Ashton Thomas Private Wealth LLC Lowers Stake in United Parcel Service, Inc. $UPS

Ashton Thomas Private Wealth LLC reduced its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 15.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 18,620 shares of the transportation company’s stock after selling 3,336 shares during the quarter. Ashton Thomas Private Wealth LLC’s holdings in United Parcel Service were worth $1,880,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Signature Wealth Management Group raised its holdings in shares of United Parcel Service by 1.8% during the second quarter. Signature Wealth Management Group now owns 28,500 shares of the transportation company’s stock valued at $2,877,000 after purchasing an additional 514 shares during the last quarter. Nisa Investment Advisors LLC raised its holdings in shares of United Parcel Service by 5.7% during the second quarter. Nisa Investment Advisors LLC now owns 168,392 shares of the transportation company’s stock valued at $16,997,000 after purchasing an additional 9,036 shares during the last quarter. Wealthfront Advisers LLC raised its holdings in shares of United Parcel Service by 72.1% during the second quarter. Wealthfront Advisers LLC now owns 83,202 shares of the transportation company’s stock valued at $8,398,000 after purchasing an additional 34,851 shares during the last quarter. New Hampshire Trust raised its holdings in shares of United Parcel Service by 28.5% during the second quarter. New Hampshire Trust now owns 2,790 shares of the transportation company’s stock valued at $282,000 after purchasing an additional 618 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. raised its holdings in shares of United Parcel Service by 28.1% during the second quarter. Oppenheimer Asset Management Inc. now owns 275,177 shares of the transportation company’s stock valued at $27,776,000 after purchasing an additional 60,370 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors.

Insider Transactions at United Parcel Service

In related news, Director Christiana Smith Shi bought 500 shares of the stock in a transaction dated Friday, August 22nd. The shares were purchased at an average price of $88.17 per share, with a total value of $44,085.00. Following the completion of the acquisition, the director owned 500 shares of the company’s stock, valued at $44,085. This represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Carol B. Tome bought 11,682 shares of the stock in a transaction dated Friday, August 1st. The stock was bought at an average cost of $85.67 per share, for a total transaction of $1,000,796.94. Following the acquisition, the chief executive officer directly owned 24,718 shares of the company’s stock, valued at approximately $2,117,591.06. This represents a 89.61% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have purchased 17,182 shares of company stock valued at $1,477,382. 0.13% of the stock is currently owned by corporate insiders.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $96.52 on Wednesday. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.32 and a quick ratio of 1.32. United Parcel Service, Inc. has a 1-year low of $82.00 and a 1-year high of $138.67. The company has a market capitalization of $81.80 billion, a P/E ratio of 14.36, a P/E/G ratio of 1.65 and a beta of 1.10. The firm’s 50 day simple moving average is $85.75 and its two-hundred day simple moving average is $93.06.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.43. United Parcel Service had a net margin of 6.34% and a return on equity of 39.61%. The business had revenue of $21.40 billion for the quarter, compared to the consensus estimate of $20.94 billion. During the same quarter in the previous year, the firm earned $1.76 earnings per share. The company’s revenue for the quarter was down 3.7% on a year-over-year basis. United Parcel Service has set its Q4 2025 guidance at EPS. Research analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 18th were issued a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend was Monday, August 18th. United Parcel Service’s payout ratio is 97.62%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Bank of America decreased their price objective on shares of United Parcel Service from $83.00 to $81.00 and set an “underperform” rating for the company in a report on Friday, September 26th. BNP Paribas upgraded shares of United Parcel Service to a “hold” rating in a research report on Thursday, July 3rd. Evercore ISI cut their target price on shares of United Parcel Service from $103.00 to $97.00 and set an “in-line” rating for the company in a research report on Wednesday, July 30th. Truist Financial cut their target price on shares of United Parcel Service from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Wednesday, July 30th. Finally, Oppenheimer cut their target price on shares of United Parcel Service from $114.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, July 30th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fifteen have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, United Parcel Service presently has an average rating of “Hold” and a consensus price target of $108.97.

About United Parcel Service

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.