KMG Fiduciary Partners LLC increased its stake in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 27.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 46,416 shares of the transportation company’s stock after purchasing an additional 10,080 shares during the period. KMG Fiduciary Partners LLC’s holdings in United Parcel Service were worth $4,990,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Brighton Jones LLC raised its position in shares of United Parcel Service by 63.8% during the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock valued at $1,529,000 after buying an additional 4,723 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in United Parcel Service during the second quarter worth about $277,000. SVB Wealth LLC purchased a new position in shares of United Parcel Service in the 2nd quarter worth about $848,000. Treasurer of the State of North Carolina increased its position in shares of United Parcel Service by 2.7% during the 2nd quarter. Treasurer of the State of North Carolina now owns 342,866 shares of the transportation company’s stock valued at $34,609,000 after purchasing an additional 9,124 shares during the last quarter. Finally, Ieq Capital LLC increased its position in shares of United Parcel Service by 154.5% during the 2nd quarter. Ieq Capital LLC now owns 104,819 shares of the transportation company’s stock valued at $10,580,000 after purchasing an additional 63,629 shares during the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of analysts recently weighed in on the company. Stifel Nicolaus boosted their target price on United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Oppenheimer increased their price target on shares of United Parcel Service from $115.00 to $117.00 and gave the company an “outperform” rating in a research report on Wednesday, July 29th. Citizens Jmp initiated coverage on shares of United Parcel Service in a report on Wednesday, July 15th. They issued a “market perform” rating for the company. Wall Street Zen raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Evercore cut their price target on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating for the company in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $117.41.
United Parcel Service Stock Performance
United Parcel Service stock opened at $104.64 on Tuesday. 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 firm has a market cap of $88.95 billion, a P/E ratio of 19.45, a P/E/G ratio of 1.89 and a beta of 1.06. United Parcel Service, Inc. has a 1-year low of $82.00 and a 1-year high of $122.41. The firm has a 50-day moving average of $109.24 and a 200-day moving average of $106.61.
United Parcel Service (NYSE:UPS – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.11. The company had revenue of $22.83 billion for the quarter, compared to the consensus estimate of $21.86 billion. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.United Parcel Service’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.55 EPS. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. Sell-side analysts expect that United Parcel Service, Inc. will post 7.22 EPS for the current year.
United Parcel Service Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th will be paid a dividend of $1.64 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $6.56 annualized dividend and a dividend yield of 6.3%. United Parcel Service’s payout ratio is 121.93%.
United Parcel Service Company 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.
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