274,174 Shares in Solstice Advanced Mat $SOLS Bought by The Manufacturers Life Insurance Company

Key Points

• The Manufacturers Life Insurance Company initiated a position in Solstice Advanced Materials, buying 274,174 shares valued at approximately $24.3 million, or about 0.17% of the company.
• Analyst sentiment is generally positive, with a consensus “Moderate Buy” rating and an average price target of $79.11, compared with the stock’s reported price of $61.53.
• Solstice exceeded quarterly earnings expectations, reporting $0.88 in EPS versus the $0.79 consensus estimate, while maintaining fiscal 2026 EPS guidance of $2.75–$2.95 and paying a $0.075 quarterly dividend.

The Manufacturers Life Insurance Company bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 274,174 shares of the company's stock, valued at approximately $24,292,000. The Manufacturers Life Insurance Company owned approximately 0.17% of Solstice Advanced Mat at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Sequoia Financial Advisors LLC acquired a new stake in shares of Solstice Advanced Mat during the fourth quarter worth about $634,000. NewEdge Wealth LLC bought a new position in shares of Solstice Advanced Mat during the 4th quarter valued at about $493,000. Swiss Life Asset Management Ltd acquired a new position in shares of Solstice Advanced Mat in the 4th quarter valued at approximately $367,000. World Investment Advisors acquired a new position in shares of Solstice Advanced Mat in the 4th quarter valued at approximately $335,000. Finally, Atlantic Union Bankshares Corp bought a new stake in Solstice Advanced Mat during the 4th quarter worth approximately $254,000.

Analyst Upgrades and Downgrades

SOLS has been the topic of several research analyst reports. TD Cowen assumed coverage on shares of Solstice Advanced Mat in a report on Monday, June 8th. They set a "hold" rating and a $90.00 target price on the stock. Truist Financial set a $75.00 price objective on shares of Solstice Advanced Mat and gave the stock a "buy" rating in a research report on Thursday, July 9th. Zacks Research upgraded shares of Solstice Advanced Mat from a "hold" rating to a "strong-buy" rating in a report on Monday, August 3rd. Wall Street Zen cut shares of Solstice Advanced Mat from a "buy" rating to a "hold" rating in a research report on Saturday, August 29th. Finally, Vertical Research raised shares of Solstice Advanced Mat from a "hold" rating to a "buy" rating and set a $79.00 price objective on the stock in a research report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Solstice Advanced Mat currently has a consensus rating of "Moderate Buy" and an average target price of $79.11.

Solstice Advanced Mat Stock Down 0.0%

NASDAQ:SOLS opened at $61.53 on Friday. The stock has a 50-day simple moving average of $60.66 and a 200 day simple moving average of $73.38. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $90.80. The company has a market cap of $9.77 billion and a PE ratio of 34.76. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.08 and a current ratio of 1.46.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.88 EPS for the quarter, beating the consensus estimate of $0.79 by $0.09. The firm had revenue of $1.15 billion for the quarter. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%.Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. On average, sell-side analysts expect that Solstice Advanced Mat will post 2.88 EPS for the current fiscal year.

Solstice Advanced Mat Announces Dividend

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

About Solstice Advanced Mat

Solstice Advanced Materials, Inc NASDAQ: SOLS is an advanced materials company that develops and manufactures specialty chemicals and performance materials for industrial and commercial applications. The company focuses on solutions designed to support energy efficiency, lower environmental impact and improved product performance.

Its portfolio includes Solstice-branded low-global-warming-potential refrigerants, aerosol propellants and blowing agents, as well as specialty materials such as fluoropolymers and other performance chemicals.

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