Cerity Partners LLC Has $34.08 Million Position in United Parcel Service, Inc. $UPS

Cerity Partners LLC cut its holdings in United Parcel Service, Inc. (NYSE:UPS) by 5.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 407,996 shares of the transportation company’s stock after selling 21,444 shares during the period. Cerity Partners LLC’s holdings in United Parcel Service were worth $34,080,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in UPS. Andra AP fonden lifted its stake in shares of United Parcel Service by 95.9% during the second quarter. Andra AP fonden now owns 332,983 shares of the transportation company’s stock valued at $33,611,000 after acquiring an additional 163,000 shares during the period. BLVD Private Wealth LLC acquired a new position in United Parcel Service during the 2nd quarter valued at about $1,479,000. Strategic Planning Inc. bought a new position in shares of United Parcel Service in the 3rd quarter valued at about $3,885,000. Avantax Advisory Services Inc. grew its position in shares of United Parcel Service by 14.6% during the 2nd quarter. Avantax Advisory Services Inc. now owns 94,361 shares of the transportation company’s stock worth $9,525,000 after buying an additional 12,035 shares during the period. Finally, Equity Investment Corp grew its position in shares of United Parcel Service by 16.8% during the 2nd quarter. Equity Investment Corp now owns 1,130,550 shares of the transportation company’s stock worth $114,118,000 after buying an additional 162,364 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service News Roundup

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: Margin-focused earnings beat highlighted by management’s “Efficiency Reimagined” actions — markets cheered improved margins and execution that drove the post-release rally. United Parcel Service (UPS) Is Up 6.3% After Margin-Focused Earnings Beat From Efficiency Reimagined
• Positive Sentiment: Citigroup raised its price target to $126 with a “buy” rating, implying roughly mid-teens upside versus current levels — a catalyst for further buying interest from institutional investors. Analyst Ratings (BayStreet.CA)
• Positive Sentiment: UBS also bumped its target to $116 and maintained a “buy” stance, reinforcing the analyst upgrade momentum supporting the stock. UBS price target raise (Benzinga)
• Positive Sentiment: Recent coverage notes UPS has outperformed the broader market recently, supporting the narrative that the company is stabilizing after prior volume and margin pressure. United Parcel Service (UPS) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Wolfe Research reiterated a “peer perform” rating — a neutral stance that may limit upside from that broker but doesn’t counter the recent buy-side upgrades. Wolfe Research peer perform reaffirmation
• Neutral Sentiment: Macro commentary: a Fed governor urged sizable rate cuts this year, which could be supportive for equities broadly (including cyclical logistics names) but timing/scale remain uncertain. Fed Governor Wants Huge Rate Cuts This Year
• Negative Sentiment: Comparisons to peers: analysis shows Wabtec (WAB) outpacing UPS on dividend profile and growth, a reminder investors may rotate to peers perceived as stronger yield/growth combos. UPS vs. WAB: Which Dividend-Paying Transportation Stock Has an Edge?

Wall Street Analyst Weigh In

UPS has been the topic of several analyst reports. JPMorgan Chase & Co. increased their price objective on shares of United Parcel Service from $85.00 to $97.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Bank of America cut their price target on United Parcel Service from $83.00 to $81.00 and set an “underperform” rating on the stock in a research note on Friday, September 26th. Wall Street Zen upgraded United Parcel Service from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Stephens raised United Parcel Service to a “hold” rating in a research note on Wednesday, October 29th. Finally, Wolfe Research reissued a “peer perform” rating on shares of United Parcel Service in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, seventeen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $110.38.

United Parcel Service Trading Up 1.5%

NYSE:UPS opened at $107.01 on Friday. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.30 and a quick ratio of 1.30. The business’s 50-day simple moving average is $97.63 and its 200-day simple moving average is $93.02. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $136.99. The stock has a market capitalization of $90.78 billion, a PE ratio of 16.54, a price-to-earnings-growth ratio of 2.38 and a beta of 1.11.

United Parcel Service (NYSE:UPS) last posted its 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. The business had revenue of $21.42 billion during the quarter, compared to analysts’ expectations of $20.94 billion. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.United Parcel Service’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.76 EPS. Sell-side analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, November 17th were issued a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date was Monday, November 17th. United Parcel Service’s dividend payout ratio (DPR) is presently 101.39%.

United Parcel Service Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.