Manning & Napier Advisors LLC Invests $192.30 Million in United Parcel Service, Inc. $UPS

Manning & Napier Advisors LLC purchased a new stake in United Parcel Service, Inc. (NYSE:UPS) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,780,430 shares of the transportation company’s stock, valued at approximately $192,304,000. United Parcel Service makes up 2.5% of Manning & Napier Advisors LLC’s holdings, making the stock its 10th largest position.

Several other institutional investors have also made changes to their positions in the stock. Cullen Capital Management LLC acquired a new position in United Parcel Service in the 2nd quarter valued at $178,071,000. Ally Financial Inc. acquired a new stake in shares of United Parcel Service during the 2nd quarter worth $6,450,000. Portland Investment Counsel Inc. acquired a new stake in shares of United Parcel Service during the 2nd quarter worth $978,000. Capital Square LLC bought a new position in shares of United Parcel Service in the second quarter worth $3,473,000. Finally, Pinnacle Holdings LLC bought a new position in shares of United Parcel Service in the second quarter worth $166,000. 60.26% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

UPS has been the subject of a number of analyst reports. Oppenheimer boosted their price target on United Parcel Service from $115.00 to $117.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. BMO Capital Markets increased their price objective on shares of United Parcel Service from $110.00 to $115.00 and gave the stock a “market perform” rating in a research note on Wednesday, July 29th. Sanford C. Bernstein raised their target price on shares of United Parcel Service from $130.00 to $133.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. Wall Street Zen upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Citigroup upped their price target on shares of United Parcel Service from $127.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, United Parcel Service presently has an average rating of “Hold” and an average price target of $117.41.

United Parcel Service Trading Up 0.7%

Shares of UPS opened at $102.73 on Tuesday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.18 and a current ratio of 1.18. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41. The firm has a market cap of $87.40 billion, a price-to-earnings ratio of 19.09, a PEG ratio of 1.84 and a beta of 1.06. The business’s fifty day moving average is $108.28 and its 200-day moving average is $106.28.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, July 28th. The transportation company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.11. The business 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%.United Parcel Service’s revenue for the quarter was up 7.6% on a year-over-year basis. 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. Equities analysts anticipate that United Parcel Service, Inc. will post 7.22 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th will be issued a $1.64 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.4%. United Parcel Service’s dividend payout ratio is 121.93%.

More United Parcel Service News

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: UPS disclosed that it is investing more than $2 billion from 2024 through 2028 across its International, Healthcare and Supply Chain Solutions businesses. The spending is intended to improve delivery speed, customer control and supply-chain resilience amid changing trade routes and regulations. UPS is investing $2 billion in international, healthcare and supply chain businesses
• Positive Sentiment: Projects include new logistics hubs in the Philippines, Canada and Hong Kong, expanded international air connections, freight infrastructure and additional healthcare logistics capacity. These investments could strengthen UPS’s position in faster-growing cross-border and specialized-shipping markets. UPS Is Investing Over $2 Billion Across Operations
• Positive Sentiment: The healthcare strategy includes cold-chain capabilities, supporting pharmaceuticals and weight-loss medicines. Investors may view this as an opportunity to capture higher-value, specialized shipments rather than relying solely on traditional package volume. UPS investing $2 billion in international and healthcare logistics
• Positive Sentiment: The announcement reinforces UPS’s network-optimization strategy and signals progress toward improving its business mix, international reach and operational efficiency.
• Neutral Sentiment: UPS eliminated approximately 2 million lower-quality Amazon packages per day. Reducing less-profitable volume may improve margins and capacity, but the lost shipments could also weigh on revenue and leave UPS more dependent on replacing volume with higher-value business. UPS Stopped Carrying 2 Million Amazon Packages a Day
• Negative Sentiment: The multiyear investment program requires substantial capital before its revenue and profit benefits are fully realized, creating execution and return-on-investment risks.
• Negative Sentiment: Analyst commentary warns that UPS’s dividend could remain frozen through 2027. The company’s high yield and concerns about payout growth continue to signal investor uncertainty about cash flow and the pace of recovery. Prediction: UPS Dividend Remains Frozen Through 2027

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.