UL Solutions (ULS)

• Market cap: $10.6B
• 1 day: -1.85%
• 5 days: -7.58%
• 1 month: -0.38%
• 3 months: -0.21%
• 6 months: -0.38%
• Year to date: 6.77%
• 1 year: 51.72%
• 5 years: 51.72%
• 10 years: 51.72%
• Sector: Industrials
• Industry: Testing Laboratories

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

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

80% more repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 45

35% more call options, than puts

Call options by funds: $1.74M | Put options by funds: $1.29M

33% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 27

3% more funds holding

Funds holding: 178 [Q3] → 184 (+6) [Q4]

2% more capital invested

Capital invested by funds: $3.26B [Q3] → $3.32B (+$60.1M) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 3 [Q3] → 3 (+0) [Q4]

62.76% less ownership

Funds ownership: 170.28% [Q3] → 107.52% (-62.76%) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $57 8% upside
• Avg. target: $58 8% upside
• High target: $58 9% upside

2 analyst ratings

• positive: 1 50%
• neutral: 1 50%
• negative: 0 0%

Goldman Sachs George Tong 52% 1-year accuracy 14 / 27 met price target	8% upside $57	Neutral Maintained	21 Feb 2025
JP Morgan Stephanie Yee 80% 1-year accuracy 4 / 5 met price target	9% upside $58	Overweight Maintained	21 Feb 2025