HighTower Advisors LLC Invests $4.55 Million in Solstice Advanced Mat $SOLS

Key Points

• HighTower Advisors acquired a new $4.55 million position in Solstice Advanced Materials, purchasing 51,377 shares during the second quarter. Several other institutional investors also initiated smaller positions.
• Solstice reported quarterly EPS of $0.88, beating the $0.79 consensus estimate, on $1.15 billion in revenue. The company set fiscal 2026 EPS guidance at $2.75–$2.95.
• SOLS traded at $61.53, below its 52-week high of $90.80, while analysts maintained a “Moderate Buy” consensus with an average price target of $79.11. The company also pays a $0.075 quarterly dividend, yielding about 0.5%.

HighTower Advisors LLC purchased a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 51,377 shares of the company's stock, valued at approximately $4,552,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in SOLS. Westerkirk Capital Inc. purchased a new stake in shares of Solstice Advanced Mat during the fourth quarter valued at approximately $25,000. Global Trust Asset Management LLC purchased a new position in Solstice Advanced Mat during the first quarter worth about $26,000. Heritage Wealth Advisors bought a new position in shares of Solstice Advanced Mat in the fourth quarter worth approximately $26,000. Princeton Global Asset Management LLC bought a new position in Solstice Advanced Mat in the first quarter valued at $27,000. Finally, Manning & Napier Advisors LLC bought a new position in shares of Solstice Advanced Mat during the 2nd quarter valued at about $27,000.

Solstice Advanced Mat Stock Performance

NASDAQ SOLS opened at $61.53 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. Solstice Advanced Mat has a 1-year low of $40.43 and a 1-year high of $90.80. The company has a market cap of $9.77 billion and a PE ratio of 34.76. The stock's 50 day simple moving average is $60.66 and its 200-day simple moving average is $73.38.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last announced 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 net margin of 5.13% and a return on equity of 14.28%. The firm 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, equities research analysts anticipate that Solstice Advanced Mat will post 2.88 EPS for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Thursday, August 27th were issued a dividend of $0.075 per share. 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 dividend payout ratio is 16.95%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on SOLS shares. BMO Capital Markets cut their price objective on Solstice Advanced Mat from $101.00 to $90.00 and set an "outperform" rating on the stock in a research report on Thursday, July 16th. Mizuho cut their target price on Solstice Advanced Mat from $95.00 to $70.00 and set a "neutral" rating on the stock in a research note on Wednesday, July 15th. UBS Group increased their price objective on shares of Solstice Advanced Mat from $78.00 to $80.00 and gave the company a "buy" rating in a research report on Friday, July 31st. Vertical Research raised Solstice Advanced Mat from a "hold" rating to a "buy" rating and set a $79.00 price objective on the stock in a research note on Wednesday, July 22nd. Finally, TD Cowen began coverage on 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. One investment 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 company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $79.11.

Solstice Advanced Mat Company Profile

Solstice Advanced Materials, Inc NASDAQ: SOLS is an advanced materials company that develops and manufactures specialty chemicals and performance materials for industrial and commercial applications. The company focuses on solutions designed to support energy efficiency, lower environmental impact and improved product performance.

Its portfolio includes Solstice-branded low-global-warming-potential refrigerants, aerosol propellants and blowing agents, as well as specialty materials such as fluoropolymers and other performance chemicals.

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