Delta Asset Management LLC TN Invests $4.37 Million in Solstice Advanced Mat $SOLS

Key Points

• Delta Asset Management acquired a new $4.37 million position in Solstice Advanced Materials during the second quarter, purchasing 49,369 shares. Other major institutions, including Vanguard, State Street and Morgan Stanley, also recently established positions.
• Solstice reported quarterly EPS of $0.88, beating the $0.79 analyst consensus, on $1.15 billion in revenue, while reaffirming fiscal 2026 guidance. The company also declared a quarterly dividend of $0.075 per share, equivalent to a 0.5% annualized yield.
• Shares opened at $63.53, while analyst sentiment remains moderately bullish with a consensus target of $78.25. The company’s merger termination and new $500 million share-repurchase authorization support its standalone strategy, though unusually high put-option activity signals downside hedging or concern.

Delta Asset Management LLC TN bought a new position in Solstice Advanced Mat (NASDAQ:SOLS - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 49,369 shares of the company's stock, valued at approximately $4,374,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. purchased a new position in Solstice Advanced Mat during the 4th quarter valued at approximately $893,275,000. State Street Corp purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $245,276,000. Morgan Stanley purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $195,151,000. Madison Avenue Partners LP purchased a new stake in shares of Solstice Advanced Mat during the 4th quarter worth approximately $135,172,000. Finally, UBS Group AG bought a new position in shares of Solstice Advanced Mat during the 4th quarter valued at approximately $130,269,000.

Solstice Advanced Mat Stock Up 12.8%

Shares of NASDAQ SOLS opened at $63.53 on Friday. 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 company has a market cap of $10.09 billion and a P/E ratio of 35.89. Solstice Advanced Mat has a 1 year low of $40.43 and a 1 year high of $90.80. The firm has a 50-day simple moving average of $64.99 and a two-hundred day simple moving average of $74.31.

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 analysts' consensus estimates of $0.79 by $0.09. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%.The firm had revenue of $1.15 billion for the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. Research analysts anticipate that Solstice Advanced Mat will post 2.87 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

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

Solstice Advanced Mat News Roundup

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.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Royal Bank Of Canada cut their target price on shares of Solstice Advanced Mat from $102.00 to $82.00 and set an "outperform" rating for the company in a report on Friday, July 31st. Zacks Research raised shares of Solstice Advanced Mat from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 3rd. TD Cowen assumed coverage on shares of Solstice Advanced Mat in a research report on Monday, June 8th. They set a "hold" rating and a $90.00 price objective for the company. Wall Street Zen cut shares of Solstice Advanced Mat from a "buy" rating to a "hold" rating in a research note on Saturday. Finally, Mizuho reduced their target price on shares of Solstice Advanced Mat from $95.00 to $70.00 and set a "neutral" rating on the stock in a report on Wednesday, July 15th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $78.25.

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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