Renasant Bank Buys Shares of 9,341 United Parcel Service, Inc. $UPS

Renasant Bank purchased a new position in United Parcel Service, Inc. (NYSE:UPS) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 9,341 shares of the transportation company’s stock, valued at approximately $943,000.

A number of other institutional investors also recently added to or reduced their stakes in UPS. Geode Capital Management LLC raised its holdings in United Parcel Service by 4.8% in the second quarter. Geode Capital Management LLC now owns 16,623,834 shares of the transportation company’s stock worth $1,675,733,000 after purchasing an additional 762,407 shares in the last quarter. ABC Arbitrage SA boosted its holdings in shares of United Parcel Service by 43.7% in the 2nd quarter. ABC Arbitrage SA now owns 19,321 shares of the transportation company’s stock valued at $1,950,000 after buying an additional 5,875 shares in the last quarter. United Asset Strategies Inc. grew its position in shares of United Parcel Service by 12.2% in the 2nd quarter. United Asset Strategies Inc. now owns 27,133 shares of the transportation company’s stock worth $2,739,000 after buying an additional 2,959 shares during the last quarter. Quinn Opportunity Partners LLC bought a new position in shares of United Parcel Service during the 2nd quarter worth approximately $1,009,000. Finally, SBI Securities Co. Ltd. raised its stake in shares of United Parcel Service by 15.3% during the 2nd quarter. SBI Securities Co. Ltd. now owns 2,514 shares of the transportation company’s stock worth $254,000 after acquiring an additional 333 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

Insider Activity at United Parcel Service

In other United Parcel Service news, Director Christiana Smith Shi acquired 500 shares of the business’s stock in a transaction dated Friday, August 22nd. The shares were purchased at an average price of $88.17 per share, for a total transaction of $44,085.00. Following the completion of the purchase, the director directly owned 500 shares of the company’s stock, valued at $44,085. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.13% of the stock is owned by company insiders.

United Parcel Service Stock Performance

Shares of UPS 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. The stock has a 50-day moving average of $87.24 and a two-hundred day moving average of $92.87. The stock 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. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $138.67.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.43. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The business had revenue of $21.42 billion for the quarter, compared to analyst estimates of $20.94 billion. During the same period in the prior year, the company earned $1.76 earnings per share. The company’s revenue was down 3.7% on a year-over-year basis. United Parcel Service has set its Q4 2025 guidance at EPS. As a group, research analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

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

Analyst Ratings Changes

Several equities research analysts have weighed in on UPS shares. JPMorgan Chase & Co. raised their target price on shares of United Parcel Service from $85.00 to $97.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Stephens upgraded United Parcel Service to a “hold” rating in a report on Wednesday, October 29th. Morgan Stanley lowered their price objective on United Parcel Service from $80.00 to $75.00 and set an “underweight” rating for the company in a research report on Wednesday, July 30th. Barclays reduced their target price on United Parcel Service from $90.00 to $80.00 and set an “underweight” rating on the stock in a research report on Thursday, July 31st. Finally, UBS Group increased their price target on United Parcel Service from $110.00 to $113.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $110.00.

United Parcel Service Company 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.