UL Solutions
About: UL Solutions is a global leader specializing in a broad range of product testing, inspection, and certification services. UL Solutions is the for-profit branch out of three organizations under the UL Enterprise. TIC operations make up nearly all of UL Solutions' total revenue and are composed of two segments: industrial and consumer. UL Solutions' remaining business includes software and advisory, which complements its core TIC offerings. The firm operates globally.
Employees: 15,094
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
89% more repeat investments, than reductions
Existing positions increased: 83 | Existing positions reduced: 44
41% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 27
35% more call options, than puts
Call options by funds: $1.74M | Put options by funds: $1.29M
33% more funds holding in top 10
Funds holding in top 10: 3 [Q3] → 4 (+1) [Q4]
9% more capital invested
Capital invested by funds: $3.04B [Q3] → $3.33B (+$286M) [Q4]
5% more funds holding
Funds holding: 178 [Q3] → 187 (+9) [Q4]
51.04% less ownership
Funds ownership: 158.65% [Q3] → 107.61% (-51.04%) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Citigroup Arthur Truslove 75% 1-year accuracy 3 / 4 met price target | 5%upside $61 | Buy Maintained | 25 Feb 2025 |
Goldman Sachs George Tong 33% 1-year accuracy 7 / 21 met price target | 1%downside $57 | Neutral Maintained | 21 Feb 2025 |
JP Morgan Stephanie Yee 100% 1-year accuracy 4 / 4 met price target | 1%upside $58 | Overweight Maintained | 21 Feb 2025 |
Financial journalist opinion
Based on 6 articles about ULS published over the past 30 days









