United Parcel Service (NYSE:UPS) Given New $120.00 Price Target at Truist Financial

United Parcel Service (NYSE:UPS) had its target price raised by stock analysts at Truist Financial from $115.00 to $120.00 in a research report issued on Wednesday, Benzinga reports. The firm presently has a “buy” rating on the transportation company’s stock. Truist Financial‘s price objective would suggest a potential upside of 14.20% from the stock’s previous close.

A number of other research analysts have also recently commented on UPS. Stifel Nicolaus boosted their price objective on United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Barclays raised their target price on United Parcel Service from $80.00 to $95.00 and gave the company an “underweight” rating in a report on Wednesday. The Goldman Sachs Group boosted their price target on United Parcel Service from $128.00 to $132.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Evercore upped their price target on United Parcel Service from $117.00 to $118.00 in a report on Wednesday, July 29th. Finally, Wall Street Zen lowered shares of United Parcel Service from a “buy” rating to a “hold” rating in a research note on Saturday, September 19th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twelve have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $115.88.

United Parcel Service Trading Down 1.0%

Shares of United Parcel Service stock traded down $1.01 during trading hours on Wednesday, hitting $105.08. The company’s stock had a trading volume of 2,511,869 shares, compared to its average volume of 5,607,902. United Parcel Service has a 1-year low of $90.84 and a 1-year high of $122.41. The business has a fifty day moving average of $98.92 and a 200 day moving average of $104.64. The company has a market capitalization of $89.40 billion, a PE ratio of 19.53, a P/E/G ratio of 1.86 and a beta of 1.07. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.58.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, October 27th. The transportation company reported $1.69 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.07. United Parcel Service had a net margin of 5.08% and a return on equity of 37.50%. The business had revenue of $22.90 billion for the quarter, compared to analyst estimates of $22.27 billion. During the same quarter in the previous year, the business posted $1.74 EPS. The business’s quarterly revenue was up 6.9% on a year-over-year basis. As a group, equities analysts forecast that United Parcel Service will post 7.19 EPS for the current year.

Hedge Funds Weigh In On United Parcel Service

Several institutional investors and hedge funds have recently made changes to their positions in the business. Wellington Management Group LLP raised its holdings in United Parcel Service by 262.7% in the second quarter. Wellington Management Group LLP now owns 3,046,707 shares of the transportation company’s stock valued at $327,521,000 after acquiring an additional 2,206,666 shares in the last quarter. Bank of America Corp DE increased its position in shares of United Parcel Service by 23.3% in the 1st quarter. Bank of America Corp DE now owns 9,728,123 shares of the transportation company’s stock worth $957,053,000 after purchasing an additional 1,836,651 shares during the last quarter. Manning & Napier Advisors LLC bought a new stake in shares of United Parcel Service in the 2nd quarter worth about $192,304,000. Cullen Capital Management LLC bought a new stake in shares of United Parcel Service in the 2nd quarter worth about $178,071,000. Finally, First Trust Advisors LP raised its stake in shares of United Parcel Service by 37.4% in the 1st quarter. First Trust Advisors LP now owns 3,631,133 shares of the transportation company’s stock valued at $357,231,000 after purchasing an additional 988,442 shares in the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service News Summary

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

• Positive Sentiment: Quarterly results exceeded expectations. UPS reported adjusted earnings of $1.69 per share and revenue of $22.9 billion, beating consensus estimates of $1.62 and $22.27 billion, respectively. Revenue increased 6.9% year over year. UPS beats quarterly expectations, raises full-year guidance again
• Positive Sentiment: UPS raised its 2026 outlook for a second consecutive quarter. The company now expects approximately $92.6 billion in revenue and $8.75 billion in adjusted operating profit, with adjusted EPS guidance of $7.28 versus the prior $7.22 forecast. Higher-margin international shipments, pricing, premium customers and network efficiencies supported the increase. UPS expects $92.6B 2026 revenue as it raises operating profit outlook
• Positive Sentiment: Management expects stronger holiday profitability despite slightly lower delivery volumes, while forwarding and logistics revenue grew 17%. UPS also highlighted a potential $15 billion data-center logistics opportunity and a 53.8% increase in free cash flow. UPS Q3 Earnings Call Highlights Margin Gains and Raised Outlook
• Neutral Sentiment: Analysts raised their price targets, including Oppenheimer to $119, Bank of America to $114 and Wells Fargo to $112. However, the firms maintained “outperform,” “neutral” and “equal weight” ratings, respectively, indicating limited consensus on the stock’s near-term upside.
• Negative Sentiment: Barclays raised its target to $95 but retained an “underweight” rating, implying downside from recent levels. Investors also remain concerned about declining domestic package volumes, UPS’s reduced Amazon shipments and reported goodwill and asset-impairment charges. Barclays raises UPS price target but keeps underweight rating

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.