Ironwood Investment Counsel LLC Boosts Stock Position in United Parcel Service, Inc. $UPS

Ironwood Investment Counsel LLC grew its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 18.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 55,387 shares of the transportation company’s stock after acquiring an additional 8,598 shares during the period. Ironwood Investment Counsel LLC’s holdings in United Parcel Service were worth $5,591,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of UPS. Goldman Sachs Group Inc. grew its position in United Parcel Service by 124.0% during the first quarter. Goldman Sachs Group Inc. now owns 9,011,107 shares of the transportation company’s stock valued at $991,132,000 after acquiring an additional 4,988,044 shares during the last quarter. Pacer Advisors Inc. boosted its stake in shares of United Parcel Service by 1,056.6% in the 1st quarter. Pacer Advisors Inc. now owns 4,336,175 shares of the transportation company’s stock valued at $476,936,000 after purchasing an additional 3,961,255 shares in the last quarter. Nuveen LLC bought a new position in shares of United Parcel Service during the 1st quarter valued at $201,358,000. Charles Schwab Investment Management Inc. raised its position in United Parcel Service by 7.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 25,045,472 shares of the transportation company’s stock worth $2,754,751,000 after purchasing an additional 1,780,807 shares during the period. Finally, Assenagon Asset Management S.A. raised its position in United Parcel Service by 443.6% in the 2nd quarter. Assenagon Asset Management S.A. now owns 1,549,962 shares of the transportation company’s stock worth $156,453,000 after purchasing an additional 1,264,842 shares during the period. Institutional investors own 60.26% of the company’s stock.

Insider Buying and Selling

In other news, Director Christiana Smith Shi acquired 500 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were acquired at an average cost of $88.17 per share, with a total value of $44,085.00. Following the transaction, the director owned 500 shares in the company, valued at $44,085. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 0.13% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Evercore ISI reduced their price objective on United Parcel Service from $103.00 to $97.00 and set an “in-line” rating on the stock in a research note on Wednesday, July 30th. Wells Fargo & Company increased 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. Weiss Ratings restated a “sell (d+)” rating on shares of United Parcel Service in a research report on Wednesday, October 8th. Stifel Nicolaus lowered their price objective on United Parcel Service from $120.00 to $109.00 and set a “buy” rating for the company in a research report on Tuesday, October 28th. Finally, Wall Street Zen raised United Parcel Service from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, United Parcel Service has an average rating of “Hold” and an average target price of $110.00.

United Parcel Service Price Performance

Shares of UPS stock opened at $95.01 on Wednesday. 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. The firm has a market cap of $80.53 billion, a P/E ratio of 14.69, a P/E/G ratio of 2.29 and a beta of 1.11. The business’s 50 day moving average price is $87.24 and its 200-day moving average price is $92.87.

United Parcel Service (NYSE:UPS) last announced 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. The company had revenue of $21.42 billion during the quarter, compared to analyst estimates 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 was down 3.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. On average, equities research analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, November 17th will be paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date of this dividend is Monday, November 17th. United Parcel Service’s dividend payout ratio is presently 101.39%.

United Parcel Service 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.