1,945 Shares in United Parcel Service, Inc. $UPS Acquired by Soundwatch Capital LLC

Soundwatch Capital LLC bought a new stake in United Parcel Service, Inc. (NYSE:UPS) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,945 shares of the transportation company’s stock, valued at approximately $196,000.

Several other large investors have also modified their holdings of the business. Goldman Sachs Group Inc. lifted its holdings in shares of United Parcel Service by 124.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,011,107 shares of the transportation company’s stock worth $991,132,000 after acquiring an additional 4,988,044 shares during the last quarter. Nuveen LLC acquired a new stake in shares of United Parcel Service in the first quarter valued at $201,358,000. Charles Schwab Investment Management Inc. raised its holdings in shares of United Parcel Service by 7.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 25,045,472 shares of the transportation company’s stock valued at $2,754,751,000 after buying an additional 1,780,807 shares during the period. Assenagon Asset Management S.A. lifted its stake in United Parcel Service by 443.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,549,962 shares of the transportation company’s stock worth $156,453,000 after acquiring an additional 1,264,842 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in United Parcel Service by 582.0% during the 1st quarter. AQR Capital Management LLC now owns 1,180,709 shares of the transportation company’s stock valued at $128,886,000 after acquiring an additional 1,007,585 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on UPS. Wall Street Zen upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Citigroup upped their price target on United Parcel Service from $112.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Bank of America decreased their price objective on United Parcel Service from $83.00 to $81.00 and set an “underperform” rating for the company in a research note on Friday, September 26th. Barclays lowered their price objective on United Parcel Service from $90.00 to $80.00 and set an “underweight” rating for the company in a research report on Thursday, July 31st. Finally, UBS Group raised their target price on shares of United Parcel Service from $110.00 to $113.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $110.00.

United Parcel Service Trading Up 4.0%

UPS opened at $94.54 on Friday. The firm has a market cap of $80.21 billion, a price-to-earnings ratio of 14.61, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $138.67. The business’s 50 day moving average is $88.78 and its two-hundred day moving average is $92.81. 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 (NYSE:UPS) last posted its quarterly earnings data on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.43. The company had revenue of $21.42 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 quarterly revenue was down 3.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. On average, research analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Dividend Announcement

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