Meyer Handelman Co. Takes $4.78 Million Position in Solstice Advanced Mat $SOLS

Key Points

• Meyer Handelman Co. bought 98,320 shares (~$4.78M), about 0.06% of Solstice Advanced Materials, and several other hedge funds also established new positions in the fourth quarter.
• Solstice reported Q4 EPS of $0.26, missing the $0.40 consensus while revenue of $987M beat estimates, and issued FY2026 guidance of 2.45–2.75 EPS.
• The company declared a quarterly dividend of $0.075 (annualized $0.30, 0.4% yield), but the dividend payout ratio is about 115%, suggesting the payout may be unsustainably high.

Meyer Handelman Co. purchased a new stake in Solstice Advanced Mat (NASDAQ:SOLS - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 98,320 shares of the company's stock, valued at approximately $4,776,000. Meyer Handelman Co. owned approximately 0.06% of Solstice Advanced Mat as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Ferguson Wellman Capital Management Inc. acquired a new stake in Solstice Advanced Mat in the 4th quarter worth about $2,259,000. Pathway Financial Advisors LLC acquired a new position in shares of Solstice Advanced Mat during the 4th quarter worth approximately $337,000. Wallington Asset Management LLC acquired a new position in shares of Solstice Advanced Mat during the 4th quarter worth approximately $974,000. Beacon Investment Advisory Services Inc. bought a new position in shares of Solstice Advanced Mat during the fourth quarter worth approximately $493,000. Finally, Chesley Taft & Associates LLC bought a new position in shares of Solstice Advanced Mat during the fourth quarter worth approximately $456,000.

Solstice Advanced Mat Trading Up 5.2%

Shares of NASDAQ:SOLS opened at $76.16 on Wednesday. The firm has a 50 day moving average price of $72.13. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $84.44. The company has a quick ratio of 0.98, a current ratio of 1.39 and a debt-to-equity ratio of 1.50. The firm has a market cap of $12.09 billion and a PE ratio of 292.92.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last posted its quarterly earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (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 analyst estimates of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS.

Solstice Advanced Mat Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Tuesday, February 24th were paid a dividend of $0.075 per share. The ex-dividend date was Tuesday, February 24th. This represents a $0.30 annualized dividend and a yield of 0.4%. Solstice Advanced Mat's dividend payout ratio is presently 115.38%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on SOLS shares. Royal Bank Of Canada upgraded shares of Solstice Advanced Mat from a "sector perform" rating to an "outperform" rating in a research report on Tuesday, January 20th. Vertical Research upgraded Solstice Advanced Mat from a "hold" rating to a "buy" rating and set a $58.00 price objective on the stock in a research note on Wednesday, January 7th. UBS Group reaffirmed a "buy" rating and issued a $87.00 price objective on shares of Solstice Advanced Mat in a report on Thursday, February 12th. Mizuho set a $80.00 target price on Solstice Advanced Mat in a research report on Friday, February 13th. Finally, Wall Street Zen raised Solstice Advanced Mat from a "sell" rating to a "hold" rating in a report on Saturday, February 28th. Four analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat, Solstice Advanced Mat presently has a consensus rating of "Moderate Buy" and a consensus target price of $67.00.

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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