United Parcel Service (NYSE:UPS) Trading 2.1% Higher – Here’s What Happened

United Parcel Service, Inc. (NYSE:UPS)’s share price rose 2.1% during trading on Tuesday . The company traded as high as $95.50 and last traded at $95.0120. Approximately 6,847,326 shares changed hands during trading, a decline of 1% from the average daily volume of 6,911,136 shares. The stock had previously closed at $93.06.

Analyst Upgrades and Downgrades

UPS has been the subject of a number of recent research reports. Vertical Research reaffirmed a “hold” rating and issued a $103.00 target price on shares of United Parcel Service in a research note on Wednesday, July 30th. Morgan Stanley cut their price target on shares of United Parcel Service from $80.00 to $75.00 and set an “underweight” rating for the company in a report on Wednesday, July 30th. JPMorgan Chase & Co. upped their price objective on United Parcel Service from $85.00 to $97.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Wells Fargo & Company increased their price objective on United Parcel Service from $91.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 29th. Finally, BMO Capital Markets reissued a “market perform” rating and set a $96.00 price objective (down from $125.00) on shares of United Parcel Service in a research report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $110.00.

United Parcel Service Stock Up 2.1%

The firm’s 50 day simple moving average is $87.05 and its 200-day simple moving average is $92.89. The company has a market cap of $80.53 billion, a price-to-earnings ratio of 14.69, a P/E/G ratio of 2.29 and a beta of 1.11. 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) last issued its quarterly 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. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The firm had revenue of $21.42 billion during the quarter, compared to analysts’ expectations of $20.94 billion. During the same quarter in the prior year, the business earned $1.76 EPS. United Parcel Service’s quarterly revenue was down 3.7% compared to the same quarter last year. 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 year.

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Monday, November 17th will be paid a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 6.9%. The ex-dividend date is Monday, November 17th. United Parcel Service’s dividend payout ratio (DPR) is 101.39%.

Insider Activity

In other news, Director Christiana Smith Shi acquired 500 shares of United Parcel Service stock in a transaction that occurred on Friday, August 22nd. The stock was purchased at an average price of $88.17 per share, for a total transaction of $44,085.00. Following the completion of the transaction, the director directly owned 500 shares in the company, valued at approximately $44,085. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On United Parcel Service

A number of large investors have recently modified their holdings of the business. Andra AP fonden increased its stake in shares of United Parcel Service by 95.9% during the 2nd quarter. Andra AP fonden now owns 332,983 shares of the transportation company’s stock worth $33,611,000 after purchasing an additional 163,000 shares in the last quarter. Equity Investment Corp grew its holdings in United Parcel Service by 16.8% during the 2nd quarter. Equity Investment Corp now owns 1,130,550 shares of the transportation company’s stock valued at $114,118,000 after buying an additional 162,364 shares during the last quarter. Founders Capital Management LLC increased its position in United Parcel Service by 8.3% during the second quarter. Founders Capital Management LLC now owns 111,405 shares of the transportation company’s stock worth $11,245,000 after buying an additional 8,579 shares in the last quarter. AE Wealth Management LLC lifted its position in shares of United Parcel Service by 10.9% in the second quarter. AE Wealth Management LLC now owns 49,712 shares of the transportation company’s stock valued at $5,018,000 after acquiring an additional 4,885 shares in the last quarter. Finally, Gallacher Capital Management LLC purchased a new stake in United Parcel Service during the 1st quarter worth about $620,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

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.