United Parcel Service, Inc. $UPS Stake Lessened by RNC Capital Management LLC

RNC Capital Management LLC lowered its holdings in United Parcel Service, Inc. (NYSE:UPS) by 14.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 379,168 shares of the transportation company’s stock after selling 65,083 shares during the period. RNC Capital Management LLC’s holdings in United Parcel Service were worth $37,610,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Shrier Wealth Management LLC purchased a new position in shares of United Parcel Service during the 4th quarter valued at about $1,099,000. Victory Capital Management Inc. increased its holdings in United Parcel Service by 10.5% in the 3rd quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company’s stock valued at $667,109,000 after acquiring an additional 761,217 shares during the last quarter. Jaffetilchin Investment Partners LLC increased its stake in United Parcel Service by 192.7% in the 4th quarter. Jaffetilchin Investment Partners LLC now owns 19,734 shares of the transportation company’s stock worth $1,957,000 after acquiring an additional 12,993 shares during the last quarter. Integrity Advisory Solutions LLC bought a new stake in United Parcel Service in the 3rd quarter worth approximately $6,868,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. increased its holdings in shares of United Parcel Service by 5.1% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,470,790 shares of the transportation company’s stock worth $122,855,000 after buying an additional 71,764 shares during the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Oppenheimer boosted their target price on United Parcel Service from $107.00 to $115.00 and gave the company an “outperform” rating in a research report on Wednesday, January 28th. TD Cowen raised their target price on shares of United Parcel Service from $101.00 to $115.00 and gave the stock a “hold” rating in a research report on Wednesday, January 28th. HSBC raised United Parcel Service from a “hold” rating to a “buy” rating in a research report on Wednesday, January 28th. BNP Paribas Exane downgraded United Parcel Service from a “neutral” rating to an “underperform” rating and set a $85.00 price objective on the stock. in a research report on Tuesday, January 13th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of United Parcel Service from $88.00 to $106.00 and gave the company a “hold” rating in a research note on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $112.08.

United Parcel Service News Roundup

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

• Positive Sentiment: Dividend floor could limit downside — commentators argue selling dividend names like UPS may be premature because its yield and value multiples attract income funds that could stabilize the share price. Why selling these 3 dividend stocks could be a mistake
• Neutral Sentiment: Macro/geopolitical headwinds — a resurgence of conflict in the Middle East rattled markets and contributed to a risk-off tone that exacerbated declines in cyclical and transportation names. Review & Preview: War Redux
• Neutral Sentiment: Sector weakness — consumer and transportation-related stocks fell in late trading as investors rotated out of cyclicals, adding to pressure on UPS alongside company-specific news. Sector Update: Consumer Stocks Fall Late Afternoon
• Negative Sentiment: Direct competitive threat from Amazon — Amazon’s rollout of ASCS opens its global logistics network to third parties, creating a pricing and scale threat that directly targets UPS’s core parcel and fulfillment business. Market reaction was immediate and severe. UPS, FedEx stocks sink after Amazon expands logistics network to other businesses
• Negative Sentiment: Structural disadvantage for incumbents — analysis warns Amazon’s non-unionized, highly automated network and scale-driven cost advantages could pressure UPS margins long term, forcing a re‑rating of legacy carriers’ earnings power. Amazon Weaponizes Logistics, Triggering Sector-Wide Selloff

United Parcel Service Trading Down 10.5%

NYSE:UPS opened at $96.28 on Tuesday. The company has a current ratio of 1.21, a quick ratio of 1.22 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $122.41. The company has a market capitalization of $81.75 billion, a P/E ratio of 15.58, a PEG ratio of 1.71 and a beta of 1.06. The firm has a fifty day simple moving average of $103.46 and a 200-day simple moving average of $101.92.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The firm had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter in the previous year, the company posted $1.49 earnings per share. The company’s revenue was down 1.4% compared to the same quarter last year. On average, equities research analysts anticipate that United Parcel Service, Inc. will post 7.1 earnings per share for the current year.

United Parcel Service Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.