Mitsubishi UFJ Asset Management Co. Ltd. Raises Holdings in United Parcel Service, Inc. $UPS

Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 7.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,399,026 shares of the transportation company’s stock after acquiring an additional 95,229 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in United Parcel Service were worth $141,218,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in United Parcel Service by 63.8% in the fourth quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock valued at $1,529,000 after buying an additional 4,723 shares in the last quarter. Cerity Partners LLC increased its stake in shares of United Parcel Service by 1.2% in the 1st quarter. Cerity Partners LLC now owns 423,935 shares of the transportation company’s stock valued at $46,629,000 after purchasing an additional 5,177 shares in the last quarter. Xponance Inc. boosted its position in United Parcel Service by 1.5% during the first quarter. Xponance Inc. now owns 105,758 shares of the transportation company’s stock worth $11,632,000 after purchasing an additional 1,521 shares in the last quarter. Harmony Asset Management LLC grew its holdings in United Parcel Service by 169.4% in the first quarter. Harmony Asset Management LLC now owns 11,499 shares of the transportation company’s stock valued at $1,265,000 after purchasing an additional 7,231 shares during the period. Finally, Lane & Associates LLC increased its position in shares of United Parcel Service by 6.8% in the first quarter. Lane & Associates LLC now owns 2,449 shares of the transportation company’s stock valued at $269,000 after buying an additional 157 shares in the last quarter. 60.26% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Christiana Smith Shi acquired 500 shares of the stock in a transaction on Friday, August 22nd. The shares were bought at an average price of $88.17 per share, with a total value of $44,085.00. Following the completion of the purchase, the director owned 500 shares of the company’s stock, valued at approximately $44,085. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

UPS has been the topic of a number of recent analyst reports. Stifel Nicolaus decreased their target price on United Parcel Service from $120.00 to $109.00 and set a “buy” rating on the stock in a research report on Tuesday, October 28th. Wall Street Zen upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Wells Fargo & Company increased their price objective on shares of United Parcel Service from $91.00 to $96.00 and gave the company an “equal weight” rating in a report on Wednesday, October 29th. Morgan Stanley cut their target price on shares of United Parcel Service from $80.00 to $75.00 and set an “underweight” rating for the company in a research note on Wednesday, July 30th. Finally, Susquehanna upped their price target on shares of United Parcel Service from $100.00 to $105.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $110.00.

United Parcel Service Stock Performance

NYSE:UPS opened at $95.98 on Friday. The company has a market cap of $81.35 billion, a P/E ratio of 14.84, a P/E/G ratio of 2.29 and a beta of 1.11. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $138.67. The company’s 50-day moving average price is $86.94 and its 200-day moving average price is $92.97. The company has a current ratio of 1.30, a quick ratio of 1.32 and a debt-to-equity ratio of 1.50.

United Parcel Service (NYSE:UPS) last announced 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 $21.42 billion during the quarter, compared to analysts’ expectations 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 quarter in the prior year, the company earned $1.76 EPS. United Parcel Service has set its Q4 2025 guidance at EPS. On average, sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, November 17th will be issued a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend is Monday, November 17th. United Parcel Service’s dividend payout ratio (DPR) is currently 101.39%.

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.