Prosperity Consulting Group LLC Purchases New Position in United Parcel Service, Inc. $UPS

Prosperity Consulting Group LLC purchased a new stake in United Parcel Service, Inc. (NYSE:UPS) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,845 shares of the transportation company’s stock, valued at approximately $691,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cornerstone Wealth Group LLC raised its position in United Parcel Service by 3.9% in the 2nd quarter. Cornerstone Wealth Group LLC now owns 2,557 shares of the transportation company’s stock worth $258,000 after purchasing an additional 97 shares during the period. Bangor Savings Bank raised its position in United Parcel Service by 1.9% in the 2nd quarter. Bangor Savings Bank now owns 5,413 shares of the transportation company’s stock worth $546,000 after purchasing an additional 101 shares during the period. First Dallas Securities Inc. raised its position in United Parcel Service by 0.9% in the 1st quarter. First Dallas Securities Inc. now owns 11,421 shares of the transportation company’s stock worth $1,256,000 after purchasing an additional 102 shares during the period. Fortis Capital Advisors LLC raised its position in United Parcel Service by 3.4% in the 1st quarter. Fortis Capital Advisors LLC now owns 3,185 shares of the transportation company’s stock worth $350,000 after purchasing an additional 104 shares during the period. Finally, Wright Investors Service Inc. raised its position in United Parcel Service by 1.3% in the 2nd quarter. Wright Investors Service Inc. now owns 7,861 shares of the transportation company’s stock worth $793,000 after purchasing an additional 104 shares during the period. 60.26% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

UPS has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft reduced 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. JPMorgan Chase & Co. raised their target price on shares of United Parcel Service from $85.00 to $97.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Wells Fargo & Company raised their target price on shares of United Parcel Service from $91.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 29th. Stephens raised shares of United Parcel Service to a “hold” rating in a research report on Wednesday, October 29th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $96.00 target price (down from $125.00) on shares of United Parcel Service in a research report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, United Parcel Service has a consensus rating of “Hold” and a consensus target price of $110.00.

United Parcel Service Stock Performance

Shares of UPS stock opened at $92.92 on Thursday. The firm has a market cap of $78.76 billion, a price-to-earnings ratio of 14.36, a PEG ratio of 2.29 and a beta of 1.11. The company’s 50 day moving average is $86.64 and its 200 day moving average is $92.99. The company has a quick ratio of 1.32, a current ratio of 1.30 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $138.67.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate 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 net margin of 6.15% and a return on equity of 40.07%. United Parcel Service’s revenue was down 3.7% compared to the same quarter last year. During the same period last year, the company posted $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. On average, sell-side analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

Insider Transactions at United Parcel Service

In other United Parcel Service news, Director Christiana Smith Shi acquired 500 shares of the business’s stock in a transaction that occurred on Friday, August 22nd. The shares were bought at an average cost of $88.17 per share, with a total value of $44,085.00. Following the completion of the acquisition, the director directly owned 500 shares in the company, valued at $44,085. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.13% of the stock is currently owned by insiders.

About United Parcel Service

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.