United Parcel Service (NYSE:UPS) Price Target Raised to $116.00

United Parcel Service (NYSE:UPS) had its target price lifted by TD Cowen from $115.00 to $116.00 in a research report released on Wednesday morning,Benzinga reports. They currently have a hold rating on the transportation company’s stock.

Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. cut their price target on shares of United Parcel Service from $118.00 to $115.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. Evercore upped their price objective on shares of United Parcel Service from $117.00 to $118.00 in a research note on Wednesday, July 29th. Stephens lowered their price objective on shares of United Parcel Service from $135.00 to $130.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. Wall Street Zen lowered shares of United Parcel Service from a “buy” rating to a “hold” rating in a report on Saturday, September 19th. Finally, Weiss Ratings raised United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $118.45.

United Parcel Service Stock Performance

NYSE:UPS opened at $108.35 on Wednesday. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.18 and a current ratio of 1.24. United Parcel Service has a fifty-two week low of $90.84 and a fifty-two week high of $122.41. The firm has a market cap of $92.18 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 1.93 and a beta of 1.07. The business has a 50 day moving average price of $99.19 and a 200-day moving average price of $104.63.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, October 27th. The transportation company reported $1.69 EPS for the quarter, topping the consensus estimate of $1.62 by $0.07. United Parcel Service had a net margin of 4.84% and a return on equity of 37.78%. The company had revenue of $22.90 billion for the quarter, compared to the consensus estimate of $22.27 billion. During the same period in the previous year, the firm earned $1.74 earnings per share. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. Equities research analysts predict that United Parcel Service will post 7.28 earnings per share for the current year.

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th were paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date was Monday, August 17th. United Parcel Service’s dividend payout ratio (DPR) is presently 126.15%.

Insider Activity at United Parcel Service

In related news, insider Matthew W. Guffey sold 8,318 shares of United Parcel Service stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $105.39, for a total transaction of $876,634.02. Following the sale, the insider directly owned 271 shares in the company, valued at $28,560.69. The trade was a 96.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.19% of the stock is currently owned by insiders.

Hedge Funds Weigh In On United Parcel Service

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Cordgrass Capital Advisors LLC lifted its position in United Parcel Service by 1.5% during the 3rd quarter. Cordgrass Capital Advisors LLC now owns 20,205 shares of the transportation company’s stock valued at $1,888,000 after acquiring an additional 304 shares during the period. Ascent Group LLC boosted its stake in United Parcel Service by 3.6% during the third quarter. Ascent Group LLC now owns 27,184 shares of the transportation company’s stock worth $2,540,000 after acquiring an additional 940 shares in the last quarter. MH & Associates Securities Management Corp ADV purchased a new stake in United Parcel Service in the third quarter worth about $2,317,000. Compass Financial Management LLC grew its holdings in United Parcel Service by 2.1% in the third quarter. Compass Financial Management LLC now owns 6,393 shares of the transportation company’s stock worth $597,000 after purchasing an additional 131 shares during the period. Finally, Rakuten Investment Management Inc. grew its holdings in United Parcel Service by 10.1% in the third quarter. Rakuten Investment Management Inc. now owns 134,320 shares of the transportation company’s stock worth $12,617,000 after purchasing an additional 12,316 shares during the period. Hedge funds and other institutional investors own 60.26% of the company’s stock.

More United Parcel Service News

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

• Positive Sentiment: UPS exceeded quarterly expectations, reporting $22.90 billion in revenue and adjusted earnings of $1.69 per share versus consensus estimates of $22.27 billion and $1.62, respectively. Management cited stronger premium services, international trade lanes, automation, and improved customer mix. 5 revealing analyst questions from United Parcel Service’s Q3 earnings call
• Positive Sentiment: UPS raised its outlook despite declining shipment volume, suggesting that higher revenue per package, productivity improvements, and cost control are more than offsetting weaker demand. The company plans to use automation and radio-frequency tracking for approximately 70% of packages during the holiday season. Why Did United Parcel Service Raise Guidance Despite Falling Volume?
• Positive Sentiment: Several analysts, including Wells Fargo, Truist, Barclays, Citigroup, Oppenheimer, Bank of America, and UBS, issued bullish commentary or increased their price targets. The recommendations reinforce the view that UPS’s earnings recovery and valuation offer additional upside. Wells Fargo expects UPS stock to rise
• Neutral Sentiment: Comparisons with FedEx highlight UPS’s improved earnings momentum, dividend appeal, and valuation, but also emphasize that future returns depend on sustaining margin gains while handling fewer packages. UPS vs. FedEx: Which Stock Is the Better Buy After Strong Q3 Results?
• Negative Sentiment: Insider Matthew W. Guffey sold 8,318 UPS shares for approximately $876,634, reducing his remaining ownership by 96.84%. While one insider sale is not necessarily a fundamental signal, it may modestly weigh on sentiment. SEC insider transaction filing

United Parcel Service Company Profile

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.