66,088 Shares in Solstice Advanced Mat $SOLS Acquired by Commerzbank Aktiengesellschaft FI

Commerzbank Aktiengesellschaft FI bought a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS) during the 4th quarter, Holdings Channel.com reports. The fund bought 66,088 shares of the company’s stock, valued at approximately $3,211,000.

Several other hedge funds and other institutional investors have also bought and sold shares of SOLS. DiNuzzo Private Wealth Inc. bought a new stake in Solstice Advanced Mat during the 4th quarter valued at $26,000. Hoey Investments Inc. bought a new stake in Solstice Advanced Mat during the 4th quarter valued at $27,000. Kohmann Bosshard Financial Services LLC bought a new stake in Solstice Advanced Mat during the 4th quarter valued at $27,000. JNBA Financial Advisors bought a new stake in Solstice Advanced Mat during the 4th quarter valued at $29,000. Finally, Horizon Investments LLC bought a new stake in Solstice Advanced Mat during the 4th quarter valued at $31,000.

Analysts Set New Price Targets

SOLS has been the topic of several recent research reports. 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 increased their target price on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research report on Friday, May 8th. Mizuho set a $80.00 target price on Solstice Advanced Mat in a research report on Friday, February 13th. Zacks Research raised Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. Finally, Vertical Research cut Solstice Advanced Mat from a “buy” rating to a “hold” rating and set a $90.00 price objective for the company. in a research report on Thursday. Two equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $73.60.

Solstice Advanced Mat Price Performance

Shares of SOLS stock opened at $85.11 on Friday. The stock has a market cap of $13.52 billion and a price-to-earnings ratio of 95.63. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.43 and a quick ratio of 1.02. The stock has a fifty day moving average price of $78.31. 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 issued its 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. The firm had revenue of $991.00 million during the quarter, compared to analysts’ expectations of $1.01 billion. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, equities research analysts expect that Solstice Advanced Mat will post 2.61 earnings per share for the current year.

Solstice Advanced Mat Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.075 per share. The ex-dividend date is Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. Solstice Advanced Mat’s dividend payout ratio (DPR) is presently 33.71%.

Solstice Advanced Mat Company 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.