Motco raised its holdings in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 1.8% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 26,493 shares of the transportation company’s stock after acquiring an additional 479 shares during the quarter. Motco’s holdings in United Parcel Service were worth $2,674,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Goldman Sachs Group Inc. boosted its stake in United Parcel Service by 124.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 9,011,107 shares of the transportation company’s stock worth $991,132,000 after acquiring an additional 4,988,044 shares during the last quarter. Pacer Advisors Inc. boosted its stake in United Parcel Service by 1,056.6% during the 1st quarter. Pacer Advisors Inc. now owns 4,336,175 shares of the transportation company’s stock worth $476,936,000 after acquiring an additional 3,961,255 shares during the last quarter. Nuveen LLC bought a new position in United Parcel Service during the 1st quarter worth approximately $201,358,000. Charles Schwab Investment Management Inc. boosted its stake in United Parcel Service by 7.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 25,045,472 shares of the transportation company’s stock worth $2,754,751,000 after acquiring an additional 1,780,807 shares during the last quarter. Finally, Assenagon Asset Management S.A. boosted its stake in United Parcel Service by 443.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,549,962 shares of the transportation company’s stock worth $156,453,000 after acquiring an additional 1,264,842 shares during the last quarter. 60.26% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several research analysts recently weighed in on UPS shares. Evercore ISI reduced their price objective on shares of United Parcel Service from $103.00 to $97.00 and set an “in-line” rating on the stock in a research note on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of United Parcel Service from $100.00 to $88.00 and set a “hold” rating on the stock in a research note on Thursday, October 2nd. BNP Paribas upgraded shares of United Parcel Service to a “hold” rating in a report on Thursday, July 3rd. Oppenheimer dropped their target price on shares of United Parcel Service from $114.00 to $100.00 and set an “outperform” rating on the stock in a report on Wednesday, July 30th. Finally, Citigroup dropped their target price on shares of United Parcel Service from $114.00 to $112.00 and set a “buy” rating on the stock in a report on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fifteen have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $108.97.
Insider Activity
In other United Parcel Service news, CEO Carol B. Tome acquired 11,682 shares of the stock in a transaction dated Friday, August 1st. The shares were bought at an average cost of $85.67 per share, for a total transaction of $1,000,796.94. Following the completion of the acquisition, the chief executive officer directly owned 24,718 shares of the company’s stock, valued at approximately $2,117,591.06. This trade represents a 89.61% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Christiana Smith Shi acquired 500 shares of the stock in a transaction dated Friday, August 22nd. The stock was acquired at an average price of $88.17 per share, for a total transaction of $44,085.00. Following the completion of the acquisition, the director directly owned 500 shares of the company’s stock, valued at $44,085. The trade was a ∞ increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 17,182 shares of company stock worth $1,477,382 over the last ninety days. Insiders own 0.13% of the company’s stock.
United Parcel Service Stock Performance
Shares of UPS stock opened at $96.52 on Wednesday. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.32 and a current ratio of 1.32. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $138.67. The company has a market capitalization of $81.80 billion, a P/E ratio of 14.36, a price-to-earnings-growth ratio of 1.65 and a beta of 1.10. The company’s 50 day moving average price is $85.75 and its two-hundred day moving average price is $93.06.
United Parcel Service (NYSE:UPS – Get Free Report) last posted its quarterly earnings data 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 6.34% and a return on equity of 39.61%. The company had revenue of $21.40 billion for the quarter, compared to the consensus estimate of $20.94 billion. During the same period last year, the company earned $1.76 earnings per share. The firm’s revenue was down 3.7% compared to the same quarter last year. United Parcel Service has set its Q4 2025 guidance at EPS. On average, analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.
United Parcel Service Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 18th were issued a $1.64 dividend. The ex-dividend date was Monday, August 18th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.8%. United Parcel Service’s dividend payout ratio (DPR) is 97.62%.
United Parcel Service Profile
United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.
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