UL Solutions (NYSE:ULS) Now Covered by Analysts at Bank of America

Bank of America initiated coverage on shares of UL Solutions (NYSE:ULS) in a report released on Tuesday morning, Marketbeat.com reports. The firm issued a buy rating and a $42.00 target price on the stock.

UL Solutions Stock Down 0.8 %

Shares of ULS stock opened at $35.77 on Tuesday. UL Solutions has a 1 year low of $33.15 and a 1 year high of $36.92.

Insider Activity

In other news, CAO Karen K. Pepping purchased 3,571 shares of the stock in a transaction dated Tuesday, April 16th. The shares were purchased at an average cost of $28.00 per share, with a total value of $99,988.00. Following the completion of the purchase, the chief accounting officer now directly owns 3,571 shares of the company’s stock, valued at approximately $99,988. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. In other UL Solutions news, CAO Karen K. Pepping purchased 3,571 shares of the firm’s stock in a transaction dated Tuesday, April 16th. The shares were purchased at an average cost of $28.00 per share, with a total value of $99,988.00. Following the completion of the purchase, the chief accounting officer now owns 3,571 shares in the company, valued at approximately $99,988. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director James M. Shannon acquired 7,142 shares of the business’s stock in a transaction on Tuesday, April 16th. The stock was acquired at an average price of $28.00 per share, with a total value of $199,976.00. Following the acquisition, the director now owns 7,142 shares in the company, valued at approximately $199,976. The disclosure for this purchase can be found here. Insiders have purchased a total of 199,997 shares of company stock worth $5,599,916 over the last 90 days.

UL Solutions Company Profile

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.