Clearstead Advisors LLC Sells 8,694 Shares of United Parcel Service, Inc. $UPS

Clearstead Advisors LLC cut its position in United Parcel Service, Inc. (NYSE:UPS) by 33.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,517 shares of the transportation company’s stock after selling 8,694 shares during the quarter. Clearstead Advisors LLC’s holdings in United Parcel Service were worth $1,463,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Evelyn Partners Investment Management Europe Ltd boosted its holdings in shares of United Parcel Service by 110.1% in the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 131 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of United Parcel Service during the 2nd quarter worth $34,000. Salzhauer Michael acquired a new stake in United Parcel Service in the third quarter valued at about $31,000. Physician Wealth Advisors Inc. boosted its stake 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 buying an additional 163 shares in the last quarter. Finally, Avion Wealth grew its position 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 acquiring an additional 321 shares during the last quarter. 60.26% of the stock is owned by institutional investors.

Key Stories Impacting United Parcel Service

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

• Positive Sentiment: A U.S. judge has cleared UPS to offer up to $150,000 voluntary buyouts to unionized drivers, allowing the company to move ahead with plans to reduce headcount and reshape its network — a concrete step to accelerate labor-related cost savings. UPS can offer $150,000 buyouts to unionized drivers, US judge rules
• Positive Sentiment: Coverage highlights UPS’s broader cost plan — including cuts of ~30,000 roles, reduced Amazon volumes and additional network reconfiguration — which management says should deliver multibillion-dollar savings and help margins over time. These actions support the company’s margin-recovery thesis despite near-term disruption. UPS Gets Court Approval for $150K Driver Buyouts: Will This Ease Cost?
• Positive Sentiment: Longer-term investor commentary points to a structural turnaround: targets for higher automation, expansion into healthcare logistics, and a shift from volume growth to higher-margin services that could drive multi-year margin improvement if execution stays on track. United Parcel Service: From Legacy Drag To Margin Inflection
• Neutral Sentiment: Investor attention is elevated (Zacks notes increased searches/interest), which can amplify moves but doesn’t by itself signal a directional catalyst. Watch quarterly updates and execution on buyouts and volume mix for clearer direction. United Parcel Service, Inc. (UPS) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Income/valuation concerns persist: analysis argues dividend-cut fears have eased but upside is limited given the current yield and the stock’s valuation; investors seeking significant near-term share-price gains may remain disappointed until clearer revenue recovery. UPS: Dividend Cut Fears Mostly Gone, But So Is The Upside

Insider Activity

In other news, insider Norman M. Brothers, Jr. sold 25,014 shares of the company’s stock in a transaction on Wednesday, January 28th. The shares were sold at an average price of $106.15, for a total value of $2,655,236.10. The transaction was disclosed in a document filed with the SEC, which is available through this link. Company insiders own 0.13% of the company’s stock.

United Parcel Service Stock Performance

Shares of United Parcel Service stock opened at $113.94 on Thursday. The stock has a market cap of $96.66 billion, a price-to-earnings ratio of 17.37, a P/E/G ratio of 1.83 and a beta of 1.11. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $123.70. The company’s fifty day moving average is $108.68 and its 200 day moving average is $96.39. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.45.

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, beating analysts’ consensus estimates of $2.20 by $0.18. The firm had revenue of $24.48 billion for 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 business’s revenue was down 3.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.75 EPS. Sell-side 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 declared a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Tuesday, February 17th will be given a $1.64 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.8%. United Parcel Service’s payout ratio is 100.00%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft increased their target price on shares of United Parcel Service from $88.00 to $106.00 and gave the stock a “hold” rating in a report on Wednesday, January 28th. UBS Group raised their target price on shares of United Parcel Service from $116.00 to $125.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Weiss Ratings raised shares of United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, February 6th. Stifel Nicolaus increased their price target on United Parcel Service from $112.00 to $116.00 and gave the company a “buy” rating in a research note on Wednesday, January 28th. Finally, Truist Financial boosted 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. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, United Parcel Service currently has an average rating of “Hold” and a consensus price target of $113.67.

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.