AXQ Capital LP Invests $593,000 in United Parcel Service, Inc. $UPS

AXQ Capital LP purchased a new stake in United Parcel Service, Inc. (NYSE:UPS) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,874 shares of the transportation company’s stock, valued at approximately $593,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of UPS. Cornerstone Wealth Group LLC grew its holdings in shares of United Parcel Service by 3.9% during the second quarter. Cornerstone Wealth Group LLC now owns 2,557 shares of the transportation company’s stock valued at $258,000 after buying an additional 97 shares during the last quarter. Bangor Savings Bank boosted its stake in 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 purchasing an additional 101 shares during the last quarter. First Dallas Securities Inc. boosted its stake in United Parcel Service by 0.9% during the 1st quarter. First Dallas Securities Inc. now owns 11,421 shares of the transportation company’s stock valued at $1,256,000 after purchasing an additional 102 shares during the last quarter. Fortis Capital Advisors LLC increased its holdings in United Parcel Service by 3.4% during the 1st 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 shares of 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 worth $793,000 after purchasing an additional 104 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on UPS shares. Evercore ISI decreased their price target on United Parcel Service from $103.00 to $97.00 and set an “in-line” rating for the company in a report on Wednesday, July 30th. Truist Financial upped their target price on shares of United Parcel Service from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Citigroup increased their target price on shares of United Parcel Service from $112.00 to $120.00 and gave the company a “buy” rating in a report 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 on the stock in a report on Thursday, October 2nd. Finally, UBS Group increased their price objective on shares of United Parcel Service from $110.00 to $113.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $110.00.

United Parcel Service Price Performance

United Parcel Service stock opened at $94.54 on Friday. The business’s 50 day simple moving average is $88.78 and its 200 day simple moving average is $92.81. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $138.67. The company has a market cap of $80.21 billion, a price-to-earnings ratio of 14.61, a PEG ratio of 2.29 and a beta of 1.11. 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 (NYSE:UPS) last issued its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, beating 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 analysts’ expectations of $20.94 billion. During the same quarter in the prior year, the firm earned $1.76 EPS. The business’s revenue for the quarter was down 3.7% compared to the same quarter last year. United Parcel Service has set its Q4 2025 guidance at EPS. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The firm also recently announced 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 6.9%. United Parcel Service’s dividend payout ratio (DPR) 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.