Boyd Watterson Asset Management LLC OH Purchases New Shares in Solstice Advanced Mat $SOLS

Boyd Watterson Asset Management LLC OH purchased a new stake in shares of Solstice Advanced Mat (NASDAQ:SOLS) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,542 shares of the company’s stock, valued at approximately $366,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. acquired a new stake in Solstice Advanced Mat during the 4th quarter valued at $893,275,000. UBS Group AG acquired a new stake in Solstice Advanced Mat during the 4th quarter valued at $130,269,000. Principal Financial Group Inc. acquired a new stake in Solstice Advanced Mat during the 4th quarter valued at $36,682,000. Teacher Retirement System of Texas acquired a new stake in Solstice Advanced Mat during the 4th quarter valued at $22,277,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. acquired a new stake in Solstice Advanced Mat during the 4th quarter valued at $20,987,000.

Solstice Advanced Mat Stock Up 2.2%

NASDAQ:SOLS opened at $87.32 on Wednesday. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $87.41. 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 company has a market cap of $13.87 billion and a price-to-earnings ratio of 335.85. The business has a fifty day moving average of $77.66.

Solstice Advanced Mat (NASDAQ:SOLS) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.03. The company had revenue of $991.00 million during 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. 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 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Wednesday, May 27th. Solstice Advanced Mat’s dividend payout ratio (DPR) is currently 115.38%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Wall Street Zen raised Solstice Advanced Mat from a “sell” rating to a “hold” rating in a report on Sunday, May 3rd. Weiss Ratings upgraded Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, February 23rd. Zacks Research upgraded Solstice Advanced Mat to a “hold” rating in a research report on Friday, January 23rd. UBS Group increased their price objective on Solstice Advanced Mat to $88.00 and gave the company a “neutral” rating in a research report on Friday. Finally, Mizuho set a $80.00 price objective on Solstice Advanced Mat in a research report on Friday, February 13th. Three investment 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, Solstice Advanced Mat currently has a consensus rating of “Hold” and an average target price of $67.20.

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.