United Parcel Service (NYSE:UPS) Shares Climb 1% – Time to Buy?

United Parcel Service, Inc. (NYSE:UPS) shares shot up 1% during trading on Tuesday. The company traded as high as $99.78 and last traded at $98.4510. 3,629,784 shares changed hands during trading, a decline of 35% from the average daily volume of 5,607,721 shares. The stock had previously closed at $97.46.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on UPS shares. Stephens dropped their target price on United Parcel Service from $135.00 to $130.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. BMO Capital Markets lifted their target price on United Parcel Service from $110.00 to $115.00 and gave the company a “market perform” rating in a research report on Wednesday, July 29th. Sanford C. Bernstein reiterated a “buy” rating on shares of United Parcel Service in a report on Monday, August 24th. Susquehanna increased their price target on United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Finally, Stifel Nicolaus increased their price target on United Parcel Service from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $115.87.

United Parcel Service Trading Up 1.0%

The firm has a fifty day simple moving average of $99.23 and a two-hundred day simple moving average of $103.60. The firm has a market capitalization of $83.76 billion, a P/E ratio of 18.30, a price-to-earnings-growth ratio of 1.80 and a beta of 1.07. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.18 and a quick ratio of 1.18.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate 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 firm had revenue of $22.83 billion for the quarter, compared to analyst estimates of $21.86 billion. During the same period in the previous year, the company posted $1.55 earnings per share. The business’s 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. On average, equities research analysts anticipate that United Parcel Service, Inc. will post 7.19 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Monday, August 17th were issued a $1.64 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $6.56 annualized dividend and a yield of 6.7%. United Parcel Service’s dividend payout ratio (DPR) is 121.93%.

Institutional Investors Weigh In On United Parcel Service

Several institutional investors have recently added to or reduced their stakes in the business. Markowski Investments bought a new stake in shares of United Parcel Service in the second quarter valued at approximately $30,000. Allied Private Wealth LLC bought a new position in United Parcel Service in the 2nd quarter worth approximately $34,000. Legacy Wealth Managment LLC ID boosted its holdings in United Parcel Service by 48.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company’s stock worth $30,000 after buying an additional 101 shares during the period. Community Financial Services Group LLC grew its stake in United Parcel Service by 170.1% in the 2nd quarter. Community Financial Services Group LLC now owns 370 shares of the transportation company’s stock valued at $41,000 after buying an additional 233 shares in the last quarter. Finally, Grove Bank & Trust grew its stake in United Parcel Service by 49.8% in the 2nd quarter. Grove Bank & Trust now owns 379 shares of the transportation company’s stock valued at $41,000 after buying an additional 126 shares in the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Company Profile

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.