Cullinan Associates Inc. Sells 47,862 Shares of United Parcel Service, Inc. $UPS

Cullinan Associates Inc. trimmed its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 51.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 44,927 shares of the transportation company’s stock after selling 47,862 shares during the quarter. Cullinan Associates Inc.’s holdings in United Parcel Service were worth $4,830,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of UPS. University of Texas Texas AM Investment Management Co. bought a new position in shares of United Parcel Service during the 4th quarter worth approximately $25,000. IFC & Insurance Marketing Inc. acquired a new stake in United Parcel Service in the fourth quarter valued at approximately $25,000. Coston McIsaac & Partners grew 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 purchasing an additional 119 shares during the last quarter. Torren Management LLC purchased a new position in United Parcel Service in the fourth quarter worth $29,000. Finally, Kemnay Advisory Services Inc. purchased a new position in United Parcel Service in the fourth quarter worth $29,000. 60.26% of the stock is currently owned by institutional investors.

United Parcel Service Price Performance

NYSE:UPS opened at $105.40 on Friday. The firm’s fifty day moving average is $108.20 and its two-hundred day moving average is $106.04. The firm has a market cap of $89.67 billion, a price-to-earnings ratio of 19.59, a PEG ratio of 1.90 and a beta of 1.06. 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 one year low of $82.00 and a one year high of $122.41.

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

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Monday, August 17th will be given a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.2%. The ex-dividend date is Monday, August 17th. United Parcel Service’s dividend payout ratio (DPR) is currently 121.93%.

Wall Street Analyst Weigh In

Several analysts have recently commented on UPS shares. Susquehanna increased their price objective on United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Stephens dropped their target price on United Parcel Service from $135.00 to $130.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. BMO Capital Markets increased their price target on 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. Weiss Ratings raised United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, August 17th. Finally, Citigroup boosted their price target on United Parcel Service from $127.00 to $132.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, United Parcel Service has a consensus rating of “Hold” and a consensus target price of $117.41.

United Parcel Service Company 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.