Peregrine Asset Advisers Inc. Acquires New Shares in United Parcel Service, Inc. $UPS

Peregrine Asset Advisers Inc. acquired a new stake in United Parcel Service, Inc. (NYSE:UPS) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 42,451 shares of the transportation company’s stock, valued at approximately $4,285,000. United Parcel Service makes up about 1.3% of Peregrine Asset Advisers Inc.’s holdings, making the stock its 26th biggest holding.

Other hedge funds have also recently made changes to their positions in the company. Graybill Wealth Management LTD. acquired a new stake in shares of United Parcel Service during the first quarter valued at about $26,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of United Parcel Service during the second quarter valued at about $26,000. Hemington Wealth Management boosted 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 purchasing an additional 115 shares in the last quarter. Saudi Central Bank acquired a new stake in shares of United Parcel Service during the first quarter valued at about $32,000. Finally, Flaharty Asset Management LLC acquired a new stake in shares of United Parcel Service during the first quarter valued at about $33,000. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Trading Up 1.7%

Shares of UPS stock opened at $96.64 on Monday. The company has a market cap of $81.91 billion, a P/E ratio of 14.94, a PEG ratio of 2.29 and a beta of 1.10. The stock has a 50 day simple moving average of $86.30 and a two-hundred day simple moving average of $93.03. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.32 and a current ratio of 1.30. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $138.67.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.43. The business had revenue of $21.40 billion during the quarter, compared to the consensus estimate of $20.94 billion. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The firm’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the previous year, the company posted $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. 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 company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders 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 dividend yield of 6.8%. The ex-dividend date of this dividend was Monday, August 18th. United Parcel Service’s dividend payout ratio is presently 101.39%.

Insider Buying and Selling 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 shares were bought at an average cost of $88.17 per share, with a total value of $44,085.00. Following the completion of the transaction, the director directly owned 500 shares of the company’s stock, valued at $44,085. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.13% of the stock is owned by insiders.

Analysts Set New Price Targets

UPS has been the topic of a number of recent research reports. Citigroup lifted their price target on United Parcel Service from $112.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Stifel Nicolaus reduced their target price on United Parcel Service from $120.00 to $109.00 and set a “buy” rating on the stock in a report on Tuesday, October 28th. Weiss Ratings reiterated a “sell (d+)” rating on shares of United Parcel Service in a report on Wednesday, October 8th. Wells Fargo & Company upped their target price on United Parcel Service from $91.00 to $96.00 and gave the company an “equal weight” rating in a report on Wednesday, October 29th. Finally, Wall Street Zen upgraded United Parcel Service from a “sell” rating to a “hold” rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $110.00.

United Parcel Service Company 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.