60,733 Shares in Solstice Advanced Mat $SOLS Bought by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada acquired 60,733 shares of Solstice Advanced Materials in the second quarter, valued at approximately $5.04 million. Several other institutional investors also initiated positions in the company.
• Solstice Advanced Materials reported quarterly EPS of $0.88, beating analyst estimates of $0.79, on revenue of $1.15 billion. Management issued fiscal 2026 EPS guidance of $2.75–$2.95.
• The company declared a quarterly dividend of $0.075 per share, equivalent to a 0.5% annualized yield. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $79.11.

TD Waterhouse Canada Inc. purchased a new stake in Solstice Advanced Mat (NASDAQ:SOLS - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 60,733 shares of the company's stock, valued at approximately $5,039,000.

Other hedge funds have also bought and sold shares of the company. Horizon Investments LLC bought a new position in shares of Solstice Advanced Mat in the 4th quarter worth about $31,000. Truist Financial Corp bought a new position in Solstice Advanced Mat in the 4th quarter valued at about $3,643,000. Principal Financial Group Inc. bought a new position in shares of Solstice Advanced Mat in the fourth quarter valued at approximately $36,682,000. Sequoia Financial Advisors LLC purchased a new position in Solstice Advanced Mat during the fourth quarter worth about $634,000. Finally, Crestwood Advisors Group LLC bought a new position in shares of Solstice Advanced Mat during the 4th quarter worth approximately $709,000.

Solstice Advanced Mat Price Performance

SOLS opened at $63.73 on Monday. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.46 and a quick ratio of 1.08. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $90.80. The firm has a market cap of $10.12 billion and a price-to-earnings ratio of 36.01. The stock's 50 day simple moving average is $62.66 and its 200 day simple moving average is $73.94.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.79 by $0.09. Solstice Advanced Mat had a net margin of 5.13% and a return on equity of 14.28%. The company had revenue of $1.15 billion during the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. As a group, analysts predict that Solstice Advanced Mat will post 2.88 earnings per share for the current year.

Solstice Advanced Mat Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Thursday, August 27th will be paid a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, August 27th. This represents a $0.30 annualized dividend and a dividend yield of 0.5%. Solstice Advanced Mat's payout ratio is 16.95%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. UBS Group boosted their price target on shares of Solstice Advanced Mat from $78.00 to $80.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Truist Financial set a $75.00 price target on Solstice Advanced Mat and gave the stock a "buy" rating in a report on Thursday, July 9th. Mizuho cut their price objective on shares of 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. Royal Bank Of Canada reduced their target price on Solstice Advanced Mat from $102.00 to $82.00 and set an "outperform" rating for the company in a research report on Friday, July 31st. Finally, Vertical Research raised shares of Solstice Advanced Mat from a "hold" rating to a "buy" rating and set a $79.00 price target for the company in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Solstice Advanced Mat has an average rating of "Moderate Buy" and a consensus price target of $79.11.

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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