 on Wednesday. The firm has a market capitalization of $9.57 billion and a P/E ratio of 34.03. 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 has a one year low of $40.43 and a one year high of $90.80. The business has a fifty day moving average of $59.74 and a 200 day moving average of $71.06.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its earnings results on Thursday, July 30th. The company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates 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. As a group, sell-side analysts anticipate that Solstice Advanced Mat will post 2.87 EPS for the current year.

Institutional Investors Weigh In On Solstice Advanced Mat

A number of institutional investors and hedge funds have recently bought and sold shares of SOLS. Farther Finance Advisors LLC grew its position in shares of Solstice Advanced Mat by 14.4% during the third quarter. Farther Finance Advisors LLC now owns 15,148 shares of the company’s stock worth $853,000 after purchasing an additional 1,908 shares in the last quarter. CX Institutional lifted its holdings in Solstice Advanced Mat by 29.5% in the 3rd quarter. CX Institutional now owns 1,421 shares of the company’s stock worth $80,000 after purchasing an additional 324 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new position in Solstice Advanced Mat in the 2nd quarter worth approximately $618,000. Envestnet Asset Management Inc. bought a new position in Solstice Advanced Mat in the 2nd quarter worth approximately $17,495,000. Finally, State Street Corp bought a new position in Solstice Advanced Mat in the 2nd quarter worth approximately $448,557,000.

About Solstice Advanced Mat

Solstice Advanced Materials, Inc is a specialty materials company that develops and manufactures high-performance chemicals and engineered materials for customers in industries including healthcare, electronics, automotive, aerospace, construction, and refrigeration. The company focuses on technologies designed to support energy efficiency, product performance, and lower environmental impact.

Its product portfolio includes low-global-warming-potential refrigerants and blowing agents, fluorine-based specialty chemicals, advanced films and barrier materials, and other engineered materials used in demanding industrial and commercial applications.