Franklin Street Advisors Inc. NC Has $8.98 Million Stock Position in United Parcel Service, Inc. $UPS

Franklin Street Advisors Inc. NC reduced its stake in United Parcel Service, Inc. (NYSE:UPSFree Report) by 18.2% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 83,526 shares of the transportation company’s stock after selling 18,630 shares during the period. Franklin Street Advisors Inc. NC’s holdings in United Parcel Service were worth $8,979,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. LFG Wealth Partners LLC acquired a new position in shares of United Parcel Service in the 4th quarter valued at approximately $1,207,000. CWM LLC raised its holdings in United Parcel Service by 49.4% during 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 during the period. RiverFront Investment Group LLC lifted its stake in United Parcel Service by 937.9% in the fourth quarter. RiverFront Investment Group LLC now owns 245,564 shares of the transportation company’s stock valued at $24,358,000 after buying an additional 221,905 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of United Parcel Service by 1.5% in 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 purchasing an additional 65,652 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its position in shares of United Parcel Service by 4.0% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 435,126 shares of the transportation company’s stock worth $43,160,000 after buying an additional 16,764 shares during the period. 60.26% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

UPS has been the subject of a number of research reports. Oppenheimer increased their price objective on United Parcel Service from $115.00 to $117.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Evercore cut their target price on United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a research note on Wednesday, April 22nd. Citigroup upped their price target on United Parcel Service from $127.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday, July 9th. Stephens decreased their price target 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, BMO Capital Markets lifted their price objective on shares of United Parcel Service from $110.00 to $115.00 and gave the company a “market perform” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $117.41.

Check Out Our Latest Stock Analysis on UPS

United Parcel Service Price Performance

Shares of NYSE UPS opened at $104.56 on Monday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.18 and a quick ratio of 1.18. The business has a 50-day moving average of $109.33 and a 200-day moving average of $106.62. The stock has a market capitalization of $88.88 billion, a price-to-earnings ratio of 19.43, a PEG ratio of 1.89 and a beta of 1.06. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41.

United Parcel Service (NYSE:UPSGet Free Report) last released 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 business had revenue of $22.83 billion for the quarter, compared to analyst estimates of $21.86 billion. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.United Parcel Service’s revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.55 earnings per share. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. As a group, sell-side analysts predict that United Parcel Service, Inc. will post 7.22 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th will be issued a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 6.3%. The ex-dividend date of this dividend is Monday, August 17th. United Parcel Service’s dividend payout ratio is presently 121.93%.

United Parcel Service Company 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

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

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