Handelsbanken Fonder AB Sells 46,682 Shares of United Parcel Service, Inc. $UPS

Handelsbanken Fonder AB lowered its position in United Parcel Service, Inc. (NYSE:UPS) by 12.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 325,789 shares of the transportation company’s stock after selling 46,682 shares during the period. Handelsbanken Fonder AB’s holdings in United Parcel Service were worth $35,022,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of UPS. University of Texas Texas AM Investment Management Co. purchased a new stake in shares of United Parcel Service during the 4th quarter valued at $25,000. IFC & Insurance Marketing Inc. acquired a new stake in United Parcel Service in the fourth quarter worth about $25,000. Coston McIsaac & Partners boosted its holdings in United Parcel Service by 77.8% in the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after acquiring an additional 119 shares in the last quarter. Torren Management LLC purchased a new stake in shares of United Parcel Service during the fourth quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of United Parcel Service during the fourth quarter valued at about $29,000. Institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Performance

Shares of NYSE:UPS opened at $104.29 on Wednesday. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.18 and a quick ratio of 1.18. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $122.41. The firm has a market capitalization of $88.65 billion, a PE ratio of 19.38, a P/E/G ratio of 1.89 and a beta of 1.06. The business’s 50 day moving average price is $109.15 and its 200-day moving average price is $106.58.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, July 28th. The transportation company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.65 by $0.11. The firm had revenue of $22.83 billion during the quarter, compared to the consensus estimate of $21.86 billion. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.The firm’s revenue was up 7.6% compared to the same quarter last year. During the same period in the prior year, the company earned $1.55 EPS. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. As a group, equities research analysts expect that United Parcel Service, Inc. will post 7.22 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th will be paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 6.3%. The ex-dividend date of this dividend is Monday, August 17th. United Parcel Service’s dividend payout ratio (DPR) is 121.93%.

Analyst Ratings Changes

A number of analysts recently commented on UPS shares. Sanford C. Bernstein lifted their target price on shares of United Parcel Service from $130.00 to $133.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 21st. BMO Capital Markets upped their price target on shares of United Parcel Service from $110.00 to $115.00 and gave the company a “market perform” rating in a research note on Wednesday, July 29th. Susquehanna raised their price target on shares of United Parcel Service from $118.00 to $120.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Evercore dropped their price objective on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a report on Wednesday, April 22nd. Finally, UBS Group upped their target price on United Parcel Service from $123.00 to $124.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $117.41.

United Parcel Service Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.