Vanguard Group Inc. Invests $893.28 Million in Solstice Advanced Mat $SOLS

Key Points

• Vanguard Group bought a new position of 18,387,717 shares in Solstice Advanced Mat worth about $893.28 million, representing roughly 11.58% of the company per its latest 13F filing.
• Solstice reported quarterly EPS of $0.26 (missing the $0.40 consensus) while beating revenue estimates at $987 million, and set FY2026 guidance of 2.45–2.75 EPS (sell-side consensus ~2.66).
• The company announced a quarterly dividend of $0.075 ($0.30 annual, 0.4% yield) with a payout ratio of 115%, and the stock trades around $80.40 with a market cap of $12.77B and a consensus analyst rating of Hold (target ~$67).

Vanguard Group Inc. bought a new position in shares of Solstice Advanced Mat (NASDAQ:SOLS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 18,387,717 shares of the company's stock, valued at approximately $893,275,000. Vanguard Group Inc. owned about 11.58% of Solstice Advanced Mat as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Mattern Capital Management LLC bought a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $256,000. Concurrent Investment Advisors LLC bought a new stake in shares of Solstice Advanced Mat during the fourth quarter worth $479,000. MWA Asset Management bought a new stake in Solstice Advanced Mat in the fourth quarter valued at about $623,000. NBC Securities Inc. bought a new stake in Solstice Advanced Mat in the fourth quarter valued at about $266,000. Finally, White Pine Investment CO bought a new stake in Solstice Advanced Mat in the fourth quarter valued at about $213,000.

Solstice Advanced Mat Trading Down 1.9%

NASDAQ SOLS opened at $80.40 on Friday. Solstice Advanced Mat has a 12 month low of $40.43 and a 12 month high of $84.44. The company has a quick ratio of 0.98, a current ratio of 1.39 and a debt-to-equity ratio of 1.50. The company has a market capitalization of $12.77 billion and a P/E ratio of 309.21. The firm has a 50-day moving average of $77.26.

Solstice Advanced Mat (NASDAQ:SOLS - Get Free Report) last posted its earnings results on Wednesday, February 11th. The company reported $0.26 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.40 by ($0.14). The business had revenue of $987.00 million during the quarter, compared to analysts' expectations of $938.00 million. Solstice Advanced Mat has set its FY 2026 guidance at 2.450-2.750 EPS. As a group, sell-side analysts predict 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. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, May 27th. Solstice Advanced Mat's payout ratio is presently 115.38%.

Analysts Set New Price Targets

A number of research firms recently commented on SOLS. Weiss Ratings upgraded Solstice Advanced Mat from a "sell (d+)" rating to a "hold (c)" rating in a report on Monday, February 23rd. Wall Street Zen upgraded Solstice Advanced Mat from a "sell" rating to a "hold" rating in a report on Sunday. Royal Bank Of Canada upgraded Solstice Advanced Mat from a "sector perform" rating to an "outperform" rating in a report on Tuesday, January 20th. UBS Group downgraded Solstice Advanced Mat from a "buy" rating to a "neutral" rating and set a $87.00 price objective for the company. in a report on Monday, April 13th. Finally, Zacks Research upgraded Solstice Advanced Mat to a "hold" rating in a report on Friday, January 23rd. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $67.00.

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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