Linscomb Wealth Inc. Purchases 739 Shares of United Parcel Service, Inc. $UPS

Linscomb Wealth Inc. grew its position in United Parcel Service, Inc. (NYSE:UPSFree Report) by 1.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,835 shares of the transportation company’s stock after acquiring an additional 739 shares during the quarter. Linscomb Wealth Inc.’s holdings in United Parcel Service were worth $5,232,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Graybill Wealth Management LTD. bought a new stake in shares of United Parcel Service in the 1st quarter worth approximately $26,000. Mid American Wealth Advisory Group Inc. bought a new stake in shares of United Parcel Service in the 2nd quarter worth approximately $26,000. Hemington Wealth Management lifted its position in shares of United Parcel Service by 68.9% in the 1st quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock worth $31,000 after acquiring an additional 115 shares during the period. Saudi Central Bank bought a new stake in shares of United Parcel Service in the 1st quarter worth approximately $32,000. Finally, Flaharty Asset Management LLC bought a new stake in shares of United Parcel Service in the 1st quarter worth approximately $33,000. Institutional investors own 60.26% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently commented on UPS shares. BNP Paribas upgraded United Parcel Service to a “hold” rating in a research report on Thursday, July 3rd. Susquehanna raised their target price on United Parcel Service from $100.00 to $105.00 and gave the stock a “neutral” rating in a research report on Wednesday. Oppenheimer cut their target price on United Parcel Service from $114.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, July 30th. BMO Capital Markets restated a “market perform” rating and set a $96.00 target price (down previously from $125.00) on shares of United Parcel Service in a research report on Friday, September 19th. Finally, Vertical Research restated a “hold” rating and set a $103.00 target price on shares of United Parcel Service in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fifteen have issued a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $110.00.

View Our Latest Research Report on United Parcel Service

Insider Activity at United Parcel Service

In other news, Director Christiana Smith Shi bought 500 shares of the stock in a transaction dated Friday, August 22nd. The stock was bought at an average cost of $88.17 per share, with a total value of $44,085.00. Following the purchase, the director owned 500 shares of the company’s stock, valued at approximately $44,085. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.13% of the company’s stock.

United Parcel Service Trading Down 2.4%

UPS stock opened at $95.03 on Friday. The business has a fifty day moving average price of $86.14 and a 200 day moving average price of $93.07. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $138.67. The stock has a market capitalization of $80.55 billion, a price-to-earnings ratio of 14.69, a P/E/G ratio of 2.29 and a beta of 1.10. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.30 and a quick ratio of 1.32.

United Parcel Service (NYSE:UPSGet Free Report) last released its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.43. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The firm had revenue of $21.40 billion during the quarter, compared to analysts’ expectations of $20.94 billion. During the same period last year, the firm posted $1.76 EPS. The business’s revenue was down 3.7% on a year-over-year basis. United Parcel Service has set its Q4 2025 guidance at EPS. Analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 18th were paid a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 6.9%. The ex-dividend date of this dividend was Monday, August 18th. United Parcel Service’s dividend payout ratio (DPR) is 101.39%.

United Parcel Service Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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