Mirador Capital Partners LP Acquires Shares of 5,134 United Parcel Service, Inc. $UPS

Mirador Capital Partners LP bought a new position in United Parcel Service, Inc. (NYSE:UPS) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 5,134 shares of the transportation company’s stock, valued at approximately $552,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of United Parcel Service by 63.8% in the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock worth $1,529,000 after buying an additional 4,723 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of United Parcel Service in the second quarter valued at approximately $277,000. SVB Wealth LLC bought a new stake in United Parcel Service during the 2nd quarter valued at $848,000. Treasurer of the State of North Carolina lifted its holdings in United Parcel Service by 2.7% during the 2nd quarter. Treasurer of the State of North Carolina now owns 342,866 shares of the transportation company’s stock worth $34,609,000 after purchasing an additional 9,124 shares in the last quarter. Finally, Ieq Capital LLC boosted its position in shares of United Parcel Service by 154.5% in the second quarter. Ieq Capital LLC now owns 104,819 shares of the transportation company’s stock valued at $10,580,000 after acquiring an additional 63,629 shares during the period. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Sanford C. Bernstein upped their price target on shares of United Parcel Service from $130.00 to $133.00 and gave the stock an “outperform” rating in a report on Tuesday, July 21st. UBS Group boosted their target price on United Parcel Service from $123.00 to $124.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Wall Street Zen lowered United Parcel Service from a “buy” rating to a “hold” rating in a report on Sunday, July 26th. Citigroup lifted their price objective on shares of United Parcel Service from $127.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Finally, Weiss Ratings lowered shares of United Parcel Service from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, United Parcel Service currently has an average rating of “Hold” and a consensus target price of $117.41.

United Parcel Service Stock Performance

United Parcel Service stock opened at $103.24 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.18 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $87.76 billion, a PE ratio of 19.19, a P/E/G ratio of 1.95 and a beta of 1.06. The firm has a fifty day simple moving average of $109.38 and a two-hundred day simple moving average of $106.63. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $122.41.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, July 28th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period last year, the firm earned $1.55 earnings per share. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. Research analysts expect that United Parcel Service, Inc. will post 7.21 EPS for the current year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Monday, August 17th will be given a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.4%. The ex-dividend date is Monday, August 17th. United Parcel Service’s dividend payout ratio (DPR) is presently 121.93%.

About United Parcel Service

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.