ABN Amro Investment Solutions Acquires Shares of 63,869 United Parcel Service, Inc. $UPS

ABN Amro Investment Solutions bought a new position in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 63,869 shares of the transportation company’s stock, valued at approximately $6,447,000.

Several other institutional investors have also recently made changes to their positions in UPS. Cornerstone Wealth Group LLC raised its holdings in United Parcel Service by 3.9% in the second quarter. Cornerstone Wealth Group LLC now owns 2,557 shares of the transportation company’s stock worth $258,000 after purchasing an additional 97 shares in the last quarter. Bangor Savings Bank boosted its holdings in shares of United Parcel Service by 1.9% during the 2nd quarter. Bangor Savings Bank now owns 5,413 shares of the transportation company’s stock valued at $546,000 after buying an additional 101 shares in the last quarter. 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 period. Fortis Capital Advisors LLC increased its stake in shares of United Parcel Service by 3.4% in the 1st quarter. Fortis Capital Advisors LLC now owns 3,185 shares of the transportation company’s stock worth $350,000 after acquiring an additional 104 shares in the last quarter. Finally, Wright Investors Service Inc. lifted its position in United Parcel Service by 1.3% during the 2nd quarter. Wright Investors Service Inc. now owns 7,861 shares of the transportation company’s stock valued at $793,000 after acquiring an additional 104 shares during the period. Institutional investors own 60.26% of the company’s stock.

Insider Activity

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

Wall Street Analysts Forecast Growth

UPS has been the topic of a number of recent research reports. Morgan Stanley cut their price objective on shares of United Parcel Service from $80.00 to $75.00 and set an “underweight” rating on the stock in a report on Wednesday, July 30th. Bank of America dropped their price target on 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. Evercore ISI cut their price target on United Parcel Service from $103.00 to $97.00 and set an “in-line” rating on the stock in a research note on Wednesday, July 30th. Vertical Research reaffirmed a “hold” rating and set a $103.00 price objective on shares of United Parcel Service in a research report on Wednesday, July 30th. Finally, Barclays lowered their price objective 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. 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $110.00.

View Our Latest Report on United Parcel Service

United Parcel Service Trading Down 0.2%

Shares of UPS stock opened at $96.00 on Friday. The company has a current ratio of 1.30, a quick ratio of 1.32 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a 12-month low of $82.00 and a 12-month high of $138.67. The stock has a market capitalization of $81.36 billion, a P/E ratio of 14.84, a P/E/G ratio of 2.29 and a beta of 1.11. The firm’s 50 day moving average is $87.69 and its 200 day moving average is $92.92.

United Parcel Service (NYSE:UPSGet Free Report) last released its quarterly earnings results 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. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The firm had revenue of $21.42 billion for the quarter, compared to the consensus estimate of $20.94 billion. During the same period last year, the business posted $1.76 EPS. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. United Parcel Service has set its Q4 2025 guidance at EPS. Research analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders 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 6.8%. The ex-dividend date is Monday, November 17th. United Parcel Service’s payout ratio is currently 101.39%.

United Parcel Service Company Profile

(Free Report)

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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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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