<div id="readability-page-1"><p>New York State Teachers Retirement System acquired a new stake in  UL Solutions Inc. (NYSE:ULS - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor  acquired 23,797 shares of the company's stock, valued at approximately $1,877,000.</p><ul><li>UL Solutions Stock Breakout Imminent – Is Now the Time to Buy?</li></ul><p>Several other large investors have also recently made changes to their positions in the business. Assetmark Inc. purchased a new position in shares of  UL Solutions in the 3rd quarter worth about $40,000.  Northwestern Mutual Wealth Management Co. raised its position in  UL Solutions by 3,070.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 634 shares of the company's stock worth $46,000 after acquiring an additional 614 shares during the period.  PNC Financial Services Group Inc. raised its position in  UL Solutions by 18.2% in the third quarter. PNC Financial Services Group Inc. now owns 864 shares of the company's stock worth $61,000 after acquiring an additional 133 shares during the period.  Rhumbline Advisers purchased a new position in  UL Solutions in the first quarter valued at about $49,000.  Finally, Farther Finance Advisors LLC grew its position in shares of  UL Solutions by 3,720.6% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,299 shares of the company's stock valued at $92,000 after acquiring an additional 1,265 shares during the period. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities research analysts recently commented on the stock. Weiss Ratings cut shares of UL Solutions from a &#34;buy (b-)&#34; rating to a &#34;hold (c+)&#34; rating in a report on Friday, February 20th. Wells Fargo &amp; Company increased their price objective on UL Solutions from $102.00 to $120.00 and gave the company an &#34;overweight&#34; rating in a report on Wednesday. Telsey Advisory Group  set a $100.00 target price on UL Solutions in a research report on Wednesday. Zacks Research upgraded UL Solutions from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research note on Tuesday, April 14th. Finally, BNP Paribas Exane initiated coverage on UL Solutions in a research report on Monday, April 20th. They set a &#34;neutral&#34; rating and a $95.00 price target on the stock. One research analyst  has rated the stock with a Strong Buy rating, four have given a Buy rating and six have issued  a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $101.54.</p><p><b>View Our Latest Stock Report on ULS</b></p><h2>Insiders Place Their Bets</h2><p>In other news, CEO Jennifer F. Scanlon sold 12,500 shares of the company's stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $91.57, for a total transaction of $1,144,625.00. Following the sale, the chief executive officer directly owned 188,274 shares in the company, valued at $17,240,250.18. This represents a 6.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 1.20% of the stock is owned by insiders. </p><h2>UL Solutions Trading Up 1.1%</h2><p>NYSE:ULS opened at $100.47 on Friday. The company has a market cap of $20.20 billion, a P/E ratio of 58.75, a P/E/G ratio of 4.02 and a beta of 0.59. The stock's fifty day moving average price is $86.62 and its two-hundred day moving average price is $81.81. UL Solutions Inc. has a 1 year low of $61.64 and a 1 year high of $107.54. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.16 and a quick ratio of 1.32. </p><p>UL Solutions (NYSE:ULS - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.08. UL Solutions had a return on equity of 30.99% and a net margin of 11.24%.The company had revenue of $758.00 million during the quarter, compared to analysts' expectations of $748.50 million. During the same period in the previous year, the business earned $0.37 earnings per share. The firm's quarterly revenue was up 7.5% compared to the same quarter last year.  As a group, analysts expect that  UL Solutions Inc. will post 2.02 EPS for the current year. </p><h2>UL Solutions Increases Dividend</h2><p>The business also recently announced a quarterly dividend, which was paid on Thursday, March 12th. Shareholders of record on Monday, March 2nd were paid a $0.145 dividend. The ex-dividend date was Monday, March 2nd. This represents a $0.58 annualized dividend 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 33.92%. </p><h2>About UL Solutions</h2> (Free Report)<p>UL Solutions <span>NYSE: ULS<span></span></span> 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.  </p><p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than UL Solutions</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVVMUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVVMUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in UL Solutions Right Now?</h2><p>Before you consider UL Solutions, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and UL Solutions wasn't on the list.</p><p>While UL Solutions currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>New York State Teachers Retirement System has invested $1.88 million in UL Solutions Inc. by acquiring 23,797 shares. Other investors have also adjusted their positions in the company. Analysts have mixed ratings on UL Solutions, with a consensus rating of "Moderate Buy" and a price target of $101.54. CEO Jennifer F. Scanlon sold 12,500 shares recently, reducing her ownership. UL Solutions reported better-than-expected earnings and revenue growth, and has announced a quarterly dividend of $0.145.</p>

Market Beat

UL Solutions

PNC Financial Services

Wells Fargo

BNP Paribas

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

New York State Teachers Retirement System Makes New $1.88 Million Investment in UL Solutions Inc. $ULS