United Parcel Service (NYSE:UPS) Upgraded to “Buy” at Wall Street Zen

Wall Street Zen upgraded shares of United Parcel Service (NYSE:UPS – Free Report) from a hold rating to a buy rating in a research note published on Saturday morning,Wall Street Zen reports.

UPS has been the subject of a number of other reports. BMO Capital Markets upped their price objective on shares of 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 cut their price target on United Parcel Service from $131.00 to $127.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 21st. BNP Paribas Exane cut their price target 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. JPMorgan Chase & Co. reduced their price target on United Parcel Service from $118.00 to $115.00 and set a “neutral” rating for the company in a report on Wednesday, July 29th. Finally, Evercore raised their price objective on United Parcel Service from $117.00 to $118.00 in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $118.45.

Check Out Our Latest Stock Analysis on United Parcel Service

United Parcel Service Trading Up 1.0%

NYSE UPS opened at $108.35 on Friday. The firm has a market capitalization of $92.18 billion, a price-to-earnings ratio of 20.84, a PEG ratio of 1.94 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th were paid a dividend of $1.64 per share. The ex-dividend date was Monday, August 17th. This represents a $6.56 annualized dividend and a yield of 6.1%. United Parcel Service’s payout ratio is presently 126.15%.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, insider Matthew W. Guffey sold 8,318 shares of the firm’s stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $105.39, for a total value of $876,634.02. Following the transaction, the insider owned 271 shares of the company’s stock, valued at $28,560.69. This trade represents a 96.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Company insiders own 0.19% of the company’s stock.

Hedge Funds Weigh In On United Parcel Service

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Bauman Advisory Group LLC boosted its holdings in shares of United Parcel Service by 1.1% during the third quarter. Bauman Advisory Group LLC now owns 8,865 shares of the transportation company’s stock valued at $828,000 after acquiring an additional 96 shares during the period. Legacy Wealth Managment LLC ID boosted its position in shares of United Parcel Service by 48.6% during the first 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. Wealth Alliance LLC boosted its position in shares of United Parcel Service by 3.5% during the first quarter. Wealth Alliance LLC now owns 3,013 shares of the transportation company’s stock worth $296,000 after buying an additional 102 shares during the period. Altus Wealth Group LLC grew its holdings in United Parcel Service by 1.3% in the 1st quarter. Altus Wealth Group LLC now owns 7,839 shares of the transportation company’s stock worth $771,000 after buying an additional 104 shares in the last quarter. Finally, Texas Bank & Trust Co grew its holdings in United Parcel Service by 1.0% in the 1st quarter. Texas Bank & Trust Co now owns 10,286 shares of the transportation company’s stock worth $1,012,000 after buying an additional 106 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Key United Parcel Service News

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

United Parcel Service Company Profile

(Get Free Report)

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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Analyst Recommendations for United Parcel Service (NYSE:UPS)

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