United Parcel Service, Inc. $UPS Holdings Reduced by Garner Asset Management Corp

Posted by Brenda Bartman on Nov 4th, 2026

Garner Asset Management Corp trimmed its stake in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 53.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,951 shares of the transportation company’s stock after selling 4,610 shares during the quarter. Garner Asset Management Corp’s holdings in United Parcel Service were worth $396,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Tucker Asset Management LLC acquired a new position in shares of United Parcel Service in the third quarter worth about $675,000. Bauman Advisory Group LLC increased its position in shares of United Parcel Service by 1.1% in the third quarter. Bauman Advisory Group LLC now owns 8,865 shares of the transportation company’s stock worth $828,000 after acquiring an additional 96 shares in the last quarter. Signature Equity Partners LLC raised its holdings in shares of United Parcel Service by 196.2% during the third quarter. Signature Equity Partners LLC now owns 1,730 shares of the transportation company’s stock valued at $162,000 after acquiring an additional 1,146 shares during the period. Capital Management Corp VA raised its holdings in shares of United Parcel Service by 0.3% during the third quarter. Capital Management Corp VA now owns 58,942 shares of the transportation company’s stock valued at $5,508,000 after acquiring an additional 175 shares during the period. Finally, TSG Advice Partners LLC acquired a new stake in shares of United Parcel Service during the third quarter valued at approximately $468,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently weighed in on UPS shares. Truist Financial upped their price target on United Parcel Service from $115.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, October 28th. JPMorgan Chase & Co. decreased their price objective on United Parcel Service from $118.00 to $115.00 and set a “neutral” rating for the company in a research report on Wednesday, July 29th. Barclays lifted their target price on United Parcel Service from $80.00 to $95.00 and gave the company an “underweight” rating in a research note on Wednesday, October 28th. Susquehanna upped their target price on United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Finally, The Goldman Sachs Group increased their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $118.45.

View Our Latest Report on United Parcel Service

United Parcel Service Stock Down 0.6%

UPS opened at $109.09 on Wednesday. The firm has a market cap of $92.81 billion, a P/E ratio of 15.90, a price-to-earnings-growth ratio of 1.97 and a beta of 0.98. 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 business has a 50 day moving average price of $99.47 and a 200 day moving average price of $104.66. United Parcel Service, Inc. has a twelve month low of $90.84 and a twelve month high of $122.41.

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

Insiders Place Their Bets

In related news, insider Matthew Guffey sold 8,318 shares of United Parcel Service stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $105.39, for a total transaction of $876,634.02. Following the sale, the insider directly owned 271 shares of the company’s stock, valued at $28,560.69. This trade represents a 96.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.19% of the stock is currently owned by company insiders.

United Parcel Service News Roundup

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

Positive Sentiment: UPS’s strong Q3 results and raised outlook have helped drive its recent gains; analysts also point to profit growth and cost savings. Read More.
Positive Sentiment: ShipMatrix expects parcel-shipping demand to rise 4% over the holidays, a potential boost to peak-season volumes. Read More.
Positive Sentiment: UPS’s CEO identified up to $15 billion in potential revenue opportunities tied to data-center logistics, offering a possible longer-term growth avenue. Read More.
Positive Sentiment: A new agreement with the U.S. State Department will have UPS support humanitarian logistics and disaster response, though the near-term financial impact is unclear. Read More.
Negative Sentiment: Dividend sustainability is a concern: one analysis says UPS’s $5.4 billion dividend bill exceeded its free cash flow, raising questions about the payout if cash generation remains pressured. Read More.
Negative Sentiment: Weak volumes cloud the outlook, while goodwill impairment and transformation costs reduced Q3 earnings from the prior year despite revenue growth. Read More.

About United Parcel Service

(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.