UL Solutions (NYSE:ULS) Coverage Initiated by Analysts at William Blair

Equities researchers at William Blair initiated coverage on shares of UL Solutions (NYSE:ULS) in a research report issued on Tuesday, MarketBeat.com reports. The firm set an “outperform” rating on the stock.

A number of other research analysts have also recently issued reports on the company. UBS Group began coverage on UL Solutions in a report on Tuesday. They issued a “neutral” rating and a $38.00 price target for the company. The Goldman Sachs Group began coverage on UL Solutions in a report on Tuesday. They issued a “neutral” rating and a $39.00 price target for the company. Stifel Nicolaus began coverage on UL Solutions in a report on Tuesday. They issued a “buy” rating and a $40.00 price target for the company. Citigroup began coverage on UL Solutions in a report on Tuesday. They issued a “buy” rating and a $41.00 price target for the company. Finally, Jefferies Financial Group began coverage on UL Solutions in a report on Tuesday. They issued a “buy” rating and a $42.00 price target for the company. Two research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, UL Solutions has a consensus rating of “Moderate Buy” and an average price target of $40.30.

UL Solutions Trading Down 0.1 %

Shares of NYSE:ULS opened at $35.76 on Tuesday. UL Solutions has a 52 week low of $33.15 and a 52 week high of $36.92.

Insiders Place Their Bets

In other news, EVP Linda S. Chapin acquired 1,785 shares of the company’s stock in a transaction on Tuesday, April 16th. The stock was purchased at an average cost of $28.00 per share, with a total value of $49,980.00. Following the acquisition, the executive vice president now owns 1,785 shares of the company’s stock, valued at approximately $49,980. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. In related news, EVP Linda S. Chapin purchased 1,785 shares of the stock in a transaction dated Tuesday, April 16th. The stock was bought at an average cost of $28.00 per share, with a total value of $49,980.00. Following the purchase, the executive vice president now directly owns 1,785 shares in the company, valued at approximately $49,980. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Karen K. Pepping purchased 3,571 shares of the stock in a transaction dated Tuesday, April 16th. The stock was bought at an average cost of $28.00 per share, with a total value of $99,988.00. Following the completion of the purchase, the chief accounting officer now owns 3,571 shares in the company, valued at $99,988. The disclosure for this purchase can be found here. In the last three months, insiders bought 199,997 shares of company stock valued at $5,599,916.

About UL Solutions

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.