10,167 Shares in Solstice Advanced Mat $SOLS Purchased by LaFleur & Godfrey LLC

LaFleur & Godfrey LLC purchased a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund purchased 10,167 shares of the company’s stock, valued at approximately $494,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Palmer Knight Co purchased a new position in shares of Solstice Advanced Mat during the fourth quarter valued at approximately $426,000. Broadwater Capital Management LLC purchased a new stake in Solstice Advanced Mat in the 4th quarter valued at $72,000. BOKF NA bought a new position in Solstice Advanced Mat during the 4th quarter valued at $3,319,000. Matthew 25 Management Corp bought a new position in Solstice Advanced Mat during the 4th quarter valued at $4,907,000. Finally, Nicholas Hoffman & Company LLC. purchased a new position in Solstice Advanced Mat during the 4th quarter worth $240,000.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Mizuho set a $80.00 price objective on shares of Solstice Advanced Mat in a research report on Friday, February 13th. Vertical Research raised shares of Solstice Advanced Mat from a “hold” rating to a “buy” rating and set a $58.00 target price on the stock in a research report on Wednesday, January 7th. Wall Street Zen upgraded Solstice Advanced Mat from a “sell” rating to a “hold” rating in a research note on Sunday. Weiss Ratings raised Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Finally, UBS Group downgraded Solstice Advanced Mat from a “buy” rating to a “neutral” rating and set a $87.00 price target for the company. in a research report on Monday, April 13th. Three analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Solstice Advanced Mat has a consensus rating of “Hold” and a consensus target price of $67.00.

Solstice Advanced Mat Price Performance

NASDAQ:SOLS 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 stock’s fifty day moving average is $77.33. The company has a current ratio of 1.39, a quick ratio of 0.98 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $13.27 billion and a P/E ratio of 321.38.

Solstice Advanced Mat (NASDAQ:SOLS) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. On average, analysts expect that Solstice Advanced Mat will post 2.66 earnings per share for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

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

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.