Kimelman & Baird LLC Sells 5,469 Shares of United Parcel Service, Inc. $UPS

Kimelman & Baird LLC lessened its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 3.9% during the 2nd quarter, HoldingsChannel reports. The fund owned 135,994 shares of the transportation company’s stock after selling 5,469 shares during the quarter. United Parcel Service comprises approximately 1.1% of Kimelman & Baird LLC’s portfolio, making the stock its 27th biggest holding. Kimelman & Baird LLC’s holdings in United Parcel Service were worth $13,727,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC lifted its position in shares of United Parcel Service by 63.8% during the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock valued at $1,529,000 after buying an additional 4,723 shares in the last quarter. HB Wealth Management LLC raised its stake in United Parcel Service by 10.1% during the 1st quarter. HB Wealth Management LLC now owns 43,075 shares of the transportation company’s stock worth $4,738,000 after acquiring an additional 3,969 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank lifted its holdings in United Parcel Service by 10.0% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 326,541 shares of the transportation company’s stock valued at $35,916,000 after purchasing an additional 29,661 shares in the last quarter. Sheaff Brock Investment Advisors LLC boosted its position in shares of United Parcel Service by 1.0% in the first quarter. Sheaff Brock Investment Advisors LLC now owns 38,776 shares of the transportation company’s stock worth $4,265,000 after purchasing an additional 391 shares during the period. Finally, Eagle Bluffs Wealth Management LLC boosted its position in shares of United Parcel Service by 9.3% in the first quarter. Eagle Bluffs Wealth Management LLC now owns 6,902 shares of the transportation company’s stock worth $759,000 after purchasing an additional 587 shares during the period. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service Stock Down 1.0%

NYSE:UPS opened at $93.74 on Tuesday. The company has a market cap of $79.53 billion, a price-to-earnings ratio of 14.49, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $138.67. The company has a current ratio of 1.30, a quick ratio of 1.32 and a debt-to-equity ratio of 1.50. The stock has a fifty day simple moving average of $88.98 and a 200-day simple moving average of $92.78.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 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 firm had revenue of $21.42 billion for the quarter, compared to analysts’ expectations of $20.94 billion. During the same period in the prior year, the business posted $1.76 earnings per share. The business’s revenue for the quarter was down 3.7% on a year-over-year basis. United Parcel Service has set its Q4 2025 guidance at EPS. Analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Monday, November 17th will be given a dividend of $1.64 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 7.0%. United Parcel Service’s dividend payout ratio (DPR) is 101.39%.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on UPS shares. Barclays decreased their price objective on shares of United Parcel Service from $90.00 to $80.00 and set an “underweight” rating on the stock in a research report on Thursday, July 31st. Wells Fargo & Company raised their price target 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. Truist Financial upped their price objective on United Parcel Service from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Wall Street Zen raised United Parcel Service from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, Morgan Stanley dropped their price target on United Parcel Service from $80.00 to $75.00 and set an “underweight” rating for the company in a research note on Wednesday, July 30th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the company. According to 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 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.