Rep. Kelly Morrison Unloads Solstice Advanced Mat (NASDAQ:SOLS) Shares

Key Points

• Rep. Kelly Morrison sold $1,001–$15,000 of Solstice Advanced Mat shares from her “TRUST 2” account on August 11, according to a filing disclosed August 25. She also sold shares of Accenture and Mobility Global the same day.
• Solstice Advanced Mat reported quarterly EPS of $0.88, beating estimates of $0.79, on $1.15 billion in revenue. The company reaffirmed fiscal 2026 EPS guidance of $2.75–$2.95.
• The stock opened at $56.37, while analysts maintained a consensus “Moderate Buy” rating with an average price target of $78.25; the company also announced a quarterly dividend of $0.075 per share.

Representative Kelly Morrison (Democratic-Minnesota) recently sold shares of Solstice Advanced Mat NASDAQ: SOLS. In a filing disclosed on August 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in Solstice Advanced Mat stock on August 11th. The trade occurred in the Representative's "TRUST 2" account.

Representative Kelly Morrison also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Accenture NYSE: ACN on 8/11/2026.
• Sold $15,001 - $50,000 in shares of Accenture NYSE: ACN on 8/11/2026.
• Sold $1,001 - $15,000 in shares of Mobility Global NYSE: MBGL on 8/11/2026.

Solstice Advanced Mat Stock Performance

NASDAQ:SOLS opened at $56.37 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.46 and a debt-to-equity ratio of 1.30. Solstice Advanced Mat has a twelve month low of $40.43 and a twelve month high of $90.80. The company has a fifty day moving average of $66.02 and a 200-day moving average of $74.44. The firm has a market capitalization of $8.95 billion and a P/E ratio of 31.85.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last issued its earnings results on Thursday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.09. The business had revenue of $1.15 billion for the quarter. Solstice Advanced Mat had a net margin of 5.13% and a return on equity of 14.28%. 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.

Solstice Advanced Mat Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th will be paid a $0.075 dividend. The ex-dividend date is Thursday, August 27th. This represents a $0.30 annualized dividend and a dividend yield of 0.5%. Solstice Advanced Mat's payout ratio is currently 16.95%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Folger Nolan Fleming Douglas Capital Management Inc. raised its stake in shares of Solstice Advanced Mat by 3.3% in the first quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 4,509 shares of the company's stock worth $343,000 after purchasing an additional 146 shares during the last quarter. Manning & Napier Advisors LLC purchased a new position in shares of Solstice Advanced Mat during the second quarter valued at approximately $27,000. Global Trust Asset Management LLC bought a new stake in Solstice Advanced Mat during the first quarter worth $26,000. Hsbc Holdings PLC grew its holdings in Solstice Advanced Mat by 0.4% during the second quarter. Hsbc Holdings PLC now owns 96,570 shares of the company's stock worth $8,531,000 after buying an additional 342 shares in the last quarter. Finally, Compass Financial Management LLC purchased a new position in Solstice Advanced Mat during the 2nd quarter worth $28,000.

Wall Street Analyst Weigh In

SOLS has been the topic of a number of research analyst reports. BMO Capital Markets cut their price objective on shares of Solstice Advanced Mat from $101.00 to $90.00 and set an "outperform" rating on the stock in a research report on Thursday, July 16th. Mizuho dropped their price target on Solstice Advanced Mat from $95.00 to $70.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 15th. TD Cowen started coverage on Solstice Advanced Mat in a report on Monday, June 8th. They issued a "hold" rating and a $90.00 price target on the stock. Royal Bank Of Canada reduced their price objective on Solstice Advanced Mat from $102.00 to $82.00 and set an "outperform" rating for the company in a research note on Friday, July 31st. Finally, Wall Street Zen upgraded Solstice Advanced Mat from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $78.25.

About Representative Morrison

Kelly Morrison (Democratic Party) is a member of the U.S. House, representing Minnesota's 3rd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Morrison (Democratic Party) is running for re-election to the U.S. House to represent Minnesota's 3rd Congressional District. She declared candidacy for the 2026 election. Kelly Morrison was born in Minneapolis, Minnesota, and lives in Deephaven. Morrison earned a B.A. in history from Yale University and an M.D. from Case Western Reserve University. She completed her residency in obstetrics and gynecology at Northwestern University. Morrison's career experience includes working as a physician.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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