Solstice Advanced Materials rises after ending Element deal, launching buyback

Solstice Advanced Materials (SOLS) is up 16.4% today. Here is some analysis on what might have caused this price movement.

Analysis: The sharp move higher appears tied to Solstice’s decision to mutually terminate its planned acquisition of Element Solutions, removing a large transaction that had drawn shareholder pushback. Investors also seem to be reacting positively to management’s new $500 million share repurchase authorization and its decision to reaffirm third-quarter and full-year 2026 guidance.

Details:

Solstice said on August 27, 2026 that it and Element Solutions agreed to terminate their previously announced merger agreement, and neither side will pay termination fees.

The company said both boards concluded that ending the deal was in the best interests of stakeholders after shareholder conversations and broader discussions between the parties.

Solstice’s board simultaneously approved its first share repurchase program, authorizing up to $500 million of common stock purchases.

Management also reaffirmed third-quarter guidance and maintained its increased full-year 2026 outlook, signaling confidence in the stand-alone business and capital position.

Sources:

Solstice Advanced Materials, SEC, Yahoo Finance

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$SOLS Hedge Fund Activity

We have seen 483 institutional investors add shares of $SOLS stock to their portfolio, and 702 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

ALKEON CAPITAL MANAGEMENT LLC removed 3,668,020 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $324,986,572
SESSA CAPITAL IM, L.P. removed 2,809,319 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $248,905,663
MADISON AVENUE PARTNERS, LP removed 2,782,460 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $211,912,153
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,666,024 shares (+inf%) to their portfolio in Q2 2026, for an estimated $147,609,726
COATUE MANAGEMENT LLC removed 1,654,589 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $146,596,585
PAULSON & CO. INC. removed 1,395,787 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $106,303,137
PRICE T ROWE ASSOCIATES INC /MD/ added 1,202,132 shares (+51.5%) to their portfolio in Q2 2026, for an estimated $106,508,895

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$SOLS Congressional Stock Trading

Members of Congress have traded $SOLS stock 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $SOLS stock by members of Congress over the last 6 months:

REPRESENTATIVE KELLY MORRISON sold up to $15,000 on 08/11.
SENATOR ALAN ARMSTRONG sold up to $15,000 on 03/24.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$SOLS Price Targets

Multiple analysts have issued price targets for $SOLS recently. We have seen 5 analysts offer price targets for $SOLS in the last 6 months, with a median target of $95.0.

Here are some recent targets:

Peter Osterland from Truist Securities set a target price of $75.0 on 07/09/2026
John Roberts from Mizuho set a target price of $95.0 on 07/01/2026
Arun Viswanathan from RBC Capital set a target price of $102.0 on 06/30/2026
John McNulty from BMO Capital set a target price of $101.0 on 06/05/2026
Joshua Spector from UBS set a target price of $88.0 on 05/08/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.