In last trading session, Solventum Corp (NYSE:SOLV) saw 0.82 million shares changing hands with its beta currently measuring 0.68. Company’s recent per share price level of $74.11 trading at $1.17 or 1.60% at ring of the bell on the day assigns it a market valuation of $12.82B. That closing price of SOLV’s stock is at a discount of -15.94% from its 52-week high price of $85.92 and is indicating a premium of 36.36% from its 52-week low price of $47.16. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.24 million shares which gives us an average trading volume of 1.26 million if we extend that period to 3-months.
For Solventum Corp (SOLV), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 4 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 1.45 in the current quarter.
Solventum Corp (NYSE:SOLV) trade information
Upright in the green during last session for gaining 1.60%, in the last five days SOLV remained trading in the green while hitting it’s week-highest on Monday, 05/12/25 when the stock touched $74.11 price level, adding 2.11% to its value on the day. Solventum Corp’s shares saw a change of 12.19% in year-to-date performance and have moved 5.52% in past 5-day. Solventum Corp (NYSE:SOLV) showed a performance of 12.85% in past 30-days. Number of shares sold short was 4.13 million shares which calculate 3.31 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 78.5 to the stock, which implies a rise of 5.59% to its current value. Analysts have been projecting 75 as a low price target for the stock while placing it at a high target of 82. It follows that stock’s current price would drop -1.2% in reaching the projected high whereas dropping to the targeted low would mean a loss of -1.2% for stock’s current value.
Solventum Corp (SOLV) estimates and forecasts
This year revenue growth is estimated to rise 2.05% from the last financial year’s standing.
7 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 2.12B for the same. And 7 analysts are in estimates of company making revenue of 2.11B in the next quarter. Company posted 2.08B and 2.08B of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -17.07% while estimates for its earnings growth in next 5 years are of -0.33%.
Solventum Corp (NYSE:SOLV)’s Major holders
Insiders are in possession of 19.95% of company’s total shares while institution are holding 67.91 percent of that, with stock having share float percentage of 84.84%. Investors also watch the number of corporate investors in a company very closely, which is 67.91% institutions for Solventum Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at SOLV for having 16.3 million shares of worth $862.04 million. And as of 2024-06-30, it was holding 9.4121 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 11.04 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.3735 of outstanding shares, having a total worth of $583.74 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 4.34 shares of worth $321.72 million or 2.51% of the total outstanding shares. The later fund manager was in possession of 3.74 shares on Dec 31, 2024 , making its stake of worth around $277.22 million in the company or a holder of 2.16% of company’s stock.
