UL Solutions (NYSE:ULS) Given New $105.00 Price Target at Wells Fargo & Company

Key Points

• Wells Fargo raised its price target on UL Solutions to $105 from $104 and reiterated an “overweight” rating, implying 33.71% upside from the prior close.
• UL Solutions reported quarterly revenue of $823 million, up 5.1% year over year, and earnings of $0.62 per share, matching consensus estimates. Analysts’ consensus rating is “Moderate Buy,” with a $95.98 price target.
• Shares fell $1.87 to $78.53 on Wednesday. The stock’s gains may face a valuation headwind, with one analysis suggesting it trades about 13% above fair value.

UL Solutions (NYSE:ULS - Get Free Report) had its price objective lifted by analysts at Wells Fargo & Company from $104.00 to $105.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has an "overweight" rating on the stock. Wells Fargo & Company's target price would indicate a potential upside of 33.71% from the stock's previous close.

A number of other research analysts have also issued reports on ULS. The Goldman Sachs Group set a $86.00 price target on shares of UL Solutions in a research note on Wednesday, August 5th. William Blair restated an "outperform" rating on shares of UL Solutions in a research report on Monday, September 21st. UBS Group lifted their target price on shares of UL Solutions from $96.00 to $97.00 and gave the company a "buy" rating in a research report on Monday, October 12th. Wall Street Zen cut UL Solutions from a "buy" rating to a "hold" rating in a report on Saturday, July 25th. Finally, Robert W. Baird dropped their price target on shares of UL Solutions from $95.00 to $85.00 and set an "outperform" rating for the company in a research report on Thursday, September 24th. Seven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, UL Solutions has a consensus rating of "Moderate Buy" and a consensus target price of $95.98.

UL Solutions Price Performance

Shares of ULS stock traded down $1.87 during trading hours on Wednesday, hitting $78.53. The stock had a trading volume of 308,408 shares, compared to its average volume of 938,237. The stock's 50-day moving average price is $70.82 and its two-hundred day moving average price is $82.48. UL Solutions has a one year low of $63.17 and a one year high of $107.54. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.42 and a quick ratio of 1.42. The stock has a market capitalization of $15.86 billion, a price-to-earnings ratio of 31.75, a PEG ratio of 3.11 and a beta of 0.62.

UL Solutions (NYSE:ULS - Get Free Report) last issued its quarterly earnings results on Tuesday, November 3rd. The company reported $0.62 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.62. The company had revenue of $823.00 million during the quarter, compared to the consensus estimate of $815.72 million. UL Solutions had a return on equity of 28.81% and a net margin of 16.02%. UL Solutions's revenue was up 5.1% on a year-over-year basis. During the same period last year, the company earned $0.56 earnings per share. Equities analysts forecast that UL Solutions will post 2.09 EPS for the current year.

Insider Buying and Selling

In other UL Solutions news, CEO Jennifer Scanlon sold 12,500 shares of UL Solutions stock in a transaction dated Thursday, October 8th. The stock was sold at an average price of $70.08, for a total value of $876,000.00. Following the completion of the sale, the chief executive officer owned 126,724 shares in the company, valued at $8,880,817.92. The trade was a 8.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders own 1.20% of the company's stock.

Hedge Funds Weigh In On UL Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bessemer Group Inc. increased its stake in shares of UL Solutions by 2.0% in the 1st quarter. Bessemer Group Inc. now owns 2,265,772 shares of the company's stock valued at $194,199,000 after acquiring an additional 44,103 shares during the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of UL Solutions by 12.5% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 1,744,523 shares of the company's stock worth $147,534,000 after purchasing an additional 193,610 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in UL Solutions by 40,069.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,610,000 shares of the company's stock valued at $105,648,000 after purchasing an additional 1,605,992 shares during the last quarter. Pictet Asset Management Holding SA grew its stake in UL Solutions by 24.1% in the 3rd quarter. Pictet Asset Management Holding SA now owns 1,136,171 shares of the company's stock valued at $74,536,000 after buying an additional 220,700 shares during the last quarter. Finally, Reynders McVeigh Capital Management LLC increased its stake in shares of UL Solutions by 3.8% during the second quarter. Reynders McVeigh Capital Management LLC now owns 608,136 shares of the company's stock worth $61,945,000 after purchasing an additional 22,028 shares during the period.

Key Stories Impacting UL Solutions

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

• Positive Sentiment: Q3 revenue was $823 million, up 5.1% year over year and ahead of the roughly $816 million consensus. Adjusted earnings were $0.62 per share, compared with $0.56 a year ago, meeting the consensus cited in the company’s results coverage and topping Zacks’ $0.61 estimate. Article: UL Solutions Inc. Surpasses Q3 Earnings and Revenue Estimates
• Positive Sentiment: Coverage highlights strength in certification and testing demand, margin expansion, and strategic investment plans. Reports also say the company raised guidance, providing a favorable signal about its outlook. Article: ULS Q3 Deep Dive
• Neutral Sentiment: Some coverage frames the results and a forthcoming strategic deal as potential catalysts, while noting investors may weigh the growth opportunity against the stock’s valuation. Article: UL Solutions Q3 2026
• Negative Sentiment: Valuation is a counterweight to the strong quarter: one analysis estimates ULS trades about 13% above fair value. That may limit further upside or encourage profit-taking after the recent rally, helping explain the share-price weakness despite the earnings news. Article: UL Solutions Stock Could Be 13% Over Fair Value

About UL Solutions

UL Solutions Inc NYSE: ULS is a global applied safety science company that provides testing, inspection, certification, and advisory services. The company helps manufacturers, retailers, regulators, and other organizations evaluate the safety, security, performance, quality, and sustainability of products, facilities, and systems.

Its services cover a broad range of industries, including consumer products, industrial equipment, energy, mobility, information technology, and the built environment.

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