UL Solutions Inc Announces Public Offering of 12.5 Million Shares
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 12 2024
0mins
Should l Buy ULS?
Source: SeekingAlpha
UL Solutions Inc. is down 3.02% in pre-market trading, hitting a 20-day low. This decline follows the announcement of a public offering of 12.5 million shares at $78 each.
The offering, which consists entirely of secondary shares, is led by Goldman Sachs and J.P. Morgan. The company will not receive any proceeds from this transaction, as it is primarily aimed at enhancing liquidity for existing shareholders.
This public offering may impact investor sentiment and the stock's performance in the near term, as it reflects the company's ongoing engagement in capital markets while not directly benefiting its capital structure.
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Analyst Views on ULS
Wall Street analysts forecast ULS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ULS is 89.00 USD with a low forecast of 79.00 USD and a high forecast of 97.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
2 Buy
3 Hold
0 Sell
Moderate Buy
Current: 69.340
Low
79.00
Averages
89.00
High
97.00
Current: 69.340
Low
79.00
Averages
89.00
High
97.00
About ULS
UL Solutions Inc. is a global safety science company. The Company provides independent testing, inspection and certification (TIC) services and related software and advisory (S&A) offerings to customers worldwide. Its segments include Industrial, Consumer, and Software and Advisory. Industrial segment provides TIC services to help ensure that its customers' industrial products meet or exceed international standards for product safety, performance, cybersecurity and sustainability. Its services serve end markets such as energy, industrial automation, engineered materials and built environment. Consumer segment provides a variety of global product market acceptance and risk mitigation services for customers in the consumer products end market, including consumer electronics, medical devices, information technologies and appliances. The S&A business offers complementary software and advisory solutions. It also specializes in performance testing of cells, small modules and battery systems.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
UL Solutions Sees High Options Volatility as Analysts Raise Earnings Estimates
- Options Market Volatility: The January 16, 2026, $60 put option for UL Solutions shows high implied volatility, indicating that the market expects significant stock movement, potentially linked to an upcoming event that could impact investor sentiment.
- Earnings Estimate Revisions: Over the past 60 days, three analysts have raised their earnings estimates for UL Solutions for the current quarter from $0.43 to $0.46 per share, reflecting growing confidence in the company's future performance.
- Industry Ranking Advantage: UL Solutions holds a Zacks Rank of #2 in the Business – Services industry, placing it in the top 30% of the Zacks Industry Rank, which highlights the company's competitive position and market recognition.
- Trading Strategy Potential: The high implied volatility may attract options traders to employ strategies that involve selling options to capture time decay, which could yield potential profits if the stock does not move as much as anticipated.
See More
UL Solutions Completes 12.5M Secondary Offering, Additional 1.875M Shares Sold
- Successful Offering: UL Solutions completed a secondary public offering of 12.5 million shares, with underwriters fully exercising their option to purchase an additional 1.875 million shares at a public offering price of $78.00 per share, indicating sustained market demand for its stock.
- No Revenue Impact: The additional shares were sold by UL Standards & Engagement, and UL Solutions did not offer any shares itself, thus not receiving any proceeds, reflecting a cautious approach in capital management.
- Strong Underwriter Lineup: Goldman Sachs and J.P. Morgan acted as lead underwriters, supported by several other financial institutions, demonstrating market confidence and backing for UL Solutions.
- Compliance and Transparency: The offering was conducted under SEC's S-3 registration process, ensuring transparency in information disclosure and further enhancing investor trust in the company.
See More
UL Solutions Completes 12.5M Share Offering with Full Exercise of 1.875M Additional Shares
- Successful Offering: UL Solutions announced the successful completion of a secondary public offering of 12.5 million shares of Class A common stock, with underwriters fully exercising their option for an additional 1.875 million shares at a public offering price of $78.00 per share, although the company did not receive any proceeds from this sale.
- Strong Underwriting Team: The offering was led by Goldman Sachs and J.P. Morgan, with participation from several other prominent financial institutions, reflecting strong market confidence and support for UL Solutions, thereby enhancing its influence in capital markets.
