Ironwood Investment Counsel LLC Buys 8,598 Shares of United Parcel Service, Inc. $UPS

Ironwood Investment Counsel LLC increased its position in United Parcel Service, Inc. (NYSE:UPS) by 18.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 55,387 shares of the transportation company’s stock after buying an additional 8,598 shares during the period. Ironwood Investment Counsel LLC’s holdings in United Parcel Service were worth $5,591,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in UPS. Mid American Wealth Advisory Group Inc. acquired a new position in shares of United Parcel Service during the second quarter worth approximately $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 purchasing an additional 115 shares during the period. Saudi Central Bank bought a new stake in United Parcel Service during the 1st quarter valued at $32,000. Flaharty Asset Management LLC bought a new stake in United Parcel Service during the 1st quarter valued at $33,000. Finally, RMG Wealth Management LLC acquired a new position in United Parcel Service during the second quarter worth $34,000. 60.26% of the stock is owned by institutional investors.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $95.01 on Wednesday. The company has a market capitalization of $80.53 billion, a P/E ratio of 14.69, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11. The company’s 50-day moving average is $87.24 and its 200 day moving average is $92.87. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.32 and a current ratio of 1.30. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $138.67.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.43. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The company had revenue of $21.42 billion for the quarter, compared to analysts’ expectations of $20.94 billion. During the same quarter in the previous year, the firm posted $1.76 EPS. United Parcel Service’s revenue was down 3.7% on a year-over-year basis. United Parcel Service has set its Q4 2025 guidance at EPS. On average, equities research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, November 17th will be issued a $1.64 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $6.56 annualized dividend and a dividend yield of 6.9%. United Parcel Service’s dividend payout ratio (DPR) is presently 101.39%.

Analysts Set New Price Targets

Several equities research analysts have recently commented on UPS shares. Weiss Ratings reissued a “sell (d+)” rating on shares of United Parcel Service in a research report on Wednesday, October 8th. Truist Financial lifted their price target on United Parcel Service from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Stifel Nicolaus lowered their price objective on United Parcel Service from $120.00 to $109.00 and set a “buy” rating for the company in a research note on Tuesday, October 28th. Stephens upgraded United Parcel Service to a “hold” rating in a report on Wednesday, October 29th. Finally, Morgan Stanley decreased their price target on United Parcel Service from $80.00 to $75.00 and set an “underweight” rating for the company in a report on Wednesday, July 30th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $110.00.

Insider Activity

In related news, Director Christiana Smith Shi acquired 500 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were bought at an average cost of $88.17 per share, for a total transaction of $44,085.00. Following the completion of the transaction, 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 acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 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.