Accredited Investors Inc. lowered its holdings in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 0.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 783,700 shares of the transportation company’s stock after selling 721 shares during the quarter. United Parcel Service accounts for about 4.7% of Accredited Investors Inc.’s portfolio, making the stock its 7th largest position. Accredited Investors Inc. owned about 0.09% of United Parcel Service worth $79,107,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Cornerstone Wealth Group LLC lifted its stake in shares of United Parcel Service by 3.9% during the 2nd quarter. Cornerstone Wealth Group LLC now owns 2,557 shares of the transportation company’s stock worth $258,000 after acquiring an additional 97 shares during the last quarter. Bangor Savings Bank lifted its holdings in United Parcel Service by 1.9% during the second quarter. Bangor Savings Bank now owns 5,413 shares of the transportation company’s stock worth $546,000 after buying an additional 101 shares during the period. First Dallas Securities Inc. grew its position in shares of United Parcel Service by 0.9% in the 1st quarter. First Dallas Securities Inc. now owns 11,421 shares of the transportation company’s stock worth $1,256,000 after buying an additional 102 shares during the last quarter. Fortis Capital Advisors LLC increased its position in shares of United Parcel Service by 3.4% during the first quarter. Fortis Capital Advisors LLC now owns 3,185 shares of the transportation company’s stock worth $350,000 after purchasing an additional 104 shares in the last quarter. Finally, Wright Investors Service Inc. raised its stake in United Parcel Service by 1.3% in the second quarter. Wright Investors Service Inc. now owns 7,861 shares of the transportation company’s stock valued at $793,000 after buying an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities research analysts have recently weighed in on the stock. Truist Financial boosted their price objective on shares of United Parcel Service from $100.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Susquehanna upped their price objective on shares of United Parcel Service from $100.00 to $105.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Weiss Ratings reiterated a “sell (d+)” rating on shares of United Parcel Service in a research report on Wednesday, October 8th. Vertical Research reissued a “hold” rating and set a $103.00 target price on shares of United Parcel Service in a report on Wednesday, July 30th. Finally, Bank of America lowered their price target on shares of United Parcel Service from $83.00 to $81.00 and set an “underperform” rating on the stock in a research report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $110.00.
Insider Buying and Selling at United Parcel Service
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, for a total transaction of $44,085.00. Following the acquisition, the director owned 500 shares of the company’s stock, valued at $44,085. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.13% of the company’s stock.
United Parcel Service Price Performance
UPS stock opened at $95.01 on Wednesday. The company has a market capitalization of $80.53 billion, a PE ratio of 14.69, a P/E/G ratio of 2.29 and a beta of 1.11. United Parcel Service, Inc. has a 12-month low of $82.00 and a 12-month high of $138.67. 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’s fifty day moving average price is $87.24 and its 200 day moving average price is $92.87.
United Parcel Service (NYSE:UPS – Get Free Report) last announced its quarterly earnings data on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.43. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The firm had revenue of $21.42 billion during the quarter, compared to analysts’ expectations of $20.94 billion. During the same quarter in the previous year, the business posted $1.76 earnings per share. The business’s quarterly revenue was down 3.7% compared to the same quarter last year. United Parcel Service has set its Q4 2025 guidance at EPS. On average, sell-side analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current year.
United Parcel Service Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, November 17th will be paid a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date is Monday, November 17th. United Parcel Service’s dividend payout ratio is presently 101.39%.
United Parcel Service 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.
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