United Parcel Service (NYSE:UPS – Free Report) had its price objective decreased by Citigroup from $120.00 to $118.00 in a research note released on Tuesday morning,Benzinga reports. Citigroup currently has a buy rating on the transportation company’s stock.
UPS has been the topic of a number of other reports. TD Cowen lifted their price objective on United Parcel Service from $101.00 to $115.00 and gave the stock a “hold” rating in a research report on Wednesday, January 28th. Wells Fargo & Company lifted their price objective on United Parcel Service from $96.00 to $110.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 28th. Truist Financial lifted their price objective on United Parcel Service from $120.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Jefferies Financial Group lifted their price objective on United Parcel Service from $115.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Finally, Stephens lifted their price objective on United Parcel Service from $113.00 to $115.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $113.60.
View Our Latest Analysis on UPS
United Parcel Service Price Performance
United Parcel Service (NYSE:UPS – Get Free Report) last announced its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.20 by $0.18. The business had revenue of $24.48 billion for the quarter, compared to analyst estimates of $23.91 billion. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The company’s revenue was down 3.2% on a year-over-year basis. During the same quarter last year, the firm earned $2.75 EPS. As a group, equities analysts expect that United Parcel Service will post 7.95 EPS for the current year.
United Parcel Service Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 5th. Investors of record on Tuesday, February 17th were given a dividend of $1.64 per share. The ex-dividend date was Tuesday, February 17th. This represents a $6.56 annualized dividend and a dividend yield of 6.7%. United Parcel Service’s payout ratio is currently 100.00%.
Insider Buying and Selling at United Parcel Service
In related news, insider Norman M. Brothers, Jr. sold 25,014 shares of United Parcel Service stock in a transaction that occurred on Wednesday, January 28th. The stock was sold at an average price of $106.15, for a total transaction of $2,655,236.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 0.13% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On United Parcel Service
Hedge funds have recently made changes to their positions in the company. Shrier Wealth Management LLC bought a new stake in United Parcel Service in the fourth quarter worth $1,099,000. BLVD Private Wealth LLC bought a new stake in United Parcel Service in the second quarter worth $1,479,000. Strategic Planning Inc. bought a new stake in United Parcel Service in the third quarter worth $3,885,000. Victory Capital Management Inc. boosted its holdings in United Parcel Service by 10.5% in the third quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company’s stock worth $667,109,000 after acquiring an additional 761,217 shares in the last quarter. Finally, World Investment Advisors boosted its holdings in United Parcel Service by 260.4% in the third quarter. World Investment Advisors now owns 78,577 shares of the transportation company’s stock worth $6,564,000 after acquiring an additional 56,772 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors.
Key Headlines Impacting United Parcel Service
Here are the key news stories impacting United Parcel Service this week:
- Positive Sentiment: Citigroup cut its price target slightly to $118 but kept a “buy” rating, implying roughly 21% upside from the current share price — a supportive analyst voice that can lift sentiment. Benzinga
- Neutral Sentiment: FedEx’s recent rally (shares up materially in the past quarter) highlights sector moves that could influence market comparisons for UPS, but it’s not direct company-specific news for UPS. FedEx Stock Rises 16.2% in 3 Months
- Neutral Sentiment: An AI data-center energy storage market report is not UPS-specific and is unlikely to move UPS shares materially; included here as broader macro/sector context. AI Data Center Energy Storage Market Outlook
- Negative Sentiment: UPS reached a settlement with the Teamsters that caps voluntary driver buyouts at 7,500 and limits severance offers; while the deal removes labor uncertainty, it constrains UPS’s ability to reduce headcount and capture near-term margin savings. UPS, Teamsters reach settlement that caps driver severance offers
- Negative Sentiment: Bank of America trimmed its price target (to $105) and highlighted the settlement’s impact on the path to margin recovery — another downward revision that can weigh on the stock. UPS Price Target Trimmed to $105 by BofA
- Negative Sentiment: Diesel prices have jumped sharply amid geopolitical tensions, pushing trucking surcharges to their highest levels since 2022 — this increases operating costs for UPS and pressures near-term margins. Diesel Prices Jump Nearly 50%
- Negative Sentiment: An analyst piece warns that macroeconomic headwinds for capital-intensive couriers are rising, underscoring demand and cost risks for UPS going forward. Should Investors Buy UPS Stock Today?
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.
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