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Date | Price Target | Rating | Analyst |
---|---|---|---|
10/7/2024 | $60.00 | Buy | Citigroup |
7/12/2024 | $41.00 → $46.00 | Outperform → Neutral | Robert W. Baird |
Fourth Quarter 2024 (Comparisons to Fourth Quarter 2023 unless otherwise noted)1 Strong revenue growth of 8.0% to $739 million, including 9.5% organic growth Net income of $85 million increased 37.1%, Net income margin of 11.5%, expanded 240 basis points Diluted earnings per share of $0.40 increased 37.9%, Adjusted Diluted Earnings Per Share of $0.49 increased 69.0% Adjusted EBITDA of $169 million increased 27.1%, Adjusted EBITDA margin of 22.9% expanded 350 basis points Full Year 2024 (Comparisons to Full Year 2023 unless otherwise noted)1 Strong revenue growth of 7.2% to $2.9 billion, including 8.7% organic growth Net income of $345 million increased 25.0%, Net income margin
UL Solutions Inc. (NYSE:ULS), a global leader in applied safety science, today announced the intended nomination of a new member to its board of directors and the future departure of two current members. Director Frank Coyne will not be nominated for election at the company's 2025 annual meeting of stockholders in accordance with the board's director retirement policy. Director Lisa Lambert has notified the board that she will not stand for election at the annual meeting for personal reasons. The board intends to nominate Vikram Kini, senior vice president and chief financial officer of Ingersoll Rand Inc., to stand for election at the annual meeting. "After 16 years of service, we th
The new multi-laboratory facility will help fire-safety and building-material product manufacturers bring innovations to market. UL Solutions Inc. (NYSE:ULS), a global leader in applied safety science, today announced the development of a new Global Fire Science Center of Excellence in Northbrook, Illinois, enhancing the company's global leadership position in the fire safety, security, and building and construction markets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250211001793/en/UL Solutions announced the development of its new Global Fire Science Center of Excellence that will address critical customer safety and sust
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10-K - UL Solutions Inc. (0001901440) (Filer)
8-K - UL Solutions Inc. (0001901440) (Filer)
SCHEDULE 13G/A - UL Solutions Inc. (0001901440) (Subject)
Citigroup resumed coverage of UL Solutions Inc. with a rating of Buy and set a new price target of $60.00
Robert W. Baird downgraded UL Solutions Inc. from Outperform to Neutral and set a new price target of $46.00 from $41.00 previously
Alex Dadakis to join UL Solutions leadership team in newly created role UL Solutions Inc. (NYSE:ULS), a global leader in applied safety science, today announced it appointed Alex Dadakis as Executive Vice President, Chief Business Operations and Innovation Officer. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241205299962/en/UL Solutions announced the appointment of Alex Dadakis as Executive Vice President, Chief Business Operations and Innovation Officer, effective Jan. 27, 2025. (Photo: Business Wire) Dadakis, who most recently served as Senior Vice President, Global Head of Strategy and Corporate Development at Germany-ba
Deal deepens UL Solutions' global expertise in battery performance testing and expands our global EV battery testing footprint. UL Solutions Inc. (NYSE:ULS), a global leader in applied safety science, today announced our acquisition of BatterieIngenieure GmbH, a battery testing company based in Aachen, Germany, with expertise in specialized performance testing of cell, small modules and battery systems used in electric vehicles and other applications. The acquisition augments UL Solutions' global battery testing footprint with a laboratory in Europe. BatterieIngenieure provides comprehensive testing, simulation and failure analysis of battery technologies, with distinctive expertise in
UL Solutions Inc. (NYSE:ULS), a global safety science leader, today announced that its board of directors has declared a quarterly dividend of $0.13 per share, an increase of $0.005 per share, bringing the annual dividend rate to $0.52 per share, up 4% from the previous annual rate. The dividend will be paid on March 10, 2025, to shareholders of record as of the close of business on Feb. 28, 2025. "UL Solutions is pleased to increase our quarterly dividend and provide this additional return to shareholders," said Jennifer Scanlon, president and CEO. About UL Solutions A global leader in applied safety science, UL Solutions Inc. transforms safety, security and sustainability challenges
UL Solutions Inc. (NYSE:ULS), a global leader in applied safety science, today announced it will release financial results for the fourth quarter and full year 2024 before the market opens on Thursday, February 20. Management will host a webcast and conference call that same day at 8:30 a.m. EST (7:30 a.m. CST) to review results. Webcast and Conference Call The conference call will be broadcast live over the Internet. Additionally, a slide presentation will accompany the conference call. To listen to the call and view the slides, please visit the Investors section of UL Solutions' website at www.ul.com. For those who are unable to listen to the live broadcast, an audio replay of the con
UL Solutions Inc. (NYSE:ULS), a global leader in applied safety science, today announced that its Board of Directors has declared a quarterly dividend of $0.125 per share. The dividend will be paid on December 9, 2024, to shareholders of record as of the close of business on November 29, 2024. About UL Solutions A global leader in applied safety science, UL Solutions Inc. transforms safety, security and sustainability challenges into opportunities for customers in more than 110 countries. UL Solutions Inc. delivers testing, inspection and certification services together with software products and advisory offerings that support our customers' product innovation and business growth. The