Pictet Asset Management Holding SA Takes Position in Solstice Advanced Mat $SOLS

Key Points

• Pictet Asset Management established a new position in Solstice Advanced Mat (NASDAQ:SOLS) in Q4, buying 23,828 shares worth about $1.16 million, joining several other small institutional buyers.
• Solstice reported Q results that missed EPS expectations ($0.26 vs. $0.40) but beat revenue estimates ($987M vs. $938M) and set FY2026 guidance of 2.45–2.75 EPS, with analysts averaging ~2.66 EPS for the year.
• Analyst sentiment is mixed—consensus is a Hold with an average target of $67 (three Buys, four Holds), even as the stock trades near its 52-week high (~$84) with a high P/E (~321) and ~$13.3B market cap.

Pictet Asset Management Holding SA bought a new position in Solstice Advanced Mat (NASDAQ:SOLS - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 23,828 shares of the company's stock, valued at approximately $1,158,000.

Other hedge funds also recently made changes to their positions in the company. DiNuzzo Private Wealth Inc. bought a new stake in Solstice Advanced Mat in the 4th quarter worth approximately $26,000. Hoey Investments Inc. bought a new position in shares of Solstice Advanced Mat during the 4th quarter valued at approximately $27,000. JNBA Financial Advisors bought a new position in shares of Solstice Advanced Mat during the 4th quarter valued at approximately $29,000. Financial Perspectives Inc purchased a new position in shares of Solstice Advanced Mat in the fourth quarter valued at $35,000. Finally, Peoples Financial Services CORP. purchased a new position in shares of Solstice Advanced Mat in the fourth quarter valued at $37,000.

Wall Street Analyst Weigh In

SOLS has been the topic of a number of recent research reports. UBS Group downgraded shares of Solstice Advanced Mat from a "buy" rating to a "neutral" rating and set a $87.00 price target on the stock. in a research note on Monday, April 13th. Royal Bank Of Canada raised shares of Solstice Advanced Mat from a "sector perform" rating to an "outperform" rating in a research note on Tuesday, January 20th. Vertical Research upgraded shares of Solstice Advanced Mat from a "hold" rating to a "buy" rating and set a $58.00 target price on the stock in a research report on Wednesday, January 7th. Wall Street Zen raised shares of Solstice Advanced Mat from a "sell" rating to a "hold" rating in a report on Sunday. Finally, Zacks Research upgraded Solstice Advanced Mat to a "hold" rating in a research report on Friday, January 23rd. Three equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, Solstice Advanced Mat presently has a consensus rating of "Hold" and an average target price of $67.00.

Solstice Advanced Mat Stock Up 3.1%

Shares of SOLS opened at $83.56 on Wednesday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 0.98 and a current ratio of 1.39. The stock has a fifty day moving average of $77.33. The company has a market capitalization of $13.27 billion and a P/E ratio of 321.38. Solstice Advanced Mat has a 52-week low of $40.43 and a 52-week high of $84.99.

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, research analysts anticipate that Solstice Advanced Mat will post 2.66 earnings per share for the current fiscal year.

Solstice Advanced Mat Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 27th will be paid a $0.075 dividend. 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%.

Solstice Advanced Mat Company 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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