561,715 Shares in Solstice Advanced Mat $SOLS Bought by Alyeska Investment Group L.P.

Key Points

• Alyeska Investment Group purchased 561,715 shares of Solstice Advanced Materials in the second quarter, worth approximately $49.8 million and representing a 0.35% stake.
• Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and an average price target of $78.25, although several brokerages recently lowered their targets and one downgraded the stock to “Hold.”
• Solstice reported quarterly EPS of $0.88, exceeding the $0.79 consensus estimate, and reaffirmed its 2026 outlook. The company also authorized a $500 million share repurchase program and maintained its quarterly dividend.

Alyeska Investment Group L.P. purchased a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 561,715 shares of the company's stock, valued at approximately $49,768,000. Alyeska Investment Group L.P. owned 0.35% of Solstice Advanced Mat as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of SOLS. Folger Nolan Fleming Douglas Capital Management Inc. boosted its position in 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 valued at $343,000 after buying an additional 146 shares during the last quarter. Manning & Napier Advisors LLC acquired a new stake in Solstice Advanced Mat during the 2nd quarter valued at approximately $27,000. Global Trust Asset Management LLC purchased a new stake in shares of Solstice Advanced Mat in the 1st quarter valued at $26,000. Hsbc Holdings PLC increased its stake in shares of Solstice Advanced Mat by 0.4% in the second quarter. Hsbc Holdings PLC now owns 96,570 shares of the company's stock worth $8,531,000 after acquiring an additional 342 shares during the period. Finally, Compass Financial Management LLC purchased a new position in shares of Solstice Advanced Mat during the second quarter worth $28,000.

Analyst Ratings Changes

Several brokerages have weighed in on SOLS. Morgan Stanley downgraded Solstice Advanced Mat to a "buy" rating in a research report on Monday, July 13th. Royal Bank Of Canada decreased their price objective on Solstice Advanced Mat from $102.00 to $82.00 and set an "outperform" rating for the company in a report on Friday, July 31st. Wall Street Zen lowered Solstice Advanced Mat from a "buy" rating to a "hold" rating in a report on Saturday. Mizuho reduced their price target on Solstice Advanced Mat from $95.00 to $70.00 and set a "neutral" rating for the company in a research report on Wednesday, July 15th. Finally, BMO Capital Markets lowered their price objective on 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. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $78.25.

Trending Headlines about Solstice Advanced Mat

Here are the key news stories impacting Solstice Advanced Mat this week:

• Positive Sentiment: Merger termination removes deal-related concerns. Solstice and Element Solutions mutually agreed to end their cash-and-stock merger after shareholder feedback. The decision eliminates a large, complex transaction and signals that management and the boards believe Solstice is better positioned as a standalone company. Neither side will pay a termination fee. Solstice Announces Mutual Termination of Merger Agreement
• Positive Sentiment: $500 million share-repurchase authorization supports the stock. Solstice’s board approved the company’s first buyback program, giving management a way to return cash to investors and potentially reduce the share count. The authorization also addresses concerns that the Element transaction could have diluted shareholder value. Solstice Launches Share Buyback
• Positive Sentiment: 2026 outlook was reaffirmed. Management maintained its third-quarter and full-year 2026 guidance, reducing fears that ending the merger reflects weakening operating conditions. The company’s latest reported quarter also exceeded earnings expectations, with earnings per share of $0.88 versus a $0.79 consensus estimate.
• Neutral Sentiment: Analyst targets remain above the current trading level. Recent targets for SOLS have a median of $95, although targets are estimates rather than guarantees and may not reflect the newly standalone strategy. Analyst Price Targets for Solstice
• Negative Sentiment: Heavy put-option activity is a risk signal. Investors traded 16,453 put options, roughly 283% above average daily volume, suggesting some traders are positioning for downside or hedging after the sharp move. This activity does not necessarily indicate a fundamental deterioration.

Solstice Advanced Mat Stock Performance

Shares of NASDAQ:SOLS opened at $63.53 on Monday. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $90.80. The firm has a market capitalization of $10.09 billion and a price-to-earnings ratio of 35.89. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.46 and a quick ratio of 1.08. The business's 50 day moving average price is $64.99 and its 200-day moving average price is $74.37.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.79 by $0.09. The company 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. On average, equities research analysts forecast that Solstice Advanced Mat will post 2.87 earnings per share for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

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

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.

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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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