Strs Ohio raised its stake in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 13.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 379,114 shares of the transportation company’s stock after purchasing an additional 46,015 shares during the quarter. Strs Ohio’s holdings in United Parcel Service were worth $38,268,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of UPS. Graybill Wealth Management LTD. bought a new stake in United Parcel Service during the 1st quarter valued at $26,000. Mid American Wealth Advisory Group Inc. bought a new position in shares of United Parcel Service during the second quarter valued at about $26,000. Hemington Wealth Management raised its stake in shares of United Parcel Service by 68.9% during the first quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock valued at $31,000 after acquiring an additional 115 shares during the last quarter. Saudi Central Bank bought a new position in United Parcel Service during the 1st quarter valued at approximately $32,000. Finally, Flaharty Asset Management LLC bought a new position in United Parcel Service during the 1st quarter valued at approximately $33,000. Institutional investors own 60.26% of the company’s stock.
Analyst Upgrades and Downgrades
UPS has been the subject of a number of recent analyst reports. Barclays lowered their price target on United Parcel Service from $90.00 to $80.00 and set an “underweight” rating for the company in a research report on Thursday, July 31st. Weiss Ratings restated a “sell (d+)” rating on shares of United Parcel Service in a report on Wednesday, October 8th. BNP Paribas Exane upgraded shares of United Parcel Service from an “underperform” rating to a “neutral” rating and set a $100.00 price objective for the company in a report on Thursday, July 3rd. Wall Street Zen lowered shares of United Parcel Service from a “hold” rating to a “sell” rating in a report on Saturday, September 20th. Finally, Citigroup upped their price objective on shares of United Parcel Service from $112.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fifteen have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, United Parcel Service presently has a consensus rating of “Hold” and an average target price of $110.00.
United Parcel Service Stock Down 2.4%
Shares of United Parcel Service stock opened at $95.03 on Friday. The company has a 50-day moving average of $86.14 and a 200 day moving average of $93.07. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $138.67. The firm has a market cap of $80.55 billion, a price-to-earnings ratio of 14.69, a PEG 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:UPS – Get Free Report) last released its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.43. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The firm had revenue of $21.40 billion during the quarter, compared to analyst estimates of $20.94 billion. During the same period last year, the business earned $1.76 earnings per share. 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. As a group, sell-side analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.
United Parcel Service Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 18th were given a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a 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%.
Insider Buying and Selling at United Parcel Service
In related news, Director Christiana Smith Shi purchased 500 shares of United Parcel Service stock in a transaction dated Friday, August 22nd. The stock was purchased at an average cost 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. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.13% of the stock is owned by insiders.
About United Parcel Service
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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