PensionDanmark Pensionsforsikringsaktieselskab Acquires 21,126 Shares of United Parcel Service, Inc. $UPS

PensionDanmark Pensionsforsikringsaktieselskab increased its holdings in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) by 28.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 95,915 shares of the transportation company’s stock after purchasing an additional 21,126 shares during the period. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in United Parcel Service were worth $10,311,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. LFG Wealth Partners LLC acquired a new stake in shares of United Parcel Service in the 4th quarter valued at about $1,207,000. CWM LLC raised its stake 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 boosted its holdings 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 worth $24,358,000 after acquiring an additional 221,905 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in 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 worth $450,495,000 after acquiring an additional 65,652 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. grew its stake in 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 during the period. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Stock Performance

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

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

United Parcel Service Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Monday, August 17th. United Parcel Service’s payout ratio is currently 121.93%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Stifel Nicolaus boosted their price objective on United Parcel Service from $114.00 to $115.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Wall Street Zen upgraded United Parcel Service from a “hold” rating to a “buy” rating in a report on Saturday. Evercore reduced their price target on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating for the company in a research report on Wednesday, April 22nd. UBS Group upped their price objective on shares of United Parcel Service from $123.00 to $124.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Finally, Sanford C. Bernstein upped their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $117.41.

Read Our Latest Research Report on United Parcel Service

About United Parcel Service

(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.

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

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