United Parcel Service (NYSE:UPS) Given New $119.00 Price Target at Oppenheimer

United Parcel Service (NYSE:UPS) had its price objective lifted by equities research analysts at Oppenheimer from $117.00 to $119.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has an “outperform” rating on the transportation company’s stock. Oppenheimer‘s target price indicates a potential upside of 11.81% from the stock’s current price.

UPS has been the subject of several other research reports. Sanford C. Bernstein lowered their price objective on shares of United Parcel Service from $131.00 to $127.00 and set an “outperform” rating for the company in a research report on Wednesday, October 21st. Bank of America upped their target price on shares of United Parcel Service from $108.00 to $114.00 and gave the stock a “neutral” rating in a research note on Wednesday. UBS Group increased their target price on United Parcel Service from $123.00 to $124.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. JPMorgan Chase & Co. dropped their price target on United Parcel Service from $118.00 to $115.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. Finally, Stephens cut their price target on United Parcel Service from $135.00 to $130.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, United Parcel Service has an average rating of “Hold” and a consensus target price of $116.43.

United Parcel Service Stock Up 6.1%

NYSE UPS opened at $106.43 on Wednesday. United Parcel Service has a one year low of $90.84 and a one year high of $122.41. The stock’s 50-day moving average is $98.92 and its 200-day moving average is $104.64.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Tuesday, October 27th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.07. The business had revenue of $22.90 billion during the quarter, compared to analyst estimates of $22.27 billion. During the same quarter in the prior year, the firm posted $1.74 earnings per share. United Parcel Service’s revenue for the quarter was up 6.9% compared to the same quarter last year. On average, equities research analysts forecast that United Parcel Service will post 7.19 EPS for the current year.

Institutional Investors Weigh In On United Parcel Service

A number of institutional investors and hedge funds have recently modified their holdings of the company. Legacy Wealth Managment LLC ID raised its stake in United Parcel Service by 48.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 101 shares during the period. Markowski Investments bought a new position in United Parcel Service in the 2nd quarter valued at about $30,000. Allied Private Wealth LLC acquired a new stake in United Parcel Service during the second quarter worth approximately $34,000. Grove Bank & Trust lifted its position in United Parcel Service by 49.8% during the second quarter. Grove Bank & Trust now owns 379 shares of the transportation company’s stock worth $41,000 after acquiring an additional 126 shares during the last quarter. Finally, Community Financial Services Group LLC boosted its holdings in shares of United Parcel Service by 170.1% during the second quarter. Community Financial Services Group LLC now owns 370 shares of the transportation company’s stock worth $41,000 after acquiring an additional 233 shares during the period. 60.26% of the stock is owned by institutional investors.

United Parcel Service News Roundup

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

• Positive Sentiment: UPS reported third-quarter adjusted earnings of $1.69 per share, ahead of the approximately $1.62–$1.63 consensus, while revenue rose 6.9% year over year to $22.9 billion, above expectations. UPS beats quarterly expectations, raises full-year guidance again
• Positive Sentiment: Management raised its 2026 outlook, including an adjusted earnings forecast of roughly $7.28 per share and projected revenue of about $92.6 billion. The company also increased its operating-profit outlook to approximately $8.75 billion. UPS Raises Outlook as Revenue Climbs
• Positive Sentiment: Higher-margin international air shipments, improved pricing and stronger forwarding and logistics demand helped profitability. UPS said forwarding and logistics grew 17%, supported by health-care shipments and data-center construction, an opportunity management estimates at $15 billion. UPS raises annual forecasts as higher-paying shipments boost margin
• Positive Sentiment: CEO Carol Tomé expects stronger holiday profitability despite slightly lower delivery volumes, reflecting UPS’s continued reduction of lower-margin Amazon shipments. Management also cited solid holiday demand and plans a 5.9% rate increase in December. UPS Stock On Track For Best Week Since May
• Neutral Sentiment: The stock moved back above its 200-day moving average, improving technical momentum, although it remains below its 52-week high and analysts continue to monitor long-term valuation and cash-flow growth. UPS Stock Price Breaks Above 200-Day Moving Average
• Negative Sentiment: Reported diluted EPS was $1.37, below the prior-year figure, and UPS recorded goodwill and asset-impairment charges. Lower volumes and ongoing margin pressure remain risks if the shift toward premium shipments does not continue.

About United Parcel Service

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.