128,547 Solstice Advanced Mat $SOLS Shares Bought by Copeland Capital Management LLC

Key Points

• Copeland Capital Management increased its Solstice Advanced Materials position by 59.4% in the third quarter, adding 128,547 shares for a total of 344,913 shares valued at approximately $19.4 million.
• Institutional interest expanded, with several firms initiating or increasing positions; Castle Rock Wealth Management boosted its stake by 615%.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and an average price target of $77.60 versus the stock’s $60.91 opening price.

Copeland Capital Management LLC grew its position in shares of Solstice Advanced Mat (NASDAQ:SOLS - Free Report) by 59.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 344,913 shares of the company's stock after buying an additional 128,547 shares during the quarter. Copeland Capital Management LLC owned approximately 0.22% of Solstice Advanced Mat worth $19,426,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. Cascade Investment Group Inc. acquired a new position in Solstice Advanced Mat in the third quarter worth approximately $381,000. Avior Wealth Management LLC bought a new position in Solstice Advanced Mat during the third quarter valued at approximately $215,000. Castle Rock Wealth Management LLC raised its position in Solstice Advanced Mat by 615.0% during the third quarter. Castle Rock Wealth Management LLC now owns 20,620 shares of the company's stock valued at $1,263,000 after acquiring an additional 17,736 shares in the last quarter. Farther Finance Advisors LLC lifted its stake in Solstice Advanced Mat by 14.4% in the third quarter. Farther Finance Advisors LLC now owns 15,148 shares of the company's stock valued at $853,000 after acquiring an additional 1,908 shares during the last quarter. Finally, CX Institutional lifted its stake in Solstice Advanced Mat by 29.5% in the third quarter. CX Institutional now owns 1,421 shares of the company's stock valued at $80,000 after acquiring an additional 324 shares during the last quarter.

Analysts Set New Price Targets

Several analysts have commented on SOLS shares. Morgan Stanley downgraded shares of Solstice Advanced Mat to a "buy" rating in a research report on Monday, July 13th. BMO Capital Markets cut their price target on shares of Solstice Advanced Mat from $101.00 to $90.00 and set an "outperform" rating on the stock in a report on Thursday, July 16th. Zacks Research downgraded shares of Solstice Advanced Mat from a "strong-buy" rating to a "hold" rating in a report on Monday, September 28th. Barclays initiated coverage on shares of Solstice Advanced Mat in a research note on Monday. They issued an "overweight" rating and a $73.00 price objective for the company. Finally, UBS Group decreased their price objective on shares of Solstice Advanced Mat from $80.00 to $76.00 and set a "buy" rating for the company in a report on Monday, October 5th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $77.60.

Solstice Advanced Mat Trading Up 0.3%

NASDAQ:SOLS opened at $60.91 on Wednesday. The company's 50 day moving average is $59.68 and its 200-day moving average is $70.81. 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 12 month low of $40.43 and a 12 month high of $90.80. The firm has a market cap of $9.68 billion and a price-to-earnings ratio of 34.41.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last posted its quarterly earnings data 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 during 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. Equities analysts anticipate that Solstice Advanced Mat will post 2.87 EPS for the current year.

About Solstice Advanced Mat

Solstice Advanced Materials, Inc is a specialty materials company that develops and manufactures high-performance chemicals and engineered materials for customers in industries including healthcare, electronics, automotive, aerospace, construction, and refrigeration. The company focuses on technologies designed to support energy efficiency, product performance, and lower environmental impact.

Its product portfolio includes low-global-warming-potential refrigerants and blowing agents, fluorine-based specialty chemicals, advanced films and barrier materials, and other engineered materials used in demanding industrial and commercial applications.

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