Allworth Financial LP Buys 40,110 Shares of United Parcel Service, Inc. $UPS

Allworth Financial LP increased its stake in United Parcel Service, Inc. (NYSE:UPS) by 26.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 189,045 shares of the transportation company’s stock after acquiring an additional 40,110 shares during the period. Allworth Financial LP’s holdings in United Parcel Service were worth $19,082,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Andra AP fonden grew its holdings in United Parcel Service by 95.9% in the 2nd quarter. Andra AP fonden now owns 332,983 shares of the transportation company’s stock worth $33,611,000 after acquiring an additional 163,000 shares during the last quarter. Equity Investment Corp grew its stake in shares of United Parcel Service by 16.8% in the second quarter. Equity Investment Corp now owns 1,130,550 shares of the transportation company’s stock worth $114,118,000 after purchasing an additional 162,364 shares during the last quarter. Founders Capital Management LLC raised its holdings in shares of United Parcel Service by 8.3% during the second quarter. Founders Capital Management LLC now owns 111,405 shares of the transportation company’s stock valued at $11,245,000 after acquiring an additional 8,579 shares in the last quarter. Gallacher Capital Management LLC bought a new position in United Parcel Service in the 1st quarter worth $620,000. Finally, Fullcircle Wealth LLC raised its holdings in United Parcel Service by 3.7% in the 2nd quarter. Fullcircle Wealth LLC now owns 92,182 shares of the transportation company’s stock worth $9,305,000 after purchasing an additional 3,259 shares in the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service Stock Performance

Shares of UPS stock opened at $93.12 on Tuesday. The company has a market capitalization of $78.93 billion, a price-to-earnings ratio of 14.39, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.32 and a current ratio of 1.30. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $138.67. The company’s 50-day moving average is $87.05 and its 200 day moving average is $92.89.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate 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 was down 3.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. Sell-side analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Monday, November 17th will be paid a $1.64 dividend. The ex-dividend date is Monday, November 17th. This represents a $6.56 annualized dividend and a dividend yield of 7.0%. United Parcel Service’s payout ratio is currently 101.39%.

Analysts Set New Price Targets

UPS has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft reduced their price target on shares of United Parcel Service from $100.00 to $88.00 and set a “hold” rating on the stock in a research report on Thursday, October 2nd. Bank of America reduced their target price on United Parcel Service from $83.00 to $81.00 and set an “underperform” rating on the stock in a report on Friday, September 26th. Truist Financial increased their target price on United Parcel Service from $100.00 to $120.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Wall Street Zen upgraded United Parcel Service from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Stephens upgraded United Parcel Service to a “hold” rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, United Parcel Service presently has a consensus rating of “Hold” and an average target price of $110.00.

Insider Activity

In other United Parcel Service news, Director Christiana Smith Shi acquired 500 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The shares were bought at an average cost of $88.17 per share, with a total value of $44,085.00. Following the completion of the transaction, the director directly owned 500 shares of the company’s stock, valued at approximately $44,085. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.13% of the stock is currently owned by insiders.

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.