NewEdge Advisors LLC Grows Position in United Parcel Service, Inc. $UPS

NewEdge Advisors LLC raised its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 18.6% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 281,884 shares of the transportation company’s stock after purchasing an additional 44,293 shares during the period. NewEdge Advisors LLC’s holdings in United Parcel Service were worth $30,303,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of United Parcel Service during the 4th quarter worth $25,000. IFC & Insurance Marketing Inc. acquired a new position in United Parcel Service in the fourth quarter valued at $25,000. Markowski Investments acquired a new position in United Parcel Service in the second quarter valued at $30,000. Kemnay Advisory Services Inc. purchased a new stake in United Parcel Service during the fourth quarter valued at about $29,000. Finally, Allied Private Wealth LLC purchased a new stake in United Parcel Service during the second quarter valued at about $34,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on UPS shares. UBS Group upped their price target on United Parcel Service from $123.00 to $124.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Susquehanna lifted their price objective on United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Wall Street Zen upgraded United Parcel Service from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Citizens Jmp initiated coverage on shares of United Parcel Service in a research report on Wednesday, July 15th. They set a “market perform” rating for the company. Finally, Oppenheimer raised their price target on shares of United Parcel Service from $115.00 to $117.00 and gave the company an “outperform” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, United Parcel Service currently has a consensus rating of “Hold” and an average target price of $117.41.

United Parcel Service Stock Down 1.3%

Shares of NYSE UPS opened at $99.22 on Thursday. The stock has a fifty day moving average price of $107.32 and a 200 day moving average price of $105.07. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.58. United Parcel Service, Inc. has a 12-month low of $82.00 and a 12-month high of $122.41. The company has a market cap of $84.41 billion, a P/E ratio of 18.44, a P/E/G ratio of 1.80 and a beta of 1.06.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Tuesday, July 28th. The transportation company reported $1.76 EPS for the quarter, topping 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 analysts’ expectations of $21.86 billion. During the same quarter in the previous year, the firm posted $1.55 earnings per share. The firm’s quarterly revenue 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. Research analysts anticipate that United Parcel Service, Inc. will post 7.22 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Monday, August 17th were given a dividend of $1.64 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $6.56 annualized dividend and a yield of 6.6%. United Parcel Service’s payout ratio is 121.93%.

About United Parcel Service

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company that provides transportation, distribution and supply-chain services. Its offerings include time-definite delivery of packages and documents, ground and air transportation, international shipping, freight services, customs brokerage and logistics management.

UPS serves businesses and consumers in the United States and across international markets, connecting customers in more than 200 countries and territories.