United Parcel Service, Inc. $UPS Shares Sold by Manchester Capital Management LLC

Manchester Capital Management LLC lessened its stake in United Parcel Service, Inc. (NYSE:UPS) by 22.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 381,483 shares of the transportation company’s stock after selling 113,137 shares during the period. United Parcel Service comprises approximately 5.1% of Manchester Capital Management LLC’s investment portfolio, making the stock its 3rd largest holding. Manchester Capital Management LLC’s holdings in United Parcel Service were worth $38,507,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in UPS. Cornerstone Wealth Group LLC grew its position in United Parcel Service by 3.9% during the second quarter. Cornerstone Wealth Group LLC now owns 2,557 shares of the transportation company’s stock valued at $258,000 after buying an additional 97 shares during the period. Bangor Savings Bank grew its position in shares of United Parcel Service by 1.9% during the 2nd quarter. Bangor Savings Bank now owns 5,413 shares of the transportation company’s stock valued at $546,000 after acquiring an additional 101 shares during the period. First Dallas Securities Inc. increased its stake in shares of United Parcel Service by 0.9% in the 1st quarter. First Dallas Securities Inc. now owns 11,421 shares of the transportation company’s stock valued at $1,256,000 after purchasing an additional 102 shares in the last quarter. Fortis Capital Advisors LLC raised its holdings in United Parcel Service by 3.4% in the 1st quarter. Fortis Capital Advisors LLC now owns 3,185 shares of the transportation company’s stock worth $350,000 after purchasing an additional 104 shares during the period. Finally, Wright Investors Service Inc. boosted its position in United Parcel Service by 1.3% during the second quarter. Wright Investors Service Inc. now owns 7,861 shares of the transportation company’s stock worth $793,000 after purchasing an additional 104 shares in the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on UPS shares. Evercore ISI dropped their price target on shares of United Parcel Service from $103.00 to $97.00 and set an “in-line” rating on the stock in a research note on Wednesday, July 30th. Barclays cut their target price on shares of United Parcel Service from $90.00 to $80.00 and set an “underweight” rating for the company in a research note on Thursday, July 31st. Morgan Stanley decreased their price target on shares of United Parcel Service from $80.00 to $75.00 and set an “underweight” rating on the stock in a research note on Wednesday, July 30th. Weiss Ratings reiterated a “sell (d+)” rating on shares of United Parcel Service in a research note on Wednesday, October 8th. Finally, Wall Street Zen upgraded United Parcel Service from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $110.00.

United Parcel Service Trading Down 1.0%

Shares of UPS opened at $93.74 on Tuesday. The firm has a 50-day moving average price of $88.98 and a 200 day moving average price of $92.78. The firm has a market capitalization of $79.53 billion, a P/E ratio of 14.49, a P/E/G ratio of 2.29 and a beta of 1.11. 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, Inc. has a 12-month low of $82.00 and a 12-month high of $138.67.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping 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 return on equity of 40.07% and a net margin of 6.15%.The firm’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same quarter last year, the firm earned $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, November 17th will be given a $1.64 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $6.56 dividend on an annualized basis and a yield of 7.0%. United Parcel Service’s payout ratio is presently 101.39%.

United Parcel Service Company 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.