JPMorgan Chase & Co. Issues Positive Forecast for United Parcel Service (NYSE:UPS) Stock Price

United Parcel Service (NYSE:UPS) had its price objective upped by JPMorgan Chase & Co. from $97.00 to $99.00 in a research note published on Monday morning,Benzinga reports. They currently have a neutral rating on the transportation company’s stock.

A number of other research analysts also recently commented on UPS. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of United Parcel Service in a report on Wednesday, October 8th. Stephens upgraded United Parcel Service to a “hold” rating in a research report on Wednesday, October 29th. Wells Fargo & Company raised 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. Truist Financial boosted their target price on United Parcel Service from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Finally, BMO Capital Markets restated a “market perform” rating and set a $96.00 price target (down previously from $125.00) on shares of United Parcel Service in a report on Friday, September 19th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eighteen have given a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $111.88.

United Parcel Service Stock Down 0.0%

NYSE UPS opened at $108.02 on Monday. The stock has a 50 day moving average price of $98.14 and a 200-day moving average price of $93.03. United Parcel Service has a one year low of $82.00 and a one year high of $136.99. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.30 and a current ratio of 1.30. The company has a market capitalization of $91.64 billion, a P/E ratio of 16.70, a P/E/G ratio of 2.35 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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.43. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The company had revenue of $21.42 billion for the quarter, compared to the consensus estimate of $20.94 billion. During the same quarter in the prior year, the firm earned $1.76 earnings per share. United Parcel Service’s revenue was down 3.7% on a year-over-year basis. As a group, equities analysts predict that United Parcel Service will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Monday, November 17th were paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend was Monday, November 17th. United Parcel Service’s payout ratio is currently 101.39%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Cornerstone Wealth Group LLC grew its position in shares of United Parcel Service by 3.9% during the 2nd quarter. Cornerstone Wealth Group LLC now owns 2,557 shares of the transportation company’s stock worth $258,000 after buying an additional 97 shares in the last quarter. Bangor Savings Bank raised its holdings in United Parcel Service by 1.9% in the second quarter. Bangor Savings Bank now owns 5,413 shares of the transportation company’s stock worth $546,000 after purchasing an additional 101 shares in the last quarter. Wright Investors Service Inc. lifted its holdings in shares of United Parcel Service by 1.3% during the 2nd quarter. Wright Investors Service Inc. now owns 7,861 shares of the transportation company’s stock valued at $793,000 after purchasing an additional 104 shares during the last quarter. Webster Bank N. A. increased its holdings in shares of United Parcel Service by 13.8% during the second quarter. Webster Bank N. A. now owns 867 shares of the transportation company’s stock valued at $88,000 after acquiring an additional 105 shares in the last quarter. Finally, CFS Investment Advisory Services LLC increased its stake in United Parcel Service by 2.6% during the 3rd quarter. CFS Investment Advisory Services LLC now owns 4,268 shares of the transportation company’s stock valued at $372,000 after purchasing an additional 108 shares in the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting United Parcel Service

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

• Positive Sentiment: Bernstein raised its price target to $125 from $122 and kept an Outperform rating, saying margin improvement and dividend concerns are overblown — this supports upside from better profitability expectations. Bernstein Lifts UPS Price Target
• Positive Sentiment: Bank of America upgrade and a reported $125 price target reinforce analyst conviction on operational fixes and long-term cash returns. UPS Upgraded at Bank of America
• Neutral Sentiment: American Banking News also reported a $125 price-target raise; this echoes other bullish research but overlaps with Bernstein/BofA coverage. Price Target Raised to $125
• Neutral Sentiment: JPMorgan nudged its target to $99 and maintained a “neutral” rating — a modest lift but still implying limited near-term upside from current levels. JPMorgan Raises Price Target
• Neutral Sentiment: Coverage notes (Zacks, MSN pieces) discuss UPS in the context of transportation-sector opportunities and multi-year performance potential; useful for longer-term investors but not immediate catalysts. Zacks: Transportation Stocks
• Negative Sentiment: UPS announced a major restructuring — eliminating ~68,000 jobs and closing 73 facilities, the largest purge in its history — which creates short-term execution risk, potential service disruptions, and reputational/legal concerns even as it aims to lower costs long-term. UPS Eliminates 68,000 Jobs
• Neutral Sentiment: Analyst consensus remains around a “Hold”/mixed view; the average broker rating is still in the middle, reflecting the tug between margin improvement potential and operational/PR risks. Average Broker Rating: Hold

United Parcel Service Company 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.