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: 15,233
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
841% more call options, than puts
Call options by funds: $24.8M | Put options by funds: $2.64M
217% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 23
144% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 27
64% more capital invested
Capital invested by funds: $1.86B [Q2] → $3.04B (+$1.18B) [Q3]
45.35% more ownership
Funds ownership: 113.32% [Q2] → 158.67% (+45.35%) [Q3]
39% more funds holding
Funds holding: 128 [Q2] → 178 (+50) [Q3]
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$51
0%
upside
Avg. target
$57
12%
upside
High target
$62
22%
upside
5 analyst ratings
2 positive
40%
3 neutral
60%
0 negative
0%
UBS Joshua Chan 67% 1-year accuracy 10 / 15 met price target | 6%upside $54 | Neutral Maintained | 6 Nov 2024 |
Goldman Sachs George Tong 29% 1-year accuracy 8 / 28 met price target | 0%upside $51 | Neutral Maintained | 6 Nov 2024 |
Wells Fargo Jason Haas 48% 1-year accuracy 15 / 31 met price target | 22%upside $62 | Overweight Maintained | 6 Nov 2024 |
Baird Andrew Wittmann 81% 1-year accuracy 26 / 32 met price target | 12%upside $57 | Neutral Maintained | 6 Nov 2024 |
Citigroup Arthur Truslove 100% 1-year accuracy 3 / 3 met price target | 18%upside $60 | Buy Reinstated | 7 Oct 2024 |
Financial journalist opinion
Based on 8 articles about ULS published over the past 30 days
Neutral
Business Wire
3 days ago
UL Solutions Named Lead Administrator in First-Ever US Federal Cybersecurity Labeling Program
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, has been selected by the U.S. Federal Communications Commission to help lead the implementation of the new U.S. Cyber Trust Mark program, which will equip qualifying smart products, such as voice-activated speakers and kitchen appliances, with a cybersecurity safety label. UL Solutions was named Lead Administrator of the program and a Cybersecurity Label Administrator (CLA), responsible.
Neutral
Business Wire
4 days ago
UL Solutions Awards First Residential SPIRE Smart Buildings Rating to Mr. C Residences Jumeirah in Dubai
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions (NYSE: ULS), a global leader in applied safety science, today announced that Mr. C Residences Jumeirah in Dubai has achieved a Gold UL Verified SPIRE Smart Buildings™ Rating, marking the first all-residential building in the world to receive this comprehensive smart building performance rating. The rating is also the highest verified SPIRE™ rating received to date for any property type category. The Mr. C Residences Jumeirah Gold-level rating was.
Positive
Zacks Investment Research
1 week ago
New Strong Buy Stocks for December 12th
NBBK, OMCL, ZIM, IMCR and ULS have been added to the Zacks Rank #1 (Strong Buy) List on December 12, 2024.
Neutral
Business Wire
2 weeks ago
UL Solutions Names Chief Business Operations and Innovation Officer
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced it appointed Alex Dadakis as Executive Vice President, Chief Business Operations and Innovation Officer. Dadakis, who most recently served as Senior Vice President, Global Head of Strategy and Corporate Development at Germany-based Knauf Group, Gebr KG, will start in the newly created position on January 27, 2025. He will report to Jennifer Scanlon, president and CEO of U.
Neutral
Business Wire
2 weeks ago
UL Solutions to Attend the Raymond James 2024 TMT & Consumer Conference
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced that senior management of the company will attend the Raymond James 2024 TMT & Consumer Conference on Monday, December 9, 2024. About UL Solutions A global leader in applied safety science, UL Solutions Inc. transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions Inc. delivers testing, inspect.
Positive
Zacks Investment Research
3 weeks ago
UL Solutions Inc. (ULS) Moves to Strong Buy: Rationale Behind the Upgrade
UL Solutions Inc. (ULS) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Positive
Zacks Investment Research
3 weeks ago
New Strong Buy Stocks for November 26th
ZIM, MNDY, RSI, IMCR and ULS have been added to the Zacks Rank #1 (Strong Buy) List on November 26, 2024.
Neutral
Business Wire
3 weeks ago
UL Solutions Recognized as an ESG Services Innovator by Independent Analyst Firm
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced its environmental, social and governance (ESG) advisory and assurance services have earned recognition for the first time in the Verdantix Green Quadrant: ESG and Sustainability Assurance Services 2024 report for the comprehensive and innovative offerings that help organizations navigate the complex landscape of ESG and sustainability issues. UL Solutions has been deliver.
Neutral
Business Wire
1 month ago
UL Solutions Announces Quarterly Dividend
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, today announced that its Board of Directors has declared a quarterly dividend of $0.125 per share. The dividend will be paid on December 9, 2024, to shareholders of record as of the close of business on November 29, 2024. About UL Solutions A global leader in applied safety science, UL Solutions Inc. transforms safety, security and sustainability challenges into opportunities for custome.
Neutral
Business Wire
1 month ago
UL Solutions Expands Mexico Laboratory Capacity to Meet Growing Product Testing Demand in Latin America
NORTHBROOK, Ill.--(BUSINESS WIRE)--UL Solutions Inc. (NYSE: ULS), a global leader in applied safety science, has expanded its Mexico laboratory capacity and capabilities to meet the growing demand of manufacturers in Latin America for product safety and performance testing. The expansion of UL Solutions' laboratory in Mexico adds testing capabilities for consumer technology, automotive, and wire and cable products, broadening testing services for exports to the United States, Canada and through.
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