Summit X LLC Grows Stock Holdings in United Parcel Service, Inc. $UPS

Summit X LLC grew its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 121.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 43,620 shares of the transportation company’s stock after acquiring an additional 23,943 shares during the period. United Parcel Service comprises approximately 0.8% of Summit X LLC’s investment portfolio, making the stock its 28th biggest holding. Summit X LLC’s holdings in United Parcel Service were worth $4,403,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Graybill Wealth Management LTD. purchased a new stake in shares of United Parcel Service in the 1st quarter worth $26,000. Mid American Wealth Advisory Group Inc. bought a new stake in shares of United Parcel Service in the second quarter valued at about $26,000. Hemington Wealth Management raised its holdings in shares of United Parcel Service by 68.9% in the first quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock valued at $31,000 after acquiring an additional 115 shares in the last quarter. Saudi Central Bank bought a new position in United Parcel Service during the 1st quarter worth about $32,000. Finally, Flaharty Asset Management LLC bought a new position in United Parcel Service during the 1st quarter worth about $33,000. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Trading Up 2.5%

Shares of United Parcel Service stock opened at $95.98 on Friday. The stock has a market cap of $81.35 billion, a PE ratio of 14.84, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11. The firm has a fifty day moving average price of $86.94 and a 200 day moving average price of $92.97. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.30 and a quick ratio of 1.32. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $138.67.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, topping the consensus estimate 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 firm had revenue of $21.42 billion for the quarter, compared to analyst estimates of $20.94 billion. During the same period last year, the company earned $1.76 earnings per share. United Parcel Service’s revenue for the quarter was down 3.7% compared to the same quarter last year. United Parcel Service has set its Q4 2025 guidance at EPS. Equities research analysts predict 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 announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Monday, November 17th will be paid a dividend of $1.64 per share. 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 is presently 101.39%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. BMO Capital Markets restated a “market perform” rating and issued a $96.00 price target (down previously from $125.00) on shares of United Parcel Service in a report on Friday, September 19th. Wells Fargo & Company boosted their price objective on shares of United Parcel Service from $91.00 to $96.00 and gave the stock an “equal weight” rating in a research note on Wednesday, October 29th. JPMorgan Chase & Co. upped their target price on United Parcel Service from $85.00 to $97.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Vertical Research reiterated a “hold” rating and issued a $103.00 price target on shares of United Parcel Service in a report on Wednesday, July 30th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of United Parcel Service in a report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $110.00.

Insider Transactions at United Parcel Service

In other United Parcel Service news, Director Christiana Smith Shi acquired 500 shares of the company’s stock in a transaction 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 owned 500 shares in the company, valued at approximately $44,085. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.13% of the company’s stock.

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.