UL Solutions (NYSE:ULS) Now Covered by Robert W. Baird

Analysts at Robert W. Baird assumed coverage on shares of UL Solutions (NYSE:ULS) in a report released on Tuesday, MarketBeat Ratings reports. The firm set an “outperform” rating and a $40.00 price target on the stock. Robert W. Baird’s price objective suggests a potential upside of 11.86% from the company’s previous close.

ULS has been the topic of several other research reports. Wells Fargo & Company began coverage on UL Solutions in a report on Tuesday. They issued an “overweight” rating and a $40.00 price target on the stock. Citigroup began coverage on UL Solutions in a research report on Tuesday. They issued a “buy” rating and a $41.00 price objective for the company. Stifel Nicolaus began coverage on UL Solutions in a research report on Tuesday. They issued a “buy” rating and a $40.00 price objective for the company. Bank of America began coverage on UL Solutions in a research report on Tuesday. They issued a “buy” rating and a $42.00 price objective for the company. Finally, JPMorgan Chase & Co. began coverage on UL Solutions in a research report on Tuesday. They issued an “overweight” rating and a $39.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $40.30.

UL Solutions Price Performance

Shares of NYSE:ULS opened at $35.76 on Tuesday. UL Solutions has a 12 month low of $33.15 and a 12 month high of $36.92.

Insider Transactions at UL Solutions

In other UL Solutions news, Director James M. Shannon acquired 7,142 shares of the business’s stock in a transaction dated Tuesday, April 16th. The shares were acquired at an average price of $28.00 per share, for a total transaction of $199,976.00. Following the acquisition, the director now directly owns 7,142 shares of the company’s stock, valued at approximately $199,976. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other UL Solutions news, Director James M. Shannon acquired 7,142 shares of the business’s stock in a transaction dated Tuesday, April 16th. The shares were acquired at an average price of $28.00 per share, for a total transaction of $199,976.00. Following the acquisition, the director now directly owns 7,142 shares of the company’s stock, valued at approximately $199,976. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Jennifer F. Scanlon acquired 89,285 shares of the business’s stock in a transaction dated Tuesday, April 16th. The shares were acquired at an average price of $28.00 per share, for a total transaction of $2,499,980.00. Following the acquisition, the chief executive officer now directly owns 89,285 shares in the company, valued at $2,499,980. The disclosure for this purchase can be found here. In the last ninety days, insiders purchased 199,997 shares of company stock worth $5,599,916.

UL Solutions Company Profile

UL Solutions Inc provides safety science services worldwide. It operates through three segments: Industrial, Consumer, and Software and Advisory. The Industrial segment provides testing, inspection, and certification services across various end markets, including energy, industrial automation, engineered materials, and built environment, as well as stakeholders, such as manufacturers, building owners, end users, and regulators.