- Compliance Assurance: The offering was conducted under a shelf registration statement on Form S-3 filed on August 5, 2025, ensuring compliance and boosting investor trust, which further solidifies the company's market position.
- Market Outlook: As a global leader in safety science, UL Solutions is committed to providing innovative products and services, and the proceeds from this offering will support its ongoing expansion and sustainable growth in global markets.
See More
UL Solutions partners with Saudi Electricity Company to enhance fire safety.
MOU Signing: UL Solutions signed a Memorandum of Understanding with Saudi Electricity Company to enhance fire protection and life safety standards in Saudi Arabia.
Collaboration Focus: The initiative aims to combine UL Solutions' fire-safety expertise with SEC's infrastructure to improve fire prevention in communities and the energy sector.
Training and Certification: The partnership will emphasize targeted fire safety training, testing, certification of systems, and risk management to develop local technical skills.
Additional Information: UL Solutions is also involved in various financial activities, including a secondary public offering and presentations at investor conferences.
See More
UL Solutions Signs MOU with Saudi Electricity Company to Enhance Fire Safety Standards
- MOU Signing: UL Solutions has signed a memorandum of understanding with Saudi Electricity Company to collaboratively enhance fire protection and life safety standards, thereby reducing fire risks and improving public safety.
- Training Program Development: The partnership will focus on developing targeted fire safety training programs based on UL standards, enhancing local technical expertise to ensure safety compliance in rapidly developing Saudi Electricity projects.
- Risk Management Priority: By combining UL Solutions' fire safety expertise with Saudi Electricity Company's extensive reach, this initiative aims to strengthen fire prevention capabilities from local communities to the entire energy sector, ensuring the safety of infrastructure assets.
- Commitment to Continuous Improvement: Executives from Saudi Electricity Company stated that this collaboration reflects their ongoing commitment to elevating fire and life safety practices, ensuring they remain at the forefront of global fire protection standards in the energy sector.
See More
UL Solutions Partners with Saudi Electricity Company to Enhance Fire Safety Standards
- MOU Signing: UL Solutions has signed a memorandum of understanding with Saudi Electricity Company to collaboratively enhance fire protection and life safety standards, reflecting a shared commitment to reducing fire risks and improving public safety.
- Training Program Development: The partnership will focus on developing targeted fire safety training programs based on UL standards, which will not only enhance local technical expertise but also strengthen fire prevention capabilities across communities and the energy sector, ensuring the safety of infrastructure assets.
- Alignment with Global Standards: By combining UL Solutions' extensive fire safety expertise with Saudi Electricity Company's nationwide reach, the initiative aims to reinforce alignment with global fire protection standards, promoting safety excellence in the energy sector.
- Risk Management Focus: This collaborative project prioritizes operational excellence and risk management, ensuring effective protection of people and property amidst the rapid developments of Saudi Electricity Company's projects, thereby meeting the increasing safety compliance demands.
See More
UL Solutions Sees High Options Volatility as Analysts Raise Earnings Estimates
- Options Market Volatility: The January 16, 2026, $60 put option for UL Solutions shows high implied volatility, indicating that the market expects significant stock movement, potentially linked to an upcoming event that could impact investor sentiment.
- Earnings Estimate Revisions: Over the past 60 days, three analysts have raised their earnings estimates for UL Solutions for the current quarter from $0.43 to $0.46 per share, reflecting growing confidence in the company's future performance.
- Industry Ranking Advantage: UL Solutions holds a Zacks Rank of #2 in the Business – Services industry, placing it in the top 30% of the Zacks Industry Rank, which highlights the company's competitive position and market recognition.
- Trading Strategy Potential: The high implied volatility may attract options traders to employ strategies that involve selling options to capture time decay, which could yield potential profits if the stock does not move as much as anticipated.
See More
UL Solutions Completes 12.5M Secondary Offering, Additional 1.875M Shares Sold
- Successful Offering: UL Solutions completed a secondary public offering of 12.5 million shares, with underwriters fully exercising their option to purchase an additional 1.875 million shares at a public offering price of $78.00 per share, indicating sustained market demand for its stock.
