United Parcel Service (NYSE:UPS) Price Target Raised to $120.00

United Parcel Service (NYSE:UPS – Free Report) had its price objective lifted by Truist Financial from $115.00 to $120.00 in a research report released on Wednesday,Benzinga reports. They currently have a buy rating on the transportation company’s stock.

Several other analysts have also issued reports on the stock. Sanford C. Bernstein reduced their price target on shares of United Parcel Service from $131.00 to $127.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 21st. Wall Street Zen cut shares of United Parcel Service from a “buy” rating to a “hold” rating in a research report on Saturday, September 19th. The Goldman Sachs Group upped their price objective on shares of United Parcel Service from $128.00 to $132.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Stephens dropped their price objective on shares of United Parcel Service from $135.00 to $130.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. Finally, Barclays raised their target price on shares of United Parcel Service from $80.00 to $95.00 and gave the company an “underweight” rating in a research report on Wednesday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $118.45.

View Our Latest Stock Report on UPS

United Parcel Service Stock Performance

Shares of UPS opened at $108.35 on Wednesday. The firm has a market cap of $92.18 billion, a P/E ratio of 20.84, a PEG ratio of 1.93 and a beta of 1.07. United Parcel Service has a twelve month low of $90.84 and a twelve month high of $122.41. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.18 and a current ratio of 1.24. The firm’s 50 day moving average price is $99.19 and its two-hundred day moving average price is $104.63.

United Parcel Service (NYSE:UPS – Get Free Report) last posted its quarterly earnings data on Tuesday, October 27th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. United Parcel Service had a return on equity of 37.78% and a net margin of 4.84%. The business had revenue of $22.90 billion during the quarter, compared to the consensus estimate of $22.27 billion. During the same period last year, the company earned $1.74 earnings per share. United Parcel Service’s quarterly revenue was up 6.9% on a year-over-year basis. On average, analysts forecast that United Parcel Service will post 7.28 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th were issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date was Monday, August 17th. United Parcel Service’s payout ratio is presently 126.15%.

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Matthew W. Guffey sold 8,318 shares of the firm’s stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $105.39, for a total value of $876,634.02. Following the completion of the sale, the insider directly owned 271 shares in the company, valued at approximately $28,560.69. This trade represents a 96.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.19% of the company’s stock.

Hedge Funds Weigh In On United Parcel Service

Several institutional investors have recently made changes to their positions in the stock. Legacy Wealth Managment LLC ID raised its stake in United Parcel Service by 48.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company’s stock worth $30,000 after buying an additional 101 shares during the period. Markowski Investments acquired a new stake in United Parcel Service in the second quarter valued at approximately $30,000. Allied Private Wealth LLC acquired a new stake in United Parcel Service in the second quarter valued at approximately $34,000. Grove Bank & Trust increased its holdings in shares of United Parcel Service by 49.8% during the second quarter. Grove Bank & Trust now owns 379 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 126 shares in the last quarter. Finally, Community Financial Services Group LLC increased its holdings in shares of United Parcel Service by 170.1% during the second quarter. Community Financial Services Group LLC now owns 370 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 233 shares in the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service News Roundup

Here are the key news stories impacting United Parcel Service this week:

  • Positive Sentiment: UPS exceeded quarterly expectations, reporting $22.90 billion in revenue and adjusted earnings of $1.69 per share versus consensus estimates of $22.27 billion and $1.62, respectively. Management cited stronger premium services, international trade lanes, automation, and improved customer mix. 5 revealing analyst questions from United Parcel Service’s Q3 earnings call
  • Positive Sentiment: UPS raised its outlook despite declining shipment volume, suggesting that higher revenue per package, productivity improvements, and cost control are more than offsetting weaker demand. The company plans to use automation and radio-frequency tracking for approximately 70% of packages during the holiday season. Why Did United Parcel Service Raise Guidance Despite Falling Volume?
  • Positive Sentiment: Several analysts, including Wells Fargo, Truist, Barclays, Citigroup, Oppenheimer, Bank of America, and UBS, issued bullish commentary or increased their price targets. The recommendations reinforce the view that UPS’s earnings recovery and valuation offer additional upside. Wells Fargo expects UPS stock to rise
  • Neutral Sentiment: Comparisons with FedEx highlight UPS’s improved earnings momentum, dividend appeal, and valuation, but also emphasize that future returns depend on sustaining margin gains while handling fewer packages. UPS vs. FedEx: Which Stock Is the Better Buy After Strong Q3 Results?
  • Negative Sentiment: Insider Matthew W. Guffey sold 8,318 UPS shares for approximately $876,634, reducing his remaining ownership by 96.84%. While one insider sale is not necessarily a fundamental signal, it may modestly weigh on sentiment. SEC insider transaction filing

United Parcel Service Company Profile

(Get Free Report)

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.

Further Reading

Analyst Recommendations for United Parcel Service (NYSE:UPS)

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