Solventum Corporation (SOLV) has been witnessing substantial changes in its ownership recently, with a string of investors adjusting their holdings. While
Royal Bank of Canada and
Amundi have trimmed their positions, firms such as
Adage Capital Partners and
Gotham Asset Management made significant purchases. Aggressive capital management was displayed through a $4 billion
asset sale to Thermo Fisher, the launch of $1.75 billion
tender offers for outstanding notes, and a major
debt buyback. Moreover,
earnings performed positively, and SOLV has seen a valuation reassessment following equity raises and balance sheet overhaul. The stock has been given a consensus rating of 'Hold' by brokerages, with Wall Street Zen lowering it to 'Buy' but later raising it to 'Strong-Buy'. SOLV's extensive institutional backing, delivering a whopping 68% ownership, remains a noticeable strength.
Solventum Corporation SOLV News Analytics from Mon, 17 Feb 2025 08:00:00 GMT to Sun, 14 Sep 2025 00:53:55 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -4
