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2025-01-11
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Natixis Advisors LLC raised its holdings in shares of Solventum Co. ( NYSE:SOLV – Free Report ) by 271.4% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,616 shares of the company’s stock after buying an additional 34,797 shares during the quarter. Natixis Advisors LLC’s holdings in Solventum were worth $3,320,000 as of its most recent SEC filing. Other hedge funds have also modified their holdings of the company. LRI Investments LLC purchased a new stake in Solventum in the 1st quarter valued at $43,000. Price T Rowe Associates Inc. MD purchased a new position in Solventum in the first quarter worth approximately $5,889,000. EverSource Wealth Advisors LLC purchased a new stake in Solventum in the first quarter valued at $30,000. GAMMA Investing LLC acquired a new position in shares of Solventum in the 2nd quarter valued at $74,000. Finally, Massmutual Trust Co. FSB ADV purchased a new position in shares of Solventum during the 2nd quarter worth $34,000. Analyst Upgrades and Downgrades Several analysts recently issued reports on SOLV shares. Stifel Nicolaus began coverage on shares of Solventum in a report on Tuesday, October 8th. They issued a “buy” rating and a $82.00 price objective on the stock. BTIG Research initiated coverage on shares of Solventum in a research note on Thursday, September 5th. They issued a “neutral” rating on the stock. Piper Sandler increased their price objective on shares of Solventum from $71.00 to $75.00 and gave the stock a “neutral” rating in a research report on Friday, November 8th. Wells Fargo & Company cut their price target on shares of Solventum from $69.00 to $64.00 and set an “equal weight” rating on the stock in a research note on Friday, August 9th. Finally, Morgan Stanley increased their target price on shares of Solventum from $60.00 to $73.00 and gave the stock an “equal weight” rating in a report on Monday, November 11th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $68.00. Solventum Price Performance Shares of NYSE:SOLV opened at $70.81 on Friday. Solventum Co. has a 52 week low of $47.16 and a 52 week high of $96.05. The company’s 50 day moving average is $70.53 and its two-hundred day moving average is $62.33. The company has a debt-to-equity ratio of 2.45, a current ratio of 1.15 and a quick ratio of 0.83. Solventum Company Profile ( Free Report ) Solventum Corporation, a healthcare company, engages in the developing, manufacturing, and commercializing a portfolio of solutions to address critical customer and patient needs. It operates through four segments: Medsurg, Dental Solutions, Health Information Systems, and Purification and Filtration. Further Reading Want to see what other hedge funds are holding SOLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Solventum Co. ( NYSE:SOLV – Free Report ). Receive News & Ratings for Solventum Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Solventum and related companies with MarketBeat.com's FREE daily email newsletter .Patriots coach Jerod Mayo believes narrow loss to Bills shows potential of his young teamMiddle East latest: ICC issues warrant for Israel's Netanyahu as Gaza death toll soars past 44,000Eagles QB Jalen Hurts is in the NFL’s concussion protocol. His status for Sunday is uncertain

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