United Parcel Service, Inc. $UPS Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its holdings in United Parcel Service, Inc. (NYSE:UPS) by 13.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,273,001 shares of the transportation company’s stock after selling 190,761 shares during the period. Envestnet Asset Management Inc.’s holdings in United Parcel Service were worth $128,497,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in UPS. Goldman Sachs Group Inc. increased its position in shares of United Parcel Service by 124.0% during the first quarter. Goldman Sachs Group Inc. now owns 9,011,107 shares of the transportation company’s stock worth $991,132,000 after purchasing an additional 4,988,044 shares in the last quarter. Pacer Advisors Inc. increased its position in shares of United Parcel Service by 1,056.6% during the first quarter. Pacer Advisors Inc. now owns 4,336,175 shares of the transportation company’s stock worth $476,936,000 after purchasing an additional 3,961,255 shares in the last quarter. Nuveen LLC acquired a new stake in shares of United Parcel Service during the first quarter worth about $201,358,000. Charles Schwab Investment Management Inc. increased its position in shares of United Parcel Service by 7.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 25,045,472 shares of the transportation company’s stock worth $2,754,751,000 after purchasing an additional 1,780,807 shares in the last quarter. Finally, Assenagon Asset Management S.A. increased its position in shares of United Parcel Service by 443.6% during the second quarter. Assenagon Asset Management S.A. now owns 1,549,962 shares of the transportation company’s stock worth $156,453,000 after purchasing an additional 1,264,842 shares in the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

UPS has been the topic of several recent research reports. Weiss Ratings restated a “sell (d+)” rating on shares of United Parcel Service in a research report on Wednesday, October 8th. Stifel Nicolaus dropped their price target on United Parcel Service from $120.00 to $109.00 and set a “buy” rating on the stock in a research report on Tuesday. Wall Street Zen cut United Parcel Service from a “hold” rating to a “sell” rating in a research report on Saturday, September 20th. Barclays dropped their price target on United Parcel Service from $90.00 to $80.00 and set an “underweight” rating on the stock in a research report on Thursday, July 31st. Finally, Bank of America dropped their price target on United Parcel Service from $83.00 to $81.00 and set an “underperform” rating on the stock in a research report on Friday, September 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fifteen have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat, United Parcel Service currently has a consensus rating of “Hold” and a consensus target price of $108.97.

United Parcel Service Price Performance

Shares of UPS opened at $96.52 on Wednesday. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $138.67. The stock’s 50 day moving average is $85.75 and its two-hundred day moving average is $93.06. The firm has a market capitalization of $81.80 billion, a PE ratio of 14.36, a P/E/G ratio of 1.65 and a beta of 1.10. The company has a current ratio of 1.32, a quick ratio of 1.32 and a debt-to-equity ratio of 1.51.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.43. The company had revenue of $21.40 billion for the quarter, compared to analyst estimates of $20.94 billion. United Parcel Service had a return on equity of 39.61% and a net margin of 6.34%.The firm’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.76 EPS. United Parcel Service has set its Q4 2025 guidance at EPS. Research analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 18th were paid a dividend of $1.64 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a $6.56 annualized dividend and a dividend yield of 6.8%. United Parcel Service’s payout ratio is 97.62%.

Insider Transactions at United Parcel Service

In other news, Director William R. Johnson purchased 5,000 shares of the firm’s stock in a transaction dated Thursday, July 31st. The shares were acquired at an average price of $86.50 per share, with a total value of $432,500.00. Following the purchase, the director directly owned 10,160 shares of the company’s stock, valued at $878,840. The trade was a 96.90% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Carol B. Tome purchased 11,682 shares of the firm’s stock in a transaction dated Friday, August 1st. The shares were purchased at an average cost of $85.67 per share, for a total transaction of $1,000,796.94. Following the purchase, the chief executive officer directly owned 24,718 shares in the company, valued at approximately $2,117,591.06. This represents a 89.61% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have bought 17,182 shares of company stock valued at $1,477,382 in the last quarter. 0.13% of the stock is currently owned by corporate insiders.

United Parcel Service Company Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.