Marco Investment Management LLC Invests $500,000 in Solstice Advanced Mat $SOLS

Marco Investment Management LLC purchased a new position in Solstice Advanced Mat (NASDAQ:SOLS) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 10,283 shares of the company’s stock, valued at approximately $500,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Vanguard Group Inc. bought a new position in Solstice Advanced Mat during the 4th quarter worth about $893,275,000. UBS Group AG bought a new position in Solstice Advanced Mat during the 4th quarter worth about $130,269,000. Principal Financial Group Inc. bought a new position in Solstice Advanced Mat during the 4th quarter worth about $36,682,000. Teacher Retirement System of Texas bought a new position in Solstice Advanced Mat during the 4th quarter worth about $22,277,000. Finally, Deroy & Devereaux Private Investment Counsel Inc. bought a new position in Solstice Advanced Mat during the 4th quarter worth about $20,987,000.

Analysts Set New Price Targets

Several research analysts have issued reports on SOLS shares. Mizuho set a $80.00 target price on shares of Solstice Advanced Mat in a report on Friday, February 13th. Zacks Research upgraded shares of Solstice Advanced Mat to a “hold” rating in a report on Friday, January 23rd. Royal Bank Of Canada upgraded shares of Solstice Advanced Mat from a “sector perform” rating to an “outperform” rating in a report on Tuesday, January 20th. Weiss Ratings upgraded shares of Solstice Advanced Mat from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, February 23rd. Finally, UBS Group increased their target price on shares of Solstice Advanced Mat to $88.00 and gave the stock a “neutral” rating in a report on Friday. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $67.20.

Solstice Advanced Mat Stock Performance

SOLS stock opened at $78.25 on Friday. The stock has a market capitalization of $12.43 billion and a price-to-earnings ratio of 300.96. The firm’s 50-day moving average price is $77.37. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $84.99. The company has a current ratio of 1.43, a quick ratio of 0.98 and a debt-to-equity ratio of 1.40.

Solstice Advanced Mat (NASDAQ:SOLS) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.63 EPS 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 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 analysts predict that Solstice Advanced Mat will post 2.61 earnings per share for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

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

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.