UL Solutions (NYSE:ULS) Receives New Coverage from Analysts at William Blair

Investment analysts at William Blair assumed coverage on shares of UL Solutions (NYSE:ULS) in a research note issued to investors on Tuesday, Briefing.com reports. The firm set an “outperform” rating on the stock.

Several other research firms have also recently weighed in on ULS. Citigroup began coverage on shares of UL Solutions in a research note on Tuesday. They set a “buy” rating and a $41.00 target price for the company. UBS Group began coverage on shares of UL Solutions in a research note on Tuesday. They set a “neutral” rating and a $38.00 target price for the company. Robert W. Baird began coverage on shares of UL Solutions in a research note on Tuesday. They set an “outperform” rating and a $40.00 target price for the company. Raymond James began coverage on shares of UL Solutions in a research note on Tuesday. They set an “outperform” rating and a $42.00 target price for the company. Finally, JPMorgan Chase & Co. began coverage on shares of UL Solutions in a research note on Tuesday. They set an “overweight” rating and a $39.00 target price for the company. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $40.30.

UL Solutions Stock Up 1.9 %

Shares of NYSE ULS opened at $36.07 on Tuesday. UL Solutions has a 1 year low of $33.15 and a 1 year high of $36.07.

Insider Transactions at UL Solutions

In other news, CEO Jennifer F. Scanlon bought 89,285 shares of the stock in a transaction dated Tuesday, April 16th. The stock was purchased 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 owns 89,285 shares of the company’s stock, valued at $2,499,980. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, Director James M. Shannon acquired 7,142 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The stock was bought 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 firm’s stock in a transaction that occurred on Tuesday, April 16th. The shares were bought at an average price of $28.00 per share, with a total value 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 quarter, insiders bought 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.