United Parcel Service (NYSE:UPS – Free Report) had its target price boosted by Wells Fargo & Company from $110.00 to $112.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The brokerage currently has an equal weight rating on the transportation company’s stock.
Several other equities analysts have also weighed in on the stock. Truist Financial reduced their target price on shares of United Parcel Service from $130.00 to $115.00 and set a “buy” rating on the stock in a report on Wednesday, October 7th. BMO Capital Markets increased their price target on United Parcel Service from $110.00 to $115.00 and gave the company a “market perform” rating in a report on Wednesday, July 29th. Citigroup cut their price objective on United Parcel Service from $132.00 to $122.00 and set a “buy” rating on the stock in a research report on Wednesday, October 7th. BNP Paribas Exane reduced their price objective on United Parcel Service from $90.00 to $85.00 and set an “underperform” rating on the stock in a research note on Wednesday, September 30th. Finally, Susquehanna boosted their price objective on United Parcel Service from $118.00 to $120.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, United Parcel Service presently has an average rating of “Hold” and a consensus price target of $118.45.
Check Out Our Latest Report on UPS
United Parcel Service Trading Up 1.0%
NYSE UPS opened at $108.35 on Wednesday. The firm has a market capitalization of $92.18 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 1.93 and a beta of 1.07. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.18 and a current ratio of 1.24. United Parcel Service has a one year low of $90.84 and a one year high of $122.41. The company’s 50 day moving average price is $99.19 and its 200 day moving average price is $104.63.
United Parcel Service (NYSE:UPS – Get Free Report) last released its quarterly earnings data on Tuesday, October 27th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.07. United Parcel Service had a net margin of 4.84% and a return on equity of 37.78%. The company had revenue of $22.90 billion during the quarter, compared to the consensus estimate of $22.27 billion. During the same period in the previous year, the firm earned $1.74 earnings per share. United Parcel Service’s revenue for the quarter was up 6.9% on a year-over-year basis. On average, sell-side analysts predict that United Parcel Service will post 7.28 EPS for the current year.
United Parcel Service Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Monday, August 17th were paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date was Monday, August 17th. United Parcel Service’s payout ratio is 126.15%.
Insider Activity
In related news, insider Matthew W. Guffey sold 8,318 shares of the company’s stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $105.39, for a total value of $876,634.02. Following the sale, the insider directly owned 271 shares of the company’s stock, valued at $28,560.69. This represents a 96.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.19% of the company’s stock.
Institutional Investors Weigh In On United Parcel Service
Hedge funds and other institutional investors have recently modified their holdings of the stock. Cordgrass Capital Advisors LLC boosted its holdings in United Parcel Service by 1.5% in the third quarter. Cordgrass Capital Advisors LLC now owns 20,205 shares of the transportation company’s stock worth $1,888,000 after purchasing an additional 304 shares during the period. Ascent Group LLC raised its holdings in shares of United Parcel Service by 3.6% during the third quarter. Ascent Group LLC now owns 27,184 shares of the transportation company’s stock worth $2,540,000 after purchasing an additional 940 shares during the period. MH & Associates Securities Management Corp ADV acquired a new stake in shares of United Parcel Service during the third quarter worth $2,317,000. Compass Financial Management LLC raised its holdings in shares of United Parcel Service by 2.1% during the third quarter. Compass Financial Management LLC now owns 6,393 shares of the transportation company’s stock worth $597,000 after purchasing an additional 131 shares during the period. Finally, Rakuten Investment Management Inc. lifted its position in shares of United Parcel Service by 10.1% in the 3rd quarter. Rakuten Investment Management Inc. now owns 134,320 shares of the transportation company’s stock worth $12,617,000 after buying an additional 12,316 shares during the last quarter. Institutional investors own 60.26% of the company’s stock.
Trending Headlines about United Parcel Service
Here are the key news stories impacting United Parcel Service this week:
- Positive Sentiment: UPS exceeded quarterly expectations, reporting $22.90 billion in revenue and adjusted earnings of $1.69 per share versus consensus estimates of $22.27 billion and $1.62, respectively. Management cited stronger premium services, international trade lanes, automation, and improved customer mix. 5 revealing analyst questions from United Parcel Service’s Q3 earnings call
- Positive Sentiment: UPS raised its outlook despite declining shipment volume, suggesting that higher revenue per package, productivity improvements, and cost control are more than offsetting weaker demand. The company plans to use automation and radio-frequency tracking for approximately 70% of packages during the holiday season. Why Did United Parcel Service Raise Guidance Despite Falling Volume?
- Positive Sentiment: Several analysts, including Wells Fargo, Truist, Barclays, Citigroup, Oppenheimer, Bank of America, and UBS, issued bullish commentary or increased their price targets. The recommendations reinforce the view that UPS’s earnings recovery and valuation offer additional upside. Wells Fargo expects UPS stock to rise
- Neutral Sentiment: Comparisons with FedEx highlight UPS’s improved earnings momentum, dividend appeal, and valuation, but also emphasize that future returns depend on sustaining margin gains while handling fewer packages. UPS vs. FedEx: Which Stock Is the Better Buy After Strong Q3 Results?
- Negative Sentiment: Insider Matthew W. Guffey sold 8,318 UPS shares for approximately $876,634, reducing his remaining ownership by 96.84%. While one insider sale is not necessarily a fundamental signal, it may modestly weigh on sentiment. SEC insider transaction filing
About United Parcel Service
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.
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