Solstice Advanced Mat $SOLS Position Lifted by Brookmont Capital Management

Key Points

• Brookmont Capital Management increased its Solstice Advanced Materials position by 67.8% in the third quarter, bringing its holdings to 52,918 shares valued at approximately $2.98 million. Several other funds also initiated or expanded positions.
• SOLS opened at $59.42, with a $9.44 billion market capitalization and a 52-week range of $40.43 to $90.80. The company recently reported quarterly EPS of $0.88, exceeding the $0.79 consensus estimate, on $1.15 billion in revenue.
• Analysts maintain a generally positive outlook, with the stock receiving a “Moderate Buy” consensus rating and an average price target of $77.30, above its reported trading price.

Brookmont Capital Management raised its holdings in shares of Solstice Advanced Mat (NASDAQ:SOLS - Free Report) by 67.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 52,918 shares of the company's stock after acquiring an additional 21,376 shares during the quarter. Solstice Advanced Mat makes up 1.7% of Brookmont Capital Management's portfolio, making the stock its 19th largest holding. Brookmont Capital Management's holdings in Solstice Advanced Mat were worth $2,980,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of SOLS. Inspire Investing LLC purchased a new stake in Solstice Advanced Mat in the third quarter worth about $521,000. Compass Wealth Management LLC purchased a new position in shares of Solstice Advanced Mat during the 3rd quarter valued at about $53,000. Root Financial Partners LLC purchased a new position in shares of Solstice Advanced Mat during the 3rd quarter valued at about $37,000. Crossmark Global Holdings Inc. grew its stake in shares of Solstice Advanced Mat by 22.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 8,836 shares of the company's stock valued at $498,000 after acquiring an additional 1,618 shares during the period. Finally, Sawyer & Company Inc bought a new position in shares of Solstice Advanced Mat during the 3rd quarter valued at approximately $276,000.

Solstice Advanced Mat Stock Performance

SOLS opened at $59.42 on Friday. 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 stock has a market capitalization of $9.44 billion and a price-to-earnings ratio of 33.57. The company has a fifty day moving average of $59.53 and a 200 day moving average of $70.02. Solstice Advanced Mat has a fifty-two week low of $40.43 and a fifty-two week high of $90.80.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The company reported $0.88 EPS for the quarter, topping the consensus estimate of $0.79 by $0.09. Solstice Advanced Mat had a net margin of 5.13% and a return on equity of 14.28%. The business had revenue of $1.15 billion for the quarter. Solstice Advanced Mat has set its FY 2026 guidance at 2.750-2.950 EPS. As a group, sell-side analysts forecast that Solstice Advanced Mat will post 2.87 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SOLS has been the subject of several analyst reports. Barclays started coverage on shares of Solstice Advanced Mat in a report on Monday, October 12th. They issued an "overweight" rating and a $73.00 target price for the company. Morgan Stanley downgraded shares of Solstice Advanced Mat to a "buy" rating in a report on Monday, July 13th. UBS Group dropped their price target on shares of Solstice Advanced Mat from $80.00 to $76.00 and set a "buy" rating for the company in a research report on Monday, October 5th. Truist Financial set a $75.00 target price on Solstice Advanced Mat and gave the stock a "buy" rating in a research report on Thursday, July 9th. Finally, Royal Bank Of Canada reissued an "outperform" rating and set a $82.00 target price on shares of Solstice Advanced Mat in a research note on Wednesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Solstice Advanced Mat has an average rating of "Moderate Buy" and an average price target of $77.30.

Solstice Advanced Mat Company Profile

Solstice Advanced Materials, Inc NASDAQ: SOLS is a specialty materials company that develops and manufactures engineered materials and chemical technologies for industrial and commercial applications. The company was established as an independent public company following the separation of Honeywell's Advanced Materials business.

Its portfolio includes fluorine-based products, specialty films, advanced fibers, resins, additives, and other performance materials. These products are used in areas such as refrigeration and air conditioning, healthcare and pharmaceutical packaging, electronics and semiconductors, transportation, aerospace, and protective equipment.

Solstice Advanced Materials serves customers across global markets through a portfolio that includes Solstice refrigerants and blowing agents, Aclar specialty pharmaceutical films, and Spectra high-performance fibers.

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