Nicholas Wealth LLC. Increases Position in United Parcel Service, Inc. $UPS

Nicholas Wealth LLC. raised its holdings in United Parcel Service, Inc. (NYSE:UPS) by 408.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,638 shares of the transportation company’s stock after acquiring an additional 10,956 shares during the period. Nicholas Wealth LLC.’s holdings in United Parcel Service were worth $1,377,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Andra AP fonden increased its holdings 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 buying an additional 163,000 shares during the last quarter. Equity Investment Corp boosted its stake in United Parcel Service by 16.8% during the second quarter. Equity Investment Corp now owns 1,130,550 shares of the transportation company’s stock worth $114,118,000 after buying an additional 162,364 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH increased its position in shares of United Parcel Service by 5.5% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 647,271 shares of the transportation company’s stock valued at $65,336,000 after acquiring an additional 34,029 shares during the last quarter. Founders Capital Management LLC raised its stake in shares of United Parcel Service by 8.3% in the 2nd quarter. Founders Capital Management LLC now owns 111,405 shares of the transportation company’s stock valued at $11,245,000 after acquiring an additional 8,579 shares during the period. Finally, AE Wealth Management LLC lifted its holdings in shares of United Parcel Service by 10.9% in the 2nd quarter. AE Wealth Management LLC now owns 49,712 shares of the transportation company’s stock worth $5,018,000 after acquiring an additional 4,885 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other United Parcel Service news, Director Christiana Smith Shi purchased 500 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were bought at an average cost of $88.17 per share, for a total transaction of $44,085.00. Following the completion of the purchase, the director directly owned 500 shares in the company, valued at approximately $44,085. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.13% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of analysts have issued reports on UPS shares. Susquehanna boosted their target price on United Parcel Service from $100.00 to $105.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. Wall Street Zen upgraded United Parcel Service from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Truist Financial raised their target price on United Parcel Service from $100.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. UBS Group boosted their price target on shares of United Parcel Service from $110.00 to $113.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of United Parcel Service in a research note on Wednesday, October 8th. One 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 issued a Sell rating to the company. Based on data from MarketBeat.com, United Parcel Service currently has an average rating of “Hold” and an average target price of $110.00.

United Parcel Service Stock Performance

Shares of United Parcel Service stock opened at $92.95 on Wednesday. The business has a 50-day simple moving average of $88.28 and a 200-day simple moving average of $92.84. 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 one year low of $82.00 and a one year high of $138.67. The company has a market cap of $78.78 billion, a PE ratio of 14.37, a P/E/G ratio of 2.29 and a beta of 1.11.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) 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 company had revenue of $21.42 billion during the quarter, compared to the consensus estimate of $20.94 billion. During the same quarter in the previous year, the firm earned $1.76 earnings per share. The firm’s quarterly revenue was down 3.7% on a year-over-year basis. United Parcel Service has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast 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 will be paid on Thursday, December 4th. Investors of record on Monday, November 17th will be paid a dividend of $1.64 per share. The ex-dividend date is Monday, November 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 7.1%. United Parcel Service’s payout ratio is presently 101.39%.

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.