- No Revenue Impact: The additional shares were sold by UL Standards & Engagement, and UL Solutions did not offer any shares itself, thus not receiving any proceeds, reflecting a cautious approach in capital management.
- Strong Underwriter Lineup: Goldman Sachs and J.P. Morgan acted as lead underwriters, supported by several other financial institutions, demonstrating market confidence and backing for UL Solutions.
- Compliance and Transparency: The offering was conducted under SEC's S-3 registration process, ensuring transparency in information disclosure and further enhancing investor trust in the company.
See More
UL Solutions Completes 12.5M Share Offering with Full Exercise of 1.875M Additional Shares
- Successful Offering: UL Solutions announced the successful completion of a secondary public offering of 12.5 million shares of Class A common stock, with underwriters fully exercising their option for an additional 1.875 million shares at a public offering price of $78.00 per share, although the company did not receive any proceeds from this sale.
- Strong Underwriting Team: The offering was led by Goldman Sachs and J.P. Morgan, with participation from several other prominent financial institutions, reflecting strong market confidence and support for UL Solutions, thereby enhancing its influence in capital markets.
- Compliance Assurance: The offering was conducted under a shelf registration statement on Form S-3 filed on August 5, 2025, ensuring compliance and boosting investor trust, which further solidifies the company's market position.
- Market Outlook: As a global leader in safety science, UL Solutions is committed to providing innovative products and services, and the proceeds from this offering will support its ongoing expansion and sustainable growth in global markets.
See More
UL Solutions partners with Saudi Electricity Company to enhance fire safety.
MOU Signing: UL Solutions signed a Memorandum of Understanding with Saudi Electricity Company to enhance fire protection and life safety standards in Saudi Arabia.
Collaboration Focus: The initiative aims to combine UL Solutions' fire-safety expertise with SEC's infrastructure to improve fire prevention in communities and the energy sector.
Training and Certification: The partnership will emphasize targeted fire safety training, testing, certification of systems, and risk management to develop local technical skills.
Additional Information: UL Solutions is also involved in various financial activities, including a secondary public offering and presentations at investor conferences.
See More
UL Solutions Signs MOU with Saudi Electricity Company to Enhance Fire Safety Standards
- MOU Signing: UL Solutions has signed a memorandum of understanding with Saudi Electricity Company to collaboratively enhance fire protection and life safety standards, thereby reducing fire risks and improving public safety.
- Training Program Development: The partnership will focus on developing targeted fire safety training programs based on UL standards, enhancing local technical expertise to ensure safety compliance in rapidly developing Saudi Electricity projects.
- Risk Management Priority: By combining UL Solutions' fire safety expertise with Saudi Electricity Company's extensive reach, this initiative aims to strengthen fire prevention capabilities from local communities to the entire energy sector, ensuring the safety of infrastructure assets.
- Commitment to Continuous Improvement: Executives from Saudi Electricity Company stated that this collaboration reflects their ongoing commitment to elevating fire and life safety practices, ensuring they remain at the forefront of global fire protection standards in the energy sector.
See More
UL Solutions Partners with Saudi Electricity Company to Enhance Fire Safety Standards
- MOU Signing: UL Solutions has signed a memorandum of understanding with Saudi Electricity Company to collaboratively enhance fire protection and life safety standards, reflecting a shared commitment to reducing fire risks and improving public safety.
- Training Program Development: The partnership will focus on developing targeted fire safety training programs based on UL standards, which will not only enhance local technical expertise but also strengthen fire prevention capabilities across communities and the energy sector, ensuring the safety of infrastructure assets.
- Alignment with Global Standards: By combining UL Solutions' extensive fire safety expertise with Saudi Electricity Company's nationwide reach, the initiative aims to reinforce alignment with global fire protection standards, promoting safety excellence in the energy sector.
- Risk Management Focus: This collaborative project prioritizes operational excellence and risk management, ensuring effective protection of people and property amidst the rapid developments of Saudi Electricity Company's projects, thereby meeting the increasing safety compliance demands.
See More
