United Parcel Service (NYSE:UPS) Stock Price Expected to Rise, Citigroup Analyst Says

United Parcel Service (NYSE:UPS) had its target price hoisted by equities researchers at Citigroup from $112.00 to $120.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “buy” rating on the transportation company’s stock. Citigroup’s target price indicates a potential upside of 26.27% from the stock’s previous close.

A number of other equities analysts also recently commented on the company. Stifel Nicolaus lowered their price objective on United Parcel Service from $120.00 to $109.00 and set a “buy” rating for the company in a research report on Tuesday. Barclays decreased their target price on United Parcel Service from $90.00 to $80.00 and set an “underweight” rating for the company in a research note on Thursday, July 31st. BMO Capital Markets restated a “market perform” rating and set a $96.00 target price (down previously from $125.00) on shares of United Parcel Service in a research note on Friday, September 19th. Wells Fargo & Company boosted their target price on United Parcel Service from $91.00 to $96.00 and gave the stock an “equal weight” rating in a research note on Wednesday. Finally, Wolfe Research decreased their target price on United Parcel Service from $113.00 to $112.00 and set an “outperform” rating for the company in a research note on Tuesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fifteen have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $110.00.

United Parcel Service Stock Down 2.4%

Shares of NYSE:UPS opened at $95.03 on Wednesday. The business has a 50-day moving average price of $86.14 and a 200 day moving average price of $93.07. The company has a current ratio of 1.30, a quick ratio of 1.32 and a debt-to-equity ratio of 1.50. The company has a market capitalization of $80.55 billion, a price-to-earnings ratio of 14.69, a PEG ratio of 2.29 and a beta of 1.10. United Parcel Service has a 12-month low of $82.00 and a 12-month high of $138.67.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.43. The company had revenue of $21.40 billion during the quarter, compared to the consensus estimate of $20.94 billion. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.United Parcel Service’s revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the company posted $1.76 EPS. United Parcel Service has set its Q4 2025 guidance at EPS. Sell-side analysts expect that United Parcel Service will post 7.95 EPS for the current year.

Insiders Place Their Bets

In other news, Director Christiana Smith Shi acquired 500 shares of United Parcel Service stock in a transaction dated Friday, August 22nd. The shares were acquired at an average cost of $88.17 per share, with a total value of $44,085.00. Following the purchase, the director directly owned 500 shares of the company’s stock, valued at approximately $44,085. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Company insiders own 0.13% of the company’s stock.

Institutional Investors Weigh In On United Parcel Service

Several hedge funds have recently modified their holdings of UPS. Hunter Associates Investment Management LLC grew its position in shares of United Parcel Service by 9.8% in the 3rd quarter. Hunter Associates Investment Management LLC now owns 7,456 shares of the transportation company’s stock worth $623,000 after acquiring an additional 666 shares in the last quarter. Gibbs Wealth Management grew its position in shares of United Parcel Service by 3.5% in the 3rd quarter. Gibbs Wealth Management now owns 3,774 shares of the transportation company’s stock worth $315,000 after acquiring an additional 128 shares in the last quarter. TrueMark Investments LLC grew its position in shares of United Parcel Service by 7.6% in the 3rd quarter. TrueMark Investments LLC now owns 16,177 shares of the transportation company’s stock worth $1,351,000 after acquiring an additional 1,140 shares in the last quarter. Strs Ohio grew its position in shares of United Parcel Service by 29.8% in the 3rd quarter. Strs Ohio now owns 492,025 shares of the transportation company’s stock worth $41,099,000 after acquiring an additional 112,911 shares in the last quarter. Finally, New Wave Wealth Advisors LLC acquired a new position in shares of United Parcel Service in the 3rd quarter worth approximately $302,000. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service Company Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.