Nwam LLC Purchases New Position in Solstice Advanced Mat $SOLS

Key Points

• Nwam LLC acquired 16,821 shares of Solstice Advanced Materials in the second quarter, valued at approximately $1.49 million. Several other institutional investors also initiated or increased positions.
• Solstice reported quarterly EPS of $0.88, beating estimates of $0.79, on $1.15 billion in revenue. The company reaffirmed fiscal 2026 EPS guidance of $2.75–$2.95.
• The company declared a quarterly dividend of $0.075 per share, equivalent to an annualized $0.30 and a 0.5% yield. Analysts maintain a “Moderate Buy” consensus with an average price target of $78.25.

Nwam LLC purchased a new position in Solstice Advanced Mat (NASDAQ:SOLS - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 16,821 shares of the company's stock, valued at approximately $1,490,000.

Several other large investors also recently added to or reduced their stakes in SOLS. Wesbanco Bank Inc. bought a new position in shares of Solstice Advanced Mat during the 4th quarter valued at approximately $649,000. Carnegie Investment Counsel bought a new stake in Solstice Advanced Mat in the first quarter worth $2,628,000. Crestwood Advisors Group LLC bought a new stake in Solstice Advanced Mat in the fourth quarter worth $709,000. Olstein Capital Management L.P. bought a new stake in Solstice Advanced Mat in the fourth quarter worth $2,803,000. Finally, Fifth Third Bancorp boosted its stake in Solstice Advanced Mat by 38.5% during the first quarter. Fifth Third Bancorp now owns 126,175 shares of the company's stock worth $9,609,000 after buying an additional 35,102 shares during the period.

Solstice Advanced Mat Stock Performance

Shares of Solstice Advanced Mat stock opened at $61.73 on Wednesday. The company has a quick ratio of 1.08, a current ratio of 1.46 and a debt-to-equity ratio of 1.30. The stock's fifty day moving average is $64.06 and its two-hundred day moving average is $74.28. Solstice Advanced Mat has a 52 week low of $40.43 and a 52 week high of $90.80. The company has a market capitalization of $9.81 billion and a PE ratio of 34.88.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last released its earnings results on Thursday, July 30th. The company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.09. The business had revenue of $1.15 billion during the quarter. Solstice Advanced Mat had a return on equity of 14.28% and a net margin of 5.13%.Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. As a group, analysts expect that Solstice Advanced Mat will post 2.88 earnings per share for the current year.

Solstice Advanced Mat Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Thursday, August 27th will be issued a dividend of $0.075 per share. The ex-dividend date is 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 (DPR) is presently 16.95%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on SOLS shares. Morgan Stanley cut shares of Solstice Advanced Mat to a "buy" rating in a research report on Monday, July 13th. 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. Mizuho dropped their price target on shares of Solstice Advanced Mat from $95.00 to $70.00 and set a "neutral" rating for the company in a research note on Wednesday, July 15th. Zacks Research upgraded shares of Solstice Advanced Mat from a "hold" rating to a "strong-buy" rating in a report on Monday, August 3rd. Finally, Vertical Research raised shares of Solstice Advanced Mat from a "hold" rating to a "buy" rating and set a $79.00 price objective on the stock in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $78.25.

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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