Freestone Capital Holdings LLC trimmed its holdings in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 24.9% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 2,356 shares of the transportation company’s stock after selling 783 shares during the period. Freestone Capital Holdings LLC’s holdings in United Parcel Service were worth $238,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in the business. Graybill Wealth Management LTD. purchased a new position in shares of United Parcel Service in the 1st quarter valued at approximately $26,000. Mid American Wealth Advisory Group Inc. acquired a new stake in shares of United Parcel Service during the second quarter worth $26,000. Hemington Wealth Management grew its position in United Parcel Service by 68.9% in the 1st quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock valued at $31,000 after buying an additional 115 shares during the last quarter. Saudi Central Bank purchased a new position in United Parcel Service in the 1st quarter valued at $32,000. Finally, Flaharty Asset Management LLC purchased a new position in United Parcel Service in the 1st quarter valued at $33,000. Institutional investors and hedge funds own 60.26% of the company’s stock.
Analyst Ratings Changes
UPS has been the topic of a number of analyst reports. Bank of America lowered their price objective on shares of 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. Stephens upgraded shares of United Parcel Service to a “hold” rating in a research report on Wednesday, October 29th. UBS Group lifted their price objective on shares of United Parcel Service from $110.00 to $113.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Wall Street Zen upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a research report on Saturday. Finally, Deutsche Bank Aktiengesellschaft lowered their price objective on shares of United Parcel Service from $100.00 to $88.00 and set a “hold” rating on the stock in a research report on Thursday, October 2nd. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $110.00.
United Parcel Service Price Performance
United Parcel Service stock opened at $93.30 on Wednesday. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $138.67. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.32 and a current ratio of 1.30. The business has a fifty day moving average of $86.54 and a two-hundred day moving average of $92.99. The company has a market cap of $79.08 billion, a P/E ratio of 14.42, a price-to-earnings-growth ratio of 2.29 and a beta of 1.10.
United Parcel Service (NYSE:UPS – Get Free Report) last released its earnings results on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.43. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The company had revenue of $21.40 billion during the quarter, compared to the consensus estimate of $20.94 billion. During the same quarter last year, the company earned $1.76 earnings per share. United Parcel Service’s quarterly revenue was down 3.7% compared to the same quarter last year. United Parcel Service has set its Q4 2025 guidance at EPS. As a group, analysts predict that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.
Insider Buying and Selling
In other news, Director Christiana Smith Shi purchased 500 shares of the business’s stock in a transaction dated Friday, August 22nd. The stock was acquired at an average price of $88.17 per share, with a total value of $44,085.00. Following the purchase, the director directly owned 500 shares of the company’s stock, valued at $44,085. This represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.13% of the company’s stock.
United Parcel Service 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.
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