Solstice Advanced Mat $SOLS Holdings Raised by Iams Wealth Management LLC

Key Points

• Iams Wealth Management increased its Solstice Advanced Materials stake by 189.4% in the third quarter, ending with 32,030 shares valued at approximately $1.8 million. Several other major institutions also recently initiated positions.
• Analyst sentiment remains positive overall, with a consensus “Moderate Buy” rating and an average price target of $77.60, although UBS and Mizuho recently lowered their targets to $76 and $65, respectively.
• SOLS opened at $59.92, well below its 52-week high of $90.80. The company beat quarterly earnings expectations with $0.88 EPS versus $0.79 expected and reported $1.15 billion in revenue.

Iams Wealth Management LLC lifted its stake in Solstice Advanced Mat (NASDAQ:SOLS - Free Report) by 189.4% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,030 shares of the company's stock after buying an additional 20,964 shares during the quarter. Iams Wealth Management LLC's holdings in Solstice Advanced Mat were worth $1,804,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of SOLS. State Street Corp purchased a new position in Solstice Advanced Mat during the second quarter valued at $448,557,000. Bank of America Corp DE bought a new stake in Solstice Advanced Mat in the 2nd quarter valued at $153,615,000. Madison Avenue Partners LP bought a new stake in Solstice Advanced Mat in the 4th quarter valued at $135,172,000. Castle Hook Partners LP bought a new stake in Solstice Advanced Mat in the 4th quarter valued at $57,828,000. Finally, Anchor Capital Advisors LLC purchased a new stake in Solstice Advanced Mat in the 2nd quarter worth $55,866,000.

Analyst Upgrades and Downgrades

Several research firms have commented on SOLS. UBS Group dropped their price objective on shares of Solstice Advanced Mat from $80.00 to $76.00 and set a "buy" rating for the company in a report on Monday, October 5th. Mizuho cut their price objective on Solstice Advanced Mat from $70.00 to $65.00 and set a "neutral" rating for the company in a research report on Thursday, October 1st. Morgan Stanley cut Solstice Advanced Mat to a "buy" rating in a report on Monday, July 13th. Weiss Ratings downgraded Solstice Advanced Mat from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, October 9th. Finally, Vertical Research upgraded Solstice Advanced Mat from a "hold" rating to a "buy" rating and set a $79.00 target price on the stock in a research report on Wednesday, July 22nd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Solstice Advanced Mat currently has an average rating of "Moderate Buy" and an average price target of $77.60.

Solstice Advanced Mat Stock Down 0.3%

NASDAQ SOLS opened at $59.92 on Friday. The stock has a 50 day moving average price of $59.58 and a 200-day moving average price of $70.60. Solstice Advanced Mat has a one year low of $40.43 and a one year high of $90.80. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.08 and a current ratio of 1.46. The company has a market capitalization of $9.52 billion and a P/E ratio of 33.85.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last announced its quarterly 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 company had revenue of $1.15 billion for the quarter. Solstice Advanced Mat had a net margin of 5.13% and a return on equity of 14.28%. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. As a group, equities analysts predict that Solstice Advanced Mat will post 2.87 EPS for the current fiscal year.

About Solstice Advanced Mat

Solstice Advanced Materials, Inc is a specialty materials company that develops and manufactures high-performance chemicals and engineered materials for customers in industries including healthcare, electronics, automotive, aerospace, construction, and refrigeration. The company focuses on technologies designed to support energy efficiency, product performance, and lower environmental impact.

Its product portfolio includes low-global-warming-potential refrigerants and blowing agents, fluorine-based specialty chemicals, advanced films and barrier materials, and other engineered materials used in demanding industrial and commercial applications.

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