Envestnet Asset Management Inc. Acquires 197,464 Shares of Solstice Advanced Mat $SOLS

Key Points

• Envestnet Asset Management acquired 197,464 shares of Solstice Advanced Materials during the second quarter, worth approximately $17.5 million and representing about 0.12% of the company.
• Analyst sentiment remains broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $79.11, although some firms recently lowered their targets.
• Solstice exceeded quarterly earnings expectations, reporting $0.88 EPS versus the $0.79 consensus estimate, while maintaining 2026 EPS guidance of $2.75–$2.95 and paying a quarterly dividend of $0.075 per share.

Envestnet Asset Management Inc. bought a new stake in Solstice Advanced Mat (NASDAQ:SOLS - Free Report) during the second quarter, according to its most recent filing with the SEC. The firm bought 197,464 shares of the company's stock, valued at approximately $17,495,000. Envestnet Asset Management Inc. owned about 0.12% of Solstice Advanced Mat at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Westerkirk Capital Inc. acquired a new position in shares of Solstice Advanced Mat during the fourth quarter worth approximately $25,000. Global Trust Asset Management LLC bought a new position in Solstice Advanced Mat during the first quarter worth $26,000. Princeton Global Asset Management LLC bought a new position in Solstice Advanced Mat during the first quarter worth $27,000. Manning & Napier Advisors LLC bought a new position in Solstice Advanced Mat during the second quarter worth $27,000. Finally, Compass Financial Management LLC acquired a new position in Solstice Advanced Mat during the 2nd quarter valued at $28,000.

Analyst Upgrades and Downgrades

SOLS has been the topic of several research reports. Weiss Ratings upgraded shares of Solstice Advanced Mat from a "hold (c-)" rating to a "hold (c)" rating in a report on Tuesday, July 21st. Wall Street Zen cut shares of Solstice Advanced Mat from a "buy" rating to a "hold" rating in a research note on Saturday, August 29th. Mizuho decreased their target price on Solstice Advanced Mat from $95.00 to $70.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 15th. Zacks Research upgraded Solstice Advanced Mat from a "hold" rating to a "strong-buy" rating in a research note on Monday, August 3rd. Finally, BMO Capital Markets cut their price target on Solstice Advanced Mat from $101.00 to $90.00 and set an "outperform" rating for the company in a report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $79.11.

Solstice Advanced Mat Stock Performance

Shares of NASDAQ:SOLS opened at $56.01 on Wednesday. The business's fifty day moving average price is $59.78 and its two-hundred day moving average price is $71.75. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $90.80. The stock has a market capitalization of $8.90 billion and a price-to-earnings ratio of 31.64. 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 (NASDAQ:SOLS - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.88 earnings per share (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 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 EPS for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Thursday, August 27th were given a $0.0750 dividend. The ex-dividend date was 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 16.95%.

Solstice Advanced Mat Company Profile

Solstice Advanced Materials, Inc is a specialty materials company that develops and manufactures high-performance chemicals and engineered materials for customers in industries including healthcare, electronics, automotive, aerospace, construction, and refrigeration. The company focuses on technologies designed to support energy efficiency, product performance, and lower environmental impact.

Its product portfolio includes low-global-warming-potential refrigerants and blowing agents, fluorine-based specialty chemicals, advanced films and barrier materials, and other engineered materials used in demanding industrial and commercial applications.

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