United Parcel Service, Inc. $UPS Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC lowered its stake in United Parcel Service, Inc. (NYSE:UPS) by 41.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 29,593 shares of the transportation company’s stock after selling 20,674 shares during the quarter. Apollon Wealth Management LLC’s holdings in United Parcel Service were worth $2,935,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Salzhauer Michael purchased a new position in United Parcel Service in the third quarter valued at about $31,000. Physician Wealth Advisors Inc. boosted its holdings in United Parcel Service by 76.5% in the third quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock valued at $31,000 after purchasing an additional 163 shares during the last quarter. Avion Wealth boosted its holdings in United Parcel Service by 284.1% in the third quarter. Avion Wealth now owns 434 shares of the transportation company’s stock valued at $36,000 after purchasing an additional 321 shares during the last quarter. Winch Advisory Services LLC boosted its holdings in United Parcel Service by 37.3% in the third quarter. Winch Advisory Services LLC now owns 456 shares of the transportation company’s stock valued at $38,000 after purchasing an additional 124 shares during the last quarter. Finally, WPG Advisers LLC boosted its holdings in United Parcel Service by 47.7% in the third quarter. WPG Advisers LLC now owns 486 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 157 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

Insider Buying and Selling at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 25,014 shares of the 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 legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.19% of the company’s stock.

United Parcel Service Stock Down 0.0%

Shares of United Parcel Service stock opened at $101.69 on Monday. 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 business’s 50 day simple moving average is $106.50 and its 200-day simple moving average is $99.84. The stock has a market capitalization of $86.35 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 1.60 and a beta of 1.12. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $122.41.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share 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 analysts’ expectations of $23.91 billion. United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.The business’s quarterly revenue was down 3.2% on a year-over-year basis. During the same period in the prior year, the firm earned $2.75 EPS. Equities research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Tuesday, February 17th were given a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.5%. The ex-dividend date was Tuesday, February 17th. United Parcel Service’s dividend payout ratio is presently 100.00%.

Analysts Set New Price Targets

UPS has been the topic of several research reports. HSBC upgraded United Parcel Service from a “hold” rating to a “buy” rating in a research note on Wednesday, January 28th. Weiss Ratings upgraded United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, February 6th. UBS Group upped their price objective on United Parcel Service from $116.00 to $125.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Truist Financial upped their price objective on United Parcel Service from $120.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Finally, Jefferies Financial Group upped their price objective on United Parcel Service from $115.00 to $130.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $113.03.

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

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.