United Parcel Service, Inc. $UPS Shares Bought by Accordant Advisory Group Inc

Accordant Advisory Group Inc grew its holdings in United Parcel Service, Inc. (NYSE:UPS) by 5.0% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 14,837 shares of the transportation company’s stock after buying an additional 709 shares during the period. United Parcel Service accounts for approximately 1.1% of Accordant Advisory Group Inc’s portfolio, making the stock its 27th largest position. Accordant Advisory Group Inc’s holdings in United Parcel Service were worth $1,498,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Mid American Wealth Advisory Group Inc. acquired a new stake in United Parcel Service during the 2nd quarter worth approximately $26,000. Hemington Wealth Management raised its stake in shares of 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 last quarter. Saudi Central Bank acquired a new stake in shares of United Parcel Service during the first quarter worth $32,000. Flaharty Asset Management LLC purchased a new position in United Parcel Service in the 1st quarter valued at $33,000. Finally, WPG Advisers LLC acquired a new position in United Parcel Service in the 1st quarter valued at $38,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Down 0.4%

Shares of United Parcel Service stock opened at $92.50 on Thursday. The company has a 50-day moving average of $88.45 and a two-hundred day moving average of $92.84. 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 stock has a market cap of $78.40 billion, a PE ratio of 14.30, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share 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 business had revenue of $21.42 billion for the quarter, compared to analysts’ expectations of $20.94 billion. During the same quarter in the prior year, the firm posted $1.76 EPS. The company’s 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, research analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company 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 dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend is Monday, November 17th. United Parcel Service’s payout ratio is 101.39%.

Analyst Upgrades and Downgrades

UPS has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their target price on shares of United Parcel Service from $85.00 to $97.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. Deutsche Bank Aktiengesellschaft cut 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 report on Thursday, October 2nd. Truist Financial lifted their price objective on United Parcel Service from $100.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Barclays dropped their target price on United Parcel Service from $90.00 to $80.00 and set an “underweight” rating on the stock in a research report on Thursday, July 31st. Finally, Wall Street Zen raised United Parcel Service from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. 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, the stock has a consensus rating of “Hold” and a consensus target price of $110.00.

Insider Activity at United Parcel Service

In other United Parcel Service news, Director Christiana Smith Shi acquired 500 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were purchased at an average cost of $88.17 per share, with a total value of $44,085.00. Following the purchase, the director owned 500 shares in the company, valued at approximately $44,085. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.13% of the stock is owned by corporate insiders.

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.