United Parcel Service (NYSE:UPS) Trading 1.1% Higher – Still a Buy?

United Parcel Service, Inc. (NYSE:UPS)’s stock price shot up 1.1% during trading on Wednesday . The stock traded as high as $95.80 and last traded at $95.6060. 4,658,595 shares changed hands during trading, a decline of 32% from the average session volume of 6,886,510 shares. The stock had previously closed at $94.54.

Analysts Set New Price Targets

Several brokerages recently weighed in on UPS. UBS Group raised their price target on shares of United Parcel Service from $110.00 to $113.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Stephens raised United Parcel Service to a “hold” rating in a research note on Wednesday, October 29th. BMO Capital Markets restated a “market perform” rating and issued a $96.00 target price (down previously from $125.00) on shares of United Parcel Service in a report on Friday, September 19th. Truist Financial lifted their target price on United Parcel Service from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Finally, Susquehanna boosted their price target on shares of United Parcel Service from $100.00 to $105.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. One equities 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 assigned a Sell rating to the company. According to MarketBeat, United Parcel Service presently has a consensus rating of “Hold” and a consensus price target of $110.00.

United Parcel Service Stock Up 1.1%

The stock’s 50 day moving average is $89.16 and its 200 day moving average is $92.77. The company has a market capitalization of $81.11 billion, a PE ratio of 14.78, a PEG ratio of 2.29 and a beta of 1.11. 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 (NYSE:UPS) last issued its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, beating 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 business 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. The business’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. On average, sell-side analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, November 17th will be issued a dividend of $1.64 per share. 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 6.9%. United Parcel Service’s dividend payout ratio is 101.39%.

Institutional Investors Weigh In On United Parcel Service

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

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.