SCHEDULE 13G/A: FMR LLC and Abigail P. Johnson Disclose 7.2% Stake in UL Solutions Inc.
Beneficial Ownership Report
FMR LLC and its affiliates, along with Abigail P. Johnson, have filed an amended Schedule 13G, reporting a beneficial ownership of 7.2% of UL Solutions Inc.'s Class A Common Stock as of March 31, 2025.
Summary
- FMR LLC, a parent holding company, and Abigail P. Johnson, an individual, have jointly filed an Amendment No. 1 to Schedule 13G regarding their beneficial ownership in UL Solutions Inc.
- As of March 31, 2025, FMR LLC and Abigail P. Johnson collectively beneficially own 4,485,752.28 shares of UL Solutions Inc.'s Class A Common Stock.
- This aggregate amount represents 7.2% of the Class A Common Stock outstanding.
- FMR LLC holds sole voting power over 4,478,078.00 shares and sole dispositive power over 4,485,752.28 shares.
- Abigail P. Johnson, who is a Director, Chairman, and CEO of FMR LLC, holds sole dispositive power over 4,485,752.28 shares, reflecting her indirect beneficial ownership through FMR LLC.
- The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of UL Solutions Inc.
- Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, FIAM LLC, Fidelity Management Trust Company, FMR Investment Management (UK) Limited, and Strategic Advisers LLC, are identified as entities that beneficially own shares, with Fidelity Management & Research Company LLC owning 5% or greater.
Sentiment
Score: 6
Explanation: The sentiment is moderately positive. A major institutional investor like FMR LLC taking a significant stake (7.2%) in a company is generally viewed favorably, indicating a vote of confidence. The filing explicitly states the shares are held in the ordinary course of business and not for control, which reduces potential uncertainty.
Positives
- A significant stake by a major institutional investor like FMR LLC can signal confidence in UL Solutions Inc.'s long-term prospects.
- The filing indicates the shares are held in the ordinary course of business, suggesting a passive investment rather than an activist intent to influence control.
Risks
- While not a controlling stake, a significant ownership percentage by a single entity or group could, in some scenarios, lead to concerns about shareholder concentration, though this filing explicitly states no intent to influence control.
Future Outlook
NA
Industry Context
This filing is a standard disclosure of beneficial ownership by a large asset manager in a publicly traded company. It does not provide specific insights into UL Solutions Inc.'s operational performance or industry trends, but rather reflects an investment decision by FMR LLC within the broader financial services sector.
Stakeholder Impact
- Shareholders: The disclosure of a significant stake by a prominent institutional investor like FMR LLC may be viewed positively, potentially increasing investor confidence and attracting further institutional interest.
- Company Management: Awareness of a large, passive institutional holder may influence strategic considerations, though the filing explicitly states no intent to influence control.
Key Dates
| Date | Description |
|---|---|
| 2023-01-03 | Effective date of Power of Attorney for FMR LLC and its direct and indirect subsidiaries. |
| 2023-01-10 | Date of Schedule 13G filing by FMR LLC where the Power of Attorney (accession number: -23-000003) was incorporated by reference. |
| 2023-01-26 | Effective date of Power of Attorney for Abigail P. Johnson. |
| 2023-01-31 | Date of Schedule 13G filing by FMR LLC where Abigail P. Johnson's Power of Attorney (accession number: -23-000038) was incorporated by reference. |
| 2025-03-31 | Date of event which requires filing of this statement (measurement date for beneficial ownership). |
| 2025-05-09 | Signature date of the Schedule 13G Amendment No. 1 filing. |
Keywords
UL Solutions Inc., FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Class A Common Stock, Institutional Investor, SEC Filing, Investment Management
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