United Parcel Service (NYSE:UPS) Shares Climb 1% – Time to Buy?

United Parcel Service, Inc. (NYSE:UPS) was up 1% on Tuesday. The stock traded as high as $99.78 and last traded at $98.4510. 3,629,784 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 5,607,721 shares. The stock had previously closed at $97.46.

Analyst Ratings Changes

A number of brokerages recently issued reports on UPS. Citigroup dropped their price objective on United Parcel Service from $132.00 to $122.00 and set a “buy” rating on the stock in a report on Wednesday, October 7th. The Goldman Sachs Group raised their price objective on shares of United Parcel Service from $128.00 to $132.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Citizens Jmp assumed coverage on shares of United Parcel Service in a research note on Wednesday, July 15th. They set a “market perform” rating for the company. UBS Group raised their price target on United Parcel Service from $123.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Finally, Oppenheimer lifted their price objective on shares of United Parcel Service from $115.00 to $117.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $115.87.

United Parcel Service Stock Performance

The company has a market cap of $83.76 billion, a PE ratio of 18.30, a P/E/G ratio of 1.80 and a beta of 1.07. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.58. The business has a fifty day moving average of $99.23 and a 200-day moving average of $103.60.

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, topping the consensus estimate of $1.65 by $0.11. The business had revenue of $22.83 billion during the quarter, compared to analysts’ expectations of $21.86 billion. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%. The business’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. Equities research analysts anticipate that United Parcel Service, Inc. will post 7.19 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th were given a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a yield of 6.7%. The ex-dividend date of this dividend was Monday, August 17th. United Parcel Service’s payout ratio is presently 121.93%.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Onyx Bridge Wealth Group LLC grew its stake in shares of United Parcel Service by 7.6% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 7,742 shares of the transportation company’s stock valued at $723,000 after acquiring an additional 550 shares during the period. V Square Quantitative Management LLC raised its stake in United Parcel Service by 2.8% during the 3rd quarter. V Square Quantitative Management LLC now owns 24,653 shares of the transportation company’s stock worth $2,304,000 after acquiring an additional 677 shares during the period. Comprehensive Financial Consultants Institutional Inc. raised its stake in United Parcel Service by 3.0% during the 3rd quarter. Comprehensive Financial Consultants Institutional Inc. now owns 11,778 shares of the transportation company’s stock worth $1,101,000 after acquiring an additional 338 shares during the period. Wealth Enhancement Trust Services Inc. lifted its holdings in United Parcel Service by 802.1% during the third quarter. Wealth Enhancement Trust Services Inc. now owns 7,857 shares of the transportation company’s stock valued at $734,000 after purchasing an additional 6,986 shares in the last quarter. Finally, Bangor Savings Bank lifted its holdings in United Parcel Service by 2.7% during the third quarter. Bangor Savings Bank now owns 4,492 shares of the transportation company’s stock valued at $420,000 after purchasing an additional 116 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors.

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.