Ferