NewEdge Wealth LLC Takes Position in UL Solutions Inc. $ULS

NewEdge Wealth LLC acquired a new stake in shares of UL Solutions Inc. (NYSE:ULS) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 63,101 shares of the company’s stock, valued at approximately $4,471,000.

A number of other hedge funds have also bought and sold shares of the business. Bessemer Group Inc. lifted its stake in UL Solutions by 13.8% during the 3rd quarter. Bessemer Group Inc. now owns 2,151,390 shares of the company’s stock valued at $152,448,000 after acquiring an additional 261,603 shares during the period. Allspring Global Investments Holdings LLC bought a new position in UL Solutions during the third quarter valued at approximately $97,803,000. Norges Bank purchased a new stake in UL Solutions in the second quarter worth approximately $89,174,000. Geode Capital Management LLC boosted its holdings in UL Solutions by 53.1% in the second quarter. Geode Capital Management LLC now owns 999,507 shares of the company’s stock worth $72,837,000 after purchasing an additional 346,633 shares during the last quarter. Finally, Federated Hermes Inc. grew its position in UL Solutions by 25.0% in the 3rd quarter. Federated Hermes Inc. now owns 821,596 shares of the company’s stock worth $58,218,000 after purchasing an additional 164,396 shares during the period.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the company. 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 report on Friday. Wells Fargo & Company upped their price objective on UL Solutions from $97.00 to $102.00 and gave the company an “overweight” rating in a research report on Friday. Weiss Ratings reissued a “buy (b)” rating on shares of UL Solutions in a research report on Monday, December 29th. Zacks Research downgraded UL Solutions from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 29th. Finally, The Goldman Sachs Group reiterated a “neutral” rating on shares of UL Solutions in a research note on Friday. Five research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $85.50.

More UL Solutions News

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

• Positive Sentiment: Q4 results beat consensus: UL reported $0.53 EPS vs. $0.46 expected and revenue of $789M (vs. ~$782M), with revenue up ~6.8% YoY — a clear near‑term fundamental positive for the stock. MarketBeat Q4 release
• Positive Sentiment: Dividend increase: UL’s board raised the quarterly dividend to $0.145 (an ~11.5% hike), payable March 12 (ex‑dividend March 2), which supports the income profile and signals confidence in cash flow.
• Positive Sentiment: Analyst upgrade: Wells Fargo raised its price target to $102 and kept an overweight view, implying meaningful upside from current levels and signaling bullish analyst conviction. TickerReport on Wells Fargo note
• Neutral Sentiment: Analyst tweak with limited bullishness: JPMorgan nudged its target to $88 but retained a “neutral” rating, indicating only modest upside and mixed views on near‑term catalysts. Benzinga note
• Neutral Sentiment: Management commentary and details are now available (earnings call transcript and slide deck). Investors should scan the call for guidance and comments on lab investments and segment realignment that will shape future growth. Earnings call transcript
• Neutral Sentiment: Deep‑dive commentary highlights strategic investments: coverage notes the company is investing in labs and realigning segments to reshape long‑term growth — potentially positive long term but ambiguous near term. MSN deep dive
• Negative Sentiment: Market is pricing caution: despite the beat and dividend, shares fell — likely reflecting a combination of profit‑taking after recent gains, high valuation metrics (PE near the upper range), and investor concern about near‑term margin pressure from increased lab spending/realignment. Coverage comparing key metrics highlights areas investors are watching closely. Zacks analysis

UL Solutions Stock Performance

NYSE:ULS opened at $80.10 on Friday. The company has a debt-to-equity ratio of 0.38, a quick ratio of 1.33 and a current ratio of 1.32. The stock has a 50-day simple moving average of $76.06 and a two-hundred day simple moving average of $75.04. The firm has a market capitalization of $16.09 billion, a PE ratio of 50.37, a P/E/G ratio of 4.59 and a beta of 1.11. UL Solutions Inc. has a 52-week low of $49.34 and a 52-week high of $91.95.

UL Solutions (NYSE:ULS) last posted its quarterly earnings data on Thursday, February 19th. The company reported $0.53 EPS for the quarter, topping the consensus estimate of $0.46 by $0.07. The firm had revenue of $789.00 million for the quarter, compared to the consensus estimate of $782.37 million. UL Solutions had a return on equity of 31.62% and a net margin of 10.61%.The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.49 earnings per share. Analysts forecast that UL Solutions Inc. will post 1.69 EPS for the current year.

UL Solutions Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 12th. Shareholders of record on Monday, March 2nd will be issued a dividend of $0.145 per share. This is an increase from UL Solutions’s previous quarterly dividend of $0.13. This represents a $0.58 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Monday, March 2nd. UL Solutions’s payout ratio is presently 31.14%.

UL Solutions Company Profile

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.