59,014 Shares in Solstice Advanced Mat $SOLS Bought by Comerica Bank

Key Points

• Comerica Bank bought a new position of 59,014 shares of Solstice Advanced Mat (NASDAQ:SOLS) in Q4, valued at about $2.87 million.
• Solstice reported Q4 EPS of $0.26 (missed $0.40 estimates) while revenue of $987 million topped expectations, and it set FY2026 guidance of $2.45–$2.75 EPS (analysts project 2.66); the stock trades near $81 with a PE of roughly 312.
• Analysts have a consensus rating of Hold with an average price target of $67 amid mixed upgrades/downgrades, and the company declared a quarterly dividend of $0.075 (0.4% yield) despite a payout ratio above 115%.

Comerica Bank purchased a new position in Solstice Advanced Mat (NASDAQ:SOLS - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 59,014 shares of the company's stock, valued at approximately $2,867,000.

Other hedge funds also recently modified their holdings of the company. DiNuzzo Private Wealth Inc. bought a new position in shares of Solstice Advanced Mat in the fourth quarter worth $26,000. Hoey Investments Inc. bought a new position in shares of Solstice Advanced Mat in the fourth quarter worth $27,000. JNBA Financial Advisors bought a new position in shares of Solstice Advanced Mat in the fourth quarter worth $29,000. Financial Perspectives Inc bought a new position in shares of Solstice Advanced Mat in the fourth quarter worth $35,000. Finally, Peoples Financial Services CORP. bought a new position in shares of Solstice Advanced Mat in the fourth quarter worth $37,000.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on SOLS. Mizuho set a $80.00 price target on Solstice Advanced Mat in a research report on Friday, February 13th. Royal Bank Of Canada upgraded Solstice Advanced Mat from a "sector perform" rating to an "outperform" rating in a research report on Tuesday, January 20th. UBS Group cut Solstice Advanced Mat from a "buy" rating to a "neutral" rating and set a $87.00 target price on the stock. in a research report on Monday, April 13th. Zacks Research upgraded Solstice Advanced Mat to a "hold" rating in a research report on Friday, January 23rd. Finally, Vertical Research upgraded Solstice Advanced Mat from a "hold" rating to a "buy" rating and set a $58.00 target price on the stock in a research report on Wednesday, January 7th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, Solstice Advanced Mat has a consensus rating of "Hold" and an average price target of $67.00.

Solstice Advanced Mat Stock Up 0.6%

Solstice Advanced Mat stock opened at $81.07 on Tuesday. Solstice Advanced Mat has a 12-month low of $40.43 and a 12-month high of $84.44. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.98 and a current ratio of 1.39. The company has a 50-day simple moving average of $77.26. The company has a market capitalization of $12.87 billion and a PE ratio of 311.81.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last released its earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by ($0.14). The business had revenue of $987.00 million during 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. As a group, analysts expect that Solstice Advanced Mat will post 2.66 earnings per share for the current year.

Solstice Advanced Mat Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 27th will be paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Wednesday, May 27th. Solstice Advanced Mat's dividend payout ratio (DPR) is presently 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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