1 week Ago By ABMN Staff
UL Solutions Inc. ( NYSE:ULS – Get Free Report ) shares saw unusually-strong trading volume on Friday . Approximately 1,039,299 shares changed hands during mid-day trading, an increase of 68% from the previous session’s volume of 617,511 shares.
The stock last traded at $49.46 and had previously closed at $49.90.
Wall Street Analyst Weigh In A number of analysts have recently commented on ULS shares. Robert W. Baird lifted their price target on UL Solutions from $46.
00 to $53.00 and gave the company a “neutral” rating in a research note on Thursday, August 1st. Wells Fargo & Company upped their price target on shares of UL Solutions from $43.
00 to $56.00 and gave the company an “overweight” rating in a research report on Thursday, August 1st. JPMorgan Chase & Co.
lifted their price target on shares of UL Solutions from $39.00 to $40.00 and gave the stock an “overweight” rating in a report on Tuesday, May 21st.
Baird R W cut shares of UL Solutions from a “strong-buy” rating to a “hold” rating in a research note on Friday, July 12th. Finally, The Goldman Sachs Group raised their target price on UL Solutions from $40.00 to $45.
00 and gave the stock a “neutral” rating in a research report on Thursday, August 1st. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.
com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $43.90. Read Our Latest Stock Report on UL Solutions UL Solutions Trading Down 2.
6 % UL Solutions ( NYSE:ULS – Get Free Report ) last announced its earnings results on Wednesday, July 31st. The company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.
38 by $0.06. The business had revenue of $730.
00 million for the quarter, compared to the consensus estimate of $718.73 million. The business’s revenue for the quarter was up 6.
0% on a year-over-year basis. On average, equities research analysts expect that UL Solutions Inc. will post 1.
48 EPS for the current fiscal year. UL Solutions Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 9th. Stockholders of record on Friday, August 30th will be paid a $0.
125 dividend. The ex-dividend date is Friday, August 30th. This represents a $0.
50 annualized dividend and a dividend yield of 1.03%. Institutional Inflows and Outflows Several institutional investors and hedge funds have recently bought and sold shares of ULS.
EverSource Wealth Advisors LLC bought a new stake in UL Solutions in the second quarter valued at $29,000. Sunbelt Securities Inc. bought a new stake in UL Solutions in the 2nd quarter valued at about $72,000.
Daiwa Securities Group Inc. acquired a new position in UL Solutions during the 2nd quarter worth approximately $84,000. TFC Financial Management Inc.
acquired a new position in UL Solutions during the 2nd quarter worth approximately $88,000. Finally, Bellecapital International Ltd. bought a new position in UL Solutions in the second quarter worth approximately $208,000.
UL Solutions Company Profile ( Get Free Report ) 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.
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