58,078 Shares in Solstice Advanced Mat $SOLS Bought by State of New Jersey Common Pension Fund D

Key Points

• State of New Jersey Common Pension Fund D bought a new position of 58,078 shares in Solstice Advanced Materials (SOLS) in Q4, joining other institutions that initiated sizable positions (e.g., US Bancorp DE ~$7.85M, KeyBank ~$2.71M).
• Solstice missed EPS for the quarter ($0.26 vs. $0.40 est.) but beat revenue ($987M vs. $938M) and set FY2026 guidance of 2.45–2.75 EPS (analyst consensus ~2.66).
• Analysts maintain a consensus rating of "Hold" (3 Buy, 4 Hold) with an average target of $67—below the current ~$83.56 price—while the shares trade at a high P/E (~321) and pay a small quarterly dividend ($0.075; 0.4% yield) with a payout ratio above 100%.

State of New Jersey Common Pension Fund D bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 58,078 shares of the company's stock, valued at approximately $2,821,000.

A number of other hedge funds have also bought and sold shares of the company. US Bancorp DE bought a new position in Solstice Advanced Mat during the fourth quarter worth $7,851,000. Folger Nolan Fleming Douglas Capital Management Inc. bought a new position in Solstice Advanced Mat during the fourth quarter worth $212,000. Keybank National Association OH bought a new position in Solstice Advanced Mat during the fourth quarter worth $2,710,000. Kohmann Bosshard Financial Services LLC bought a new position in Solstice Advanced Mat during the fourth quarter worth $27,000. Finally, Archer Investment Corp bought a new position in Solstice Advanced Mat during the fourth quarter worth $61,000.

Analyst Ratings Changes

A number of brokerages recently weighed in on SOLS. UBS Group downgraded shares of Solstice Advanced Mat from a "buy" rating to a "neutral" rating and set a $87.00 target price for the company. in a research note on Monday, April 13th. Wall Street Zen raised shares of Solstice Advanced Mat from a "sell" rating to a "hold" rating in a research note on Sunday. Vertical Research raised shares of Solstice Advanced Mat from a "hold" rating to a "buy" rating and set a $58.00 price target for the company in a research note on Wednesday, January 7th. Mizuho set a $80.00 price target on shares of Solstice Advanced Mat in a research note on Friday, February 13th. Finally, Royal Bank Of Canada raised shares of Solstice Advanced Mat from a "sector perform" rating to an "outperform" rating in a research note on Tuesday, January 20th. Three investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $67.00.

Solstice Advanced Mat Trading Up 3.1%

SOLS opened at $83.56 on Wednesday. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $84.99. The company has a current ratio of 1.39, a quick ratio of 0.98 and a debt-to-equity ratio of 1.50. The company has a market capitalization of $13.27 billion and a P/E ratio of 321.38. The firm has a fifty day moving average of $77.33.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.14). The business had revenue of $987.00 million for the quarter, compared to analysts' expectations of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. On average, research analysts forecast that Solstice Advanced Mat will post 2.66 EPS for the current fiscal year.

Solstice Advanced Mat Announces Dividend

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

Solstice Advanced Mat Company 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.

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