Keybank National Association OH Acquires New Shares in Solstice Advanced Mat $SOLS

Key Points

• KeyBank National Association OH acquired a new stake of 55,791 shares in Solstice Advanced Materials in Q4, valued at about $2.71 million, and several other funds initiated small positions during the quarter.
• Analyst coverage is mixed: the consensus rating is Hold with a $67 consensus target, while firms range from UBS cutting to neutral (target $87) to RBC upgrading to outperform.
• SOLS trades near $80.40 with a $12.77 billion market cap and a very high P/E (~309); the company pays a small quarterly dividend ($0.075, 0.4% yield) despite a payout ratio above 100%.

Keybank National Association OH acquired a new stake in Solstice Advanced Mat (NASDAQ:SOLS - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 55,791 shares of the company's stock, valued at approximately $2,710,000.

Several other hedge funds have also recently bought and sold shares of SOLS. DiNuzzo Private Wealth Inc. purchased a new position in Solstice Advanced Mat during the fourth quarter worth $26,000. Hoey Investments Inc. purchased a new position in Solstice Advanced Mat during the fourth quarter worth $27,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $27,000. JNBA Financial Advisors acquired a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $29,000. Finally, Financial Perspectives Inc acquired a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $35,000.

Analyst Ratings Changes

SOLS has been the topic of a number of research analyst reports. UBS Group cut Solstice Advanced Mat from a "buy" rating to a "neutral" rating and set a $87.00 target price on the stock. in a report on Monday, April 13th. Weiss Ratings raised Solstice Advanced Mat from a "sell (d+)" rating to a "hold (c)" rating in a research report on Monday, February 23rd. Royal Bank Of Canada raised Solstice Advanced Mat from a "sector perform" rating to an "outperform" rating in a research report on Tuesday, January 20th. Wall Street Zen lowered Solstice Advanced Mat from a "hold" rating to a "sell" rating in a research report on Saturday, April 25th. Finally, Zacks Research upgraded shares of Solstice Advanced Mat to a "hold" rating in a research note on Friday, January 23rd. Three investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $67.00.

Solstice Advanced Mat Trading Down 1.9%

NASDAQ:SOLS opened at $80.40 on Friday. The company has a market capitalization of $12.77 billion and a price-to-earnings ratio of 309.21. The company's 50 day moving average is $77.26. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $84.44. 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 posted its 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 firm had revenue of $987.00 million during 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, analysts predict that Solstice Advanced Mat will post 2.66 EPS for the current fiscal year.

Solstice Advanced Mat Dividend Announcement

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

Solstice Advanced Mat Profile

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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