Solstice Advanced Mat $SOLS Shares Sold by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada cut its Solstice Advanced Mat stake by 94.3% in the third quarter, selling 57,262 shares and retaining 3,471 shares valued at approximately $198,000.
• Several major investors, including State Street, Anchor Capital Advisors and Squarepoint Ops, initiated positions in the company during the second quarter.
• SOLS recently traded at $59.42, while analysts maintain a “Moderate Buy” consensus with an average price target of $77.30. The company beat quarterly EPS estimates and issued fiscal 2026 guidance of $2.75–$2.95 per share.

TD Waterhouse Canada Inc. lessened its position in shares of Solstice Advanced Mat (NASDAQ:SOLS - Free Report) by 94.3% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,471 shares of the company's stock after selling 57,262 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Solstice Advanced Mat were worth $198,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Carnegie Investment Counsel purchased a new stake in Solstice Advanced Mat during the 1st quarter worth about $2,628,000. State Street Corp purchased a new position in shares of Solstice Advanced Mat in the 2nd quarter valued at about $448,557,000. Squarepoint Ops LLC purchased a new position in shares of Solstice Advanced Mat in the 2nd quarter valued at about $11,692,000. Tidal Investments LLC purchased a new position in shares of Solstice Advanced Mat in the 2nd quarter valued at about $7,262,000. Finally, Anchor Capital Advisors LLC acquired a new position in shares of Solstice Advanced Mat during the second quarter worth about $55,866,000.

Solstice Advanced Mat Price Performance

Shares of NASDAQ:SOLS opened at $59.42 on Friday. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $90.80. The firm has a market capitalization of $9.44 billion and a P/E ratio of 33.57. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.46 and a quick ratio of 1.08. The company's fifty day moving average price is $59.53 and its 200 day moving average price is $70.02.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.09. The company had revenue of $1.15 billion during 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, sell-side analysts predict that Solstice Advanced Mat will post 2.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Zacks Research lowered shares of Solstice Advanced Mat from a "strong-buy" rating to a "hold" rating in a research note on Monday, September 28th. Weiss Ratings downgraded shares of Solstice Advanced Mat from a "hold (c)" rating to a "hold (c-)" rating in a research note on Friday, October 9th. Jefferies Financial Group started coverage on shares of Solstice Advanced Mat in a research note on Thursday, September 3rd. They issued a "buy" rating and a $86.00 price target for the company. Wall Street Zen downgraded shares of Solstice Advanced Mat from a "buy" rating to a "hold" rating in a research report on Saturday, August 29th. 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 research 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.com, Solstice Advanced Mat currently has an average rating of "Moderate Buy" and an average target price 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.

Want to see what other hedge funds are holding SOLS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Solstice Advanced Mat (NASDAQ:SOLS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.