Nykredit A S Takes Position in United Parcel Service, Inc. $UPS

Nykredit A S purchased a new stake in United Parcel Service, Inc. (NYSE:UPSFree Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 145,879 shares of the transportation company’s stock, valued at approximately $15,682,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in UPS. University of Texas Texas AM Investment Management Co. purchased a new stake in United Parcel Service during the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. purchased a new position in shares of United Parcel Service in the 4th quarter worth approximately $25,000. Coston McIsaac & Partners boosted its holdings in shares of United Parcel Service by 77.8% in the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after purchasing an additional 119 shares during the period. Kemnay Advisory Services Inc. bought a new position in shares of United Parcel Service during the 4th quarter valued at approximately $29,000. Finally, Legacy Wealth Managment LLC ID increased its position in shares of United Parcel Service by 48.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 101 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on UPS. BMO Capital Markets raised their price target on United Parcel Service from $110.00 to $115.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 29th. Weiss Ratings raised shares of United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, August 17th. Oppenheimer raised their target price on shares of United Parcel Service from $115.00 to $117.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Wall Street Zen upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Finally, Stephens cut their price target on shares of United Parcel Service from $135.00 to $130.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $117.41.

Read Our Latest Research Report on United Parcel Service

United Parcel Service Stock Performance

UPS stock opened at $102.30 on Friday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.58. The business’s fifty day simple moving average is $107.78 and its two-hundred day simple moving average is $105.49. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $122.41. The firm has a market cap of $87.03 billion, a price-to-earnings ratio of 19.01, a PEG ratio of 1.85 and a beta of 1.06.

United Parcel Service (NYSE:UPSGet Free Report) last issued its earnings results 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 during the quarter, compared to analyst estimates of $21.86 billion. United Parcel Service had a net margin of 5.08% and a return on equity of 37.50%. The business’s revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.55 earnings per share. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. Analysts predict that United Parcel Service, Inc. will post 7.22 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th were given a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 6.4%. The ex-dividend date of this dividend was Monday, August 17th. United Parcel Service’s payout ratio is 121.93%.

United Parcel Service 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.

See Also

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

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