Maj Invest Holding A S Sells 128,641 Shares of United Parcel Service, Inc. $UPS

Maj Invest Holding A S trimmed its position in United Parcel Service, Inc. (NYSE:UPSFree Report) by 11.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 969,545 shares of the transportation company’s stock after selling 128,641 shares during the quarter. United Parcel Service comprises approximately 4.7% of Maj Invest Holding A S’s holdings, making the stock its 11th biggest position. Maj Invest Holding A S owned about 0.11% of United Parcel Service worth $104,225,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in UPS. LFG Wealth Partners LLC purchased a new position in shares of United Parcel Service during the 4th quarter valued at $1,207,000. CWM LLC increased its stake in United Parcel Service by 49.4% in the 4th quarter. CWM LLC now owns 297,357 shares of the transportation company’s stock worth $29,495,000 after buying an additional 98,309 shares in the last quarter. RiverFront Investment Group LLC raised its holdings in United Parcel Service by 937.9% during the fourth quarter. RiverFront Investment Group LLC now owns 245,564 shares of the transportation company’s stock valued at $24,358,000 after acquiring an additional 221,905 shares during the period. Bank of New York Mellon Corp raised its holdings in United Parcel Service by 1.5% during the fourth quarter. Bank of New York Mellon Corp now owns 4,541,742 shares of the transportation company’s stock valued at $450,495,000 after acquiring an additional 65,652 shares during the period. Finally, Nomura Asset Management Co. Ltd. lifted its position in shares of United Parcel Service by 4.0% in the fourth quarter. Nomura Asset Management Co. Ltd. now owns 435,126 shares of the transportation company’s stock valued at $43,160,000 after acquiring an additional 16,764 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on UPS. Citizens Jmp started coverage on United Parcel Service in a research note on Wednesday, July 15th. They issued a “market perform” rating for the company. BMO Capital Markets lifted their target price on United Parcel Service from $110.00 to $115.00 and gave the company a “market perform” rating in a research note on Wednesday, July 29th. UBS Group boosted their price target on United Parcel Service from $123.00 to $124.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings downgraded United Parcel Service from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, August 3rd. Finally, Susquehanna increased their price objective on shares of United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $117.41.

Get Our Latest Research Report on UPS

United Parcel Service Stock Up 1.3%

UPS opened at $104.56 on Friday. The company has a market capitalization of $88.88 billion, a PE ratio of 19.43, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. The firm has a 50-day simple moving average of $109.33 and a two-hundred day simple moving average of $106.62. The company has a quick ratio of 1.21, a current ratio of 1.18 and a debt-to-equity ratio of 1.58. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $122.41.

United Parcel Service (NYSE:UPSGet Free Report) last issued its earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.11. The firm had revenue of $22.83 billion for the quarter, compared to analysts’ expectations of $21.86 billion. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.The business’s revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.55 earnings per share. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. Analysts forecast that United Parcel Service, Inc. will post 7.22 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th will be issued a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.3%. The ex-dividend date is Monday, August 17th. United Parcel Service’s dividend payout ratio (DPR) is currently 121.93%.

United Parcel Service Profile

(Free Report)

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.

Further Reading

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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