Associated Banc Corp Sells 8,903 Shares of United Parcel Service, Inc. $UPS

Associated Banc Corp cut its holdings in United Parcel Service, Inc. (NYSE:UPS) by 19.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,710 shares of the transportation company’s stock after selling 8,903 shares during the period. Associated Banc Corp’s holdings in United Parcel Service were worth $3,150,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Avion Wealth grew its stake in United Parcel Service by 284.1% during the third quarter. Avion Wealth now owns 434 shares of the transportation company’s stock valued at $36,000 after acquiring an additional 321 shares in the last quarter. MASTERINVEST Kapitalanlage GmbH increased its stake in United Parcel Service by 12.6% in the third quarter. MASTERINVEST Kapitalanlage GmbH now owns 2,796 shares of the transportation company’s stock valued at $234,000 after acquiring an additional 313 shares during the last quarter. William Allan Corp raised its holdings in shares of United Parcel Service by 14.3% during the 3rd quarter. William Allan Corp now owns 30,771 shares of the transportation company’s stock valued at $2,570,000 after buying an additional 3,849 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of United Parcel Service by 4.0% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 109,545 shares of the transportation company’s stock worth $9,150,000 after acquiring an additional 4,252 shares in the last quarter. Finally, Kesler Norman & Wride LLC lifted its stake in United Parcel Service by 1,376.4% in the third quarter. Kesler Norman & Wride LLC now owns 30,119 shares of the transportation company’s stock worth $2,516,000 after purchasing an additional 28,079 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Trending Headlines about United Parcel Service

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

• Positive Sentiment: Sanford C. Bernstein raised its price target to $125 and moved to an “outperform” rating, implying meaningful upside and lending buy-side momentum. Read More.
• Positive Sentiment: Citigroup increased its target from $120 to $126 and kept a “buy” rating — another bullish signal from a major bank reinforcing upside expectations. Read More. Read More.
• Positive Sentiment: UBS lifted its price target to $116, adding to the string of upward revisions that support a higher consensus valuation. Read More.
• Positive Sentiment: Bank of America upgraded UPS from “underperform” to “neutral” with a $114 target — a defensive-to-stable move that reduces one source of selling pressure. Read More.
• Positive Sentiment: Recent earnings showed a margin-focused beat (“Efficiency Reimagined”), which drove a sharp post-earnings rally and underpins analyst optimism about sustained profitability improvements. Read More.
• Neutral Sentiment: Wolfe Research maintained a “peer perform” rating — neutral coverage that suggests expectations are balanced among some institutional analysts. Read More. Read More.
• Neutral Sentiment: Market commentary and pieces asking whether to “revisit UPS” after recent weakness provide context for investors weighing valuation vs. near-term risks. Read More.
• Neutral Sentiment: Coverage noting UPS’s inclusion in wide-moat / large-cap ETFs (e.g., MOAT) can support demand from passive and factor funds but is a slower, less direct catalyst. Read More.
• Neutral Sentiment: Macro commentary (Fed rate-cut debate) is being watched as it could lift cyclicals and dividend stocks, but the net effect on UPS depends on broader economic activity and shipping volumes. Read More.

United Parcel Service Trading Up 1.1%

Shares of NYSE:UPS opened at $108.11 on Monday. The stock has a 50 day moving average of $97.86 and a 200 day moving average of $92.98. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 1.50. The company has a market cap of $91.72 billion, a PE ratio of 16.71, a price-to-earnings-growth ratio of 2.35 and a beta of 1.11. United Parcel Service, Inc. has a 12-month low of $82.00 and a 12-month high of $136.99.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.31 by $0.43. The firm had revenue of $21.42 billion for the quarter, compared to the consensus estimate of $20.94 billion. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The company’s revenue was down 3.7% on a year-over-year basis. During the same period last year, the firm earned $1.76 EPS. As a group, equities research analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

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

Analyst Ratings Changes

A number of research firms have recently weighed in on UPS. Deutsche Bank Aktiengesellschaft dropped their price objective on United Parcel Service from $100.00 to $88.00 and set a “hold” rating for the company in a research note on Thursday, October 2nd. Stephens upgraded United Parcel Service to a “hold” rating in a report on Wednesday, October 29th. Bank of America upgraded shares of United Parcel Service from an “underperform” rating to a “neutral” rating and set a $114.00 price target for the company in a research note on Friday. Wells Fargo & Company lifted their price objective on United Parcel Service from $91.00 to $96.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 29th. Finally, Stifel Nicolaus increased their price target on shares of United Parcel Service from $110.00 to $112.00 and gave the company a “buy” rating in a report on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eighteen have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $111.82.

About United Parcel Service

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.