1ST Source Bank Purchases 522 Shares of United Parcel Service, Inc. $UPS

1ST Source Bank lifted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 9.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 6,070 shares of the transportation company’s stock after buying an additional 522 shares during the quarter. 1ST Source Bank’s holdings in United Parcel Service were worth $613,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Graybill Wealth Management LTD. bought a new position in shares of United Parcel Service in the 1st quarter worth about $26,000. Mid American Wealth Advisory Group Inc. bought a new stake in shares of United Parcel Service during the 2nd quarter valued at about $26,000. Hemington Wealth Management grew its stake in United Parcel Service by 68.9% during the first quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock worth $31,000 after purchasing an additional 115 shares during the period. Saudi Central Bank bought a new stake in United Parcel Service in the first quarter worth approximately $32,000. Finally, Flaharty Asset Management LLC acquired a new position in United Parcel Service in the first quarter valued at approximately $33,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

UPS has been the subject of several recent analyst reports. Stifel Nicolaus reduced their price objective on shares of United Parcel Service from $120.00 to $109.00 and set a “buy” rating for the company in a research report on Tuesday, October 28th. Susquehanna raised their price target on shares of United Parcel Service from $100.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft decreased their price target on shares of United Parcel Service from $100.00 to $88.00 and set a “hold” rating for the company in a research note on Thursday, October 2nd. Weiss Ratings reissued a “sell (d+)” rating on shares of United Parcel Service in a research report on Wednesday, October 8th. Finally, Evercore ISI decreased their target price on United Parcel Service from $103.00 to $97.00 and set an “in-line” rating for the company in a research report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $110.00.

United Parcel Service Trading Up 2.5%

NYSE UPS opened at $95.98 on Monday. 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 business has a fifty day simple moving average of $86.94 and a 200 day simple moving average of $92.93. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $138.67. The firm has a market capitalization of $81.35 billion, a P/E ratio of 14.84, a PEG ratio of 2.29 and a beta of 1.11.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.43. The firm had revenue of $21.42 billion for the quarter, compared to the consensus estimate of $20.94 billion. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The business’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.76 EPS. United Parcel Service has set its Q4 2025 guidance at EPS. On average, analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, November 17th will be given a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date of this dividend is Monday, November 17th. United Parcel Service’s dividend payout ratio is presently 101.39%.

Insider Buying and Selling

In other news, Director Christiana Smith Shi acquired 500 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was purchased at an average price of $88.17 per share, for a total transaction of $44,085.00. Following the purchase, the director owned 500 shares in the company, valued at approximately $44,085. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.13% of the company’s stock.

About United Parcel Service

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.