UL Solutions (NYSE:ULS) Price Target Raised to $88.00

UL Solutions (NYSE:ULS) had its price objective lifted by research analysts at JPMorgan Chase & Co. from $84.00 to $88.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 10.80% from the stock’s current price.

A number of other analysts have also recently commented on ULS. UBS Group upped their price objective on shares of UL Solutions from $85.00 to $90.00 and gave the company a “neutral” rating in a research report on Friday. Zacks Research downgraded shares of UL Solutions from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 29th. The Goldman Sachs Group reissued a “neutral” rating on shares of UL Solutions in a research note on Friday. Bank of America boosted their price objective on shares of UL Solutions to $86.00 and gave the stock a “buy” rating in a research note on Tuesday. Finally, Robert W. Baird lowered their price target on UL Solutions from $97.00 to $96.00 and set an “outperform” rating on the stock in a research report on Friday. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $85.50.

UL Solutions Trading Down 3.9%

NYSE:ULS traded down $3.22 during trading hours on Friday, hitting $79.42. 536,093 shares of the stock were exchanged, compared to its average volume of 1,171,948. The company’s 50 day moving average is $76.01 and its two-hundred day moving average is $74.99. The company has a market capitalization of $15.95 billion, a P/E ratio of 47.55, a price-to-earnings-growth ratio of 3.96 and a beta of 1.11. UL Solutions has a twelve month low of $49.34 and a twelve month high of $91.95. The company has a quick ratio of 1.33, a current ratio of 1.33 and a debt-to-equity ratio of 0.45.

UL Solutions (NYSE:ULS) last announced its quarterly earnings data on Thursday, February 19th. The company reported $0.53 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.07. UL Solutions had a return on equity of 34.49% and a net margin of 11.29%.The firm had revenue of $789.00 million during the quarter, compared to analyst estimates of $782.37 million. During the same period last year, the company earned $0.49 earnings per share. The company’s revenue was up 6.8% on a year-over-year basis. On average, sell-side analysts anticipate that UL Solutions will post 1.69 earnings per share for the current fiscal year.

Institutional Investors Weigh In On UL Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in ULS. Royal Bank of Canada grew its position in UL Solutions by 119.5% during the first quarter. Royal Bank of Canada now owns 143,431 shares of the company’s stock worth $8,090,000 after buying an additional 78,081 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in UL Solutions by 104.3% in the first quarter. Goldman Sachs Group Inc. now owns 460,160 shares of the company’s stock valued at $25,953,000 after purchasing an additional 234,913 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in UL Solutions by 11.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 123,771 shares of the company’s stock worth $6,981,000 after purchasing an additional 13,205 shares during the period. Rhumbline Advisers acquired a new stake in UL Solutions during the first quarter worth about $49,000. Finally, Vanguard Personalized Indexing Management LLC bought a new position in UL Solutions in the 2nd quarter valued at about $247,000.

Key Stories Impacting UL Solutions

Here are the key news stories impacting UL Solutions this week:

• Positive Sentiment: Wells Fargo raised its price target on ULS from $97 to $102 and assigned an “overweight” rating, implying ~27% upside from the current level — a clear buy-side endorsement that can support the stock over the medium term. Wells Fargo price target raise
• Positive Sentiment: Q4 results beat consensus: EPS $0.53 vs. $0.46 expected and revenue $789M vs. $782M; revenue rose ~6.8% YoY and margins/ROE remained strong — these beat-and-grow fundamentals typically support higher multiples. Q4 results and press release
• Positive Sentiment: Board increased the quarterly dividend ~11.5% to $0.145 (annualized yield ≈0.7%); ex-dividend date Mar 2 — signals cash-flow confidence though yield is modest.
• Neutral Sentiment: Company published the Q4 earnings presentation and the conference call transcript — useful for detail on segment performance, backlog and guidance assumptions but no headline guidance changes were reported in the coverage. Earnings call transcript
• Neutral Sentiment: Analyst/coverage write-ups (Zacks, Investing/Yahoo syndication) highlight the quarter beat and review key metrics vs. estimates — helpful context but largely reiterative of the results. Zacks coverage

About UL Solutions

UL Solutions (NYSE: ULS) is a global safety science company that provides testing, inspection, certification, advisory and digital solutions designed to help organizations manage risk, ensure regulatory compliance and drive innovation. With roots dating back to 1894 when it was founded as Underwriters’ Electrical Bureau, the company rebranded as UL Solutions following its initial public offering in 2022. Headquartered in Northbrook, Illinois, UL Solutions operates independently to serve a broad range of industries with an emphasis on product safety, performance and sustainability.

The company’s core services include standards development, product testing and certification for sectors such as building products, consumer electronics, automotive, life sciences, energy and industrial equipment.