Capital Investment Counsel Inc Cuts Stock Position in United Parcel Service, Inc. $UPS

Capital Investment Counsel Inc decreased its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 14.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,181 shares of the transportation company’s stock after selling 5,124 shares during the period. Capital Investment Counsel Inc’s holdings in United Parcel Service were worth $3,093,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in shares of United Parcel Service by 0.6% during the third quarter. Vanguard Group Inc. now owns 67,277,988 shares of the transportation company’s stock valued at $5,619,730,000 after purchasing an additional 372,850 shares in the last quarter. State Street Corp grew its position in shares of United Parcel Service by 0.9% during the third quarter. State Street Corp now owns 31,063,250 shares of the transportation company’s stock valued at $2,594,713,000 after purchasing an additional 288,720 shares in the last quarter. Victory Capital Management Inc. grew its position in shares of United Parcel Service by 10.5% during the third quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company’s stock valued at $667,109,000 after purchasing an additional 761,217 shares in the last quarter. Invesco Ltd. grew its position in shares of United Parcel Service by 17.3% during the third quarter. Invesco Ltd. now owns 6,724,265 shares of the transportation company’s stock valued at $561,678,000 after purchasing an additional 993,461 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its position in shares of United Parcel Service by 10.6% during the third quarter. Dimensional Fund Advisors LP now owns 5,072,282 shares of the transportation company’s stock valued at $423,746,000 after purchasing an additional 486,384 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Insider Activity

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 25,014 shares of the business’s 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.19% of the stock is owned by company insiders.

Key United Parcel Service News

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

• Positive Sentiment: Geopolitical relief — reports that vessels are again passing through the Strait of Hormuz after a U.S.–Iran ceasefire helped lift logistics and shipping stocks, a direct tailwind for UPS’s global freight and intermodal operations. Why United Parcel Service (UPS) Stock Is Up Today
• Positive Sentiment: Sector-wide bounce — broader supply-chain and freight names rallied on the ceasefire news, which tends to boost short-term outlook for volume and routing stability across carriers including UPS. Supply Chain Stocks Soar on Ceasefire News
• Positive Sentiment: Valuation/strategic pivot — analysts and commentators note UPS is trading below peer multiples as it shifts toward higher-margin healthcare and B2B segments while reducing Amazon volumes and targeting $3B of savings, supporting a value-buy narrative for some investors. UPS Stock Trades at a Discounted Valuation: Is it a Buy Signal?
• Neutral Sentiment: Investor attention — UPS has been one of the most-searched stocks recently, increasing liquidity and volatility risk but not implying a directional thesis by itself. Investors Heavily Search United Parcel Service, Inc. (UPS): Here is What You Need to Know
• Neutral Sentiment: Talent movement in the industry — a former UPS leader joining a competitor (ACERTUS) is notable for sector dynamics but has limited immediate impact on UPS fundamentals. ACERTUS Hires Former UPS Leader as New Chief Revenue Officer
• Negative Sentiment: Major job cuts announced — reports that UPS will eliminate roughly 30,000 positions as part of a large cost-cutting plan raise concerns about volume weakness and execution risk, even if cuts could improve margins over time. UPS layoffs: Delivery giant to slash 30,000 jobs in major cost-cutting drive; who will be impacted?
• Negative Sentiment: Cash-flow concerns — analysis flagged two red flags around UPS’s cash-flow quality and dividend coverage, which could weigh on investor confidence if free cash flow underperforms expectations. 2 Red Flags Waving Over UPS Cash Flow
• Negative Sentiment: Analyst headwinds — JPMorgan trimmed its price target and Citigroup lowered expectations, reflecting a mixed freight outlook and keeping near-term analyst sentiment cautious. UPS Faces Target Cut from JPMorgan Amid Mixed Freight Outlook Citigroup Has Lowered Expectations for United Parcel Service (NYSE:UPS) Stock Price

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on UPS shares. Deutsche Bank Aktiengesellschaft raised their price objective on United Parcel Service from $88.00 to $106.00 and gave the company a “hold” rating in a research report on Wednesday, January 28th. UBS Group raised their price objective on United Parcel Service from $116.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Jefferies Financial Group lifted their price target 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. Stephens lifted their price target 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. Finally, Truist Financial lifted their price target 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. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, United Parcel Service has an average rating of “Hold” and a consensus price target of $113.03.

United Parcel Service Trading Down 0.0%

UPS opened at $101.69 on Monday. The firm has a market cap of $86.35 billion, a P/E ratio of 15.50, a P/E/G ratio of 1.60 and a beta of 1.12. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $122.41. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.45. The stock has a 50-day moving average of $106.50 and a 200 day moving average of $99.84.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 EPS for the quarter, topping the consensus estimate of $2.20 by $0.18. The company had revenue of $24.48 billion during the quarter, compared to analyst estimates of $23.91 billion. United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.The firm’s revenue was down 3.2% on a year-over-year basis. During the same quarter last year, the business posted $2.75 earnings per share. As a group, research analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Tuesday, February 17th were paid a $1.64 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $6.56 annualized dividend and a yield of 6.5%. United Parcel Service’s dividend payout ratio (DPR) is presently 100.00%.

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.