Insider Selling: UL Solutions (NYSE:ULS) CEO Sells 12,500 Shares of Stock

Key Points

• CEO Jennifer Scanlon sold 12,500 shares on May 1 at an average price of $91.57 for $1,144,625, cutting her stake by 6.23% to 188,274 shares (≈$17.24M).
• Shares traded around $91.65 with a market cap of $18.42B and a P/E of 50.55, sitting close to a 52‑week high of $94.04 (50‑day/200‑day moving averages $85.22/$81.16).
• UL Solutions beat quarterly EPS estimates ($0.53 vs. $0.46), raised its quarterly dividend to $0.145 (annualized $0.58, 0.6% yield), and holds a consensus "Moderate Buy" analyst rating with a $88.42 price target.

UL Solutions Inc. (NYSE:ULS - Get Free Report) CEO Jennifer Scanlon sold 12,500 shares of UL Solutions stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $91.57, for a total transaction of $1,144,625.00. Following the transaction, the chief executive officer directly owned 188,274 shares of the company's stock, valued at approximately $17,240,250.18. This trade represents a 6.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

UL Solutions Stock Performance

Shares of NYSE:ULS traded up $1.16 during trading on Friday, hitting $91.65. 431,688 shares of the stock traded hands, compared to its average volume of 568,241. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.38. The company has a market cap of $18.42 billion, a price-to-earnings ratio of 50.55, a P/E/G ratio of 3.66 and a beta of 0.59. The company has a fifty day moving average price of $85.22 and a two-hundred day moving average price of $81.16. UL Solutions Inc. has a 52-week low of $58.78 and a 52-week high of $94.04.

UL Solutions (NYSE:ULS - Get Free Report) last posted its earnings results on Thursday, February 19th. The company reported $0.53 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.07. The firm had revenue of $789.00 million during the quarter, compared to analyst estimates of $782.37 million. UL Solutions had a net margin of 10.61% and a return on equity of 31.62%. The business's quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.49 EPS. As a group, equities analysts predict that UL Solutions Inc. will post 2.02 EPS for the current year.

UL Solutions Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 12th. Investors of record on Monday, March 2nd were paid a $0.145 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a $0.58 dividend on an annualized basis and a yield of 0.6%. This is an increase from UL Solutions's previous quarterly dividend of $0.13. UL Solutions's dividend payout ratio is 36.48%.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Zacks Research raised shares of UL Solutions from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 14th. BNP Paribas Exane assumed coverage on shares of UL Solutions in a research note on Monday, April 20th. They issued a "neutral" rating and a $95.00 price target on the stock. JPMorgan Chase & Co. lifted their price target on shares of UL Solutions from $84.00 to $88.00 and gave the company a "neutral" rating in a research note on Friday, February 20th. The Goldman Sachs Group reissued a "neutral" rating on shares of UL Solutions in a research note on Friday, February 20th. Finally, Citigroup dropped their price target on shares of UL Solutions from $88.10 to $87.80 and set a "neutral" rating on the stock in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat.com, UL Solutions currently has an average rating of "Moderate Buy" and a consensus price target of $88.42.

Institutional Investors Weigh In On UL Solutions

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. boosted its position in shares of UL Solutions by 18.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 864 shares of the company's stock valued at $61,000 after acquiring an additional 133 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its position in shares of UL Solutions by 4.3% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 3,541 shares of the company's stock valued at $251,000 after acquiring an additional 145 shares during the last quarter. Advisor OS LLC boosted its position in shares of UL Solutions by 4.4% during the 4th quarter. Advisor OS LLC now owns 3,477 shares of the company's stock valued at $274,000 after acquiring an additional 147 shares during the last quarter. Cresset Asset Management LLC boosted its position in shares of UL Solutions by 4.0% during the 2nd quarter. Cresset Asset Management LLC now owns 4,174 shares of the company's stock valued at $304,000 after acquiring an additional 159 shares during the last quarter. Finally, Daiwa Securities Group Inc. boosted its position in shares of UL Solutions by 1.3% during the 4th quarter. Daiwa Securities Group Inc. now owns 15,155 shares of the company's stock valued at $1,195,000 after acquiring an additional 194 shares during the last quarter.

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.

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