Boston Research & Management Inc. lifted its position in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 7.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,645 shares of the transportation company’s stock after purchasing an additional 2,953 shares during the quarter. Boston Research & Management Inc.’s holdings in United Parcel Service were worth $4,304,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in shares of United Parcel Service by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 66,905,138 shares of the transportation company’s stock valued at $6,753,405,000 after buying an additional 768,912 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of United Parcel Service by 3.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 25,792,139 shares of the transportation company’s stock worth $2,603,459,000 after purchasing an additional 746,667 shares during the period. Geode Capital Management LLC boosted its holdings in shares of United Parcel Service by 4.8% in the second quarter. Geode Capital Management LLC now owns 16,623,834 shares of the transportation company’s stock valued at $1,675,733,000 after buying an additional 762,407 shares during the period. Goldman Sachs Group Inc. grew its holdings in shares of United Parcel Service by 124.0% during the first quarter. Goldman Sachs Group Inc. now owns 9,011,107 shares of the transportation company’s stock worth $991,132,000 after buying an additional 4,988,044 shares in the last quarter. Finally, Northern Trust Corp grew its position in United Parcel Service by 0.3% in the first quarter. Northern Trust Corp now owns 7,415,523 shares of the transportation company’s stock valued at $815,633,000 after purchasing an additional 23,918 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on UPS shares. Evercore ISI cut their price objective on United Parcel Service from $103.00 to $97.00 and set an “in-line” rating for the company in a research report on Wednesday, July 30th. Morgan Stanley dropped their target price on shares of United Parcel Service from $80.00 to $75.00 and set an “underweight” rating for the company in a research report on Wednesday, July 30th. Barclays lowered their target price 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. Citigroup boosted their target price on shares of United Parcel Service from $112.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Bank of America decreased their price target on United Parcel Service from $83.00 to $81.00 and set an “underperform” rating for the company in a research note on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $110.00.
United Parcel Service Stock Up 4.0%
UPS opened at $94.54 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.30 and a debt-to-equity ratio of 1.50. The stock 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’s 50-day moving average price is $88.78 and its two-hundred day moving average price is $92.81. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $138.67.
United Parcel Service (NYSE:UPS – Get Free Report) last posted its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $21.42 billion during the quarter, compared to the consensus estimate of $20.94 billion. During the same quarter in the prior year, the company earned $1.76 EPS. The firm’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. As a group, equities 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. Stockholders of record on Monday, November 17th will be given 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 payout ratio is 101.39%.
United Parcel Service Company 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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