United Parcel Service, Inc. $UPS Shares Bought by Cetera Investment Advisers

Cetera Investment Advisers lifted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 8.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 379,467 shares of the transportation company’s stock after acquiring an additional 30,095 shares during the period. Cetera Investment Advisers’ holdings in United Parcel Service were worth $38,303,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the business. Andra AP fonden lifted its holdings in United Parcel Service by 95.9% in the second quarter. Andra AP fonden now owns 332,983 shares of the transportation company’s stock worth $33,611,000 after acquiring an additional 163,000 shares during the last quarter. Equity Investment Corp raised its position in shares of United Parcel Service by 16.8% during the 2nd quarter. Equity Investment Corp now owns 1,130,550 shares of the transportation company’s stock worth $114,118,000 after purchasing an additional 162,364 shares during the period. Founders Capital Management LLC lifted its holdings in shares of United Parcel Service by 8.3% in the 2nd quarter. Founders Capital Management LLC now owns 111,405 shares of the transportation company’s stock worth $11,245,000 after purchasing an additional 8,579 shares during the last quarter. AE Wealth Management LLC boosted its position in United Parcel Service by 10.9% during the 2nd quarter. AE Wealth Management LLC now owns 49,712 shares of the transportation company’s stock valued at $5,018,000 after purchasing an additional 4,885 shares during the period. Finally, Gallacher Capital Management LLC bought a new position in United Parcel Service during the 1st quarter worth $620,000. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on UPS. Deutsche Bank Aktiengesellschaft dropped their target price on 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. Vertical Research reaffirmed a “hold” rating and issued a $103.00 price objective on shares of United Parcel Service in a report on Wednesday, July 30th. Truist Financial boosted their target price on shares of United Parcel Service from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. JPMorgan Chase & Co. upped 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. Finally, Wells Fargo & Company lifted their price target on United Parcel Service from $91.00 to $96.00 and gave the company an “equal weight” rating in a report on Wednesday, October 29th. 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $110.00.

Insider Buying and Selling at United Parcel Service

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

United Parcel Service Stock Up 0.0%

United Parcel Service stock opened at $96.01 on Monday. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $138.67. The stock has a market cap of $81.37 billion, a price-to-earnings ratio of 14.84, a PEG ratio of 2.29 and a beta of 1.11. The company’s 50-day moving average price is $87.91 and its two-hundred day moving average price is $92.87. 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 posted 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. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The business had revenue of $21.42 billion during the quarter, compared to analysts’ expectations of $20.94 billion. During the same period last year, the firm posted $1.76 earnings per share. The business’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, analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal 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. This represents a $6.56 dividend on an annualized basis and a 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%.

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.