Fifth Third Bancorp Purchases New Position in Solstice Advanced Mat $SOLS

Key Points

• Fifth Third Bancorp purchased a new stake of 91,073 shares in Solstice Advanced Mat (NASDAQ:SOLS) in Q4, valued at about $4.42 million and representing roughly 0.06% of the company.
• Analysts' consensus is a Hold rating with an average price target of $67, though opinions are mixed (three Buy, four Hold) with upgrades including Mizuho's $80 target and Vertical Research raising to Buy.
• Solstice's latest quarter EPS $0.26 missed estimates while revenue of $987M beat, the company set FY2026 guidance of 2.45–2.75 EPS, and announced a quarterly dividend of $0.075 (annualized yield ~0.4%).

Fifth Third Bancorp purchased a new stake in Solstice Advanced Mat (NASDAQ:SOLS - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 91,073 shares of the company's stock, valued at approximately $4,424,000. Fifth Third Bancorp owned about 0.06% of Solstice Advanced Mat at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in SOLS. DiNuzzo Private Wealth Inc. bought a new position in shares of Solstice Advanced Mat in the 4th quarter valued at about $26,000. Hoey Investments Inc. bought a new position in shares of Solstice Advanced Mat in the 4th quarter valued at about $27,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Solstice Advanced Mat in the 4th quarter valued at about $27,000. JNBA Financial Advisors bought a new position in shares of Solstice Advanced Mat in the 4th quarter valued at about $29,000. Finally, Financial Perspectives Inc bought a new position in shares of Solstice Advanced Mat in the 4th quarter valued at about $35,000.

Analysts Set New Price Targets

A number of research analysts recently commented on the stock. 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 report on Wednesday, January 7th. Wall Street Zen upgraded shares of Solstice Advanced Mat from a "sell" rating to a "hold" rating in a report on Sunday. Mizuho set a $80.00 target price on shares of Solstice Advanced Mat in a report on Friday, February 13th. Weiss Ratings upgraded shares of Solstice Advanced Mat from a "sell (d+)" rating to a "hold (c)" rating in a report on Monday, February 23rd. Finally, Royal Bank Of Canada upgraded shares of Solstice Advanced Mat from a "sector perform" rating to an "outperform" rating in a report on Tuesday, January 20th. Three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $67.00.

Solstice Advanced Mat Trading Down 1.9%

Shares of NASDAQ:SOLS opened at $80.40 on Friday. The company has a market cap of $12.77 billion and a P/E ratio of 309.21. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $84.44. The firm's 50-day moving average price is $77.26. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.39 and a quick ratio of 0.98.

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

Solstice Advanced Mat Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 27th will be issued a dividend of $0.075 per share. The ex-dividend date is Wednesday, May 27th. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. Solstice Advanced Mat's dividend payout ratio (DPR) is presently 115.38%.

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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