Northwest & Ethical Investments L.P. Grows Position in United Parcel Service, Inc. $UPS

Northwest & Ethical Investments L.P. raised its holdings in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) by 63.7% during the second quarter, according to its most recent filing with the SEC. The firm owned 43,892 shares of the transportation company’s stock after purchasing an additional 17,084 shares during the period. Northwest & Ethical Investments L.P.’s holdings in United Parcel Service were worth $4,430,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Evelyn Partners Investment Management Europe Ltd raised its stake in United Parcel Service by 110.1% in the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company’s stock worth $25,000 after buying an additional 131 shares in the last quarter. Mid American Wealth Advisory Group Inc. bought a new stake in United Parcel Service during the 2nd quarter valued at $26,000. Hemington Wealth Management increased its holdings in shares of 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 acquiring an additional 115 shares during the period. Saudi Central Bank bought a new position in shares of United Parcel Service in the 1st quarter worth $32,000. Finally, Flaharty Asset Management LLC purchased a new stake in shares of United Parcel Service during the 1st quarter worth $33,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on UPS. BMO Capital Markets reiterated a “market perform” rating and issued a $96.00 target price (down previously from $125.00) on shares of United Parcel Service in a research note on Friday, September 19th. Weiss Ratings restated a “sell (d+)” rating on shares of United Parcel Service in a report on Wednesday, October 8th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of United Parcel Service from $100.00 to $88.00 and set a “hold” rating for the company in a research report on Thursday, October 2nd. Wells Fargo & Company lifted their price target on shares of United Parcel Service from $91.00 to $96.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. Finally, Stephens upgraded United Parcel Service to a “hold” rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $110.00.

Get Our Latest Research Report on UPS

United Parcel Service Trading Up 1.1%

NYSE UPS opened at $95.61 on Thursday. United Parcel Service, Inc. has a 12-month low of $82.00 and a 12-month high of $137.10. The company has a fifty day simple moving average of $89.39 and a two-hundred day simple moving average of $92.79. The company has a current ratio of 1.30, a quick ratio of 1.32 and a debt-to-equity ratio of 1.50. The stock has a market cap of $81.11 billion, a P/E ratio of 14.78, a P/E/G ratio of 2.29 and a beta of 1.11.

United Parcel Service (NYSE:UPSGet Free Report) last released its earnings results 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. The firm had revenue of $21.42 billion for the quarter, compared to the consensus estimate 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 revenue was down 3.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.76 EPS. United Parcel Service has set its Q4 2025 guidance at EPS. On average, analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

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

United Parcel Service Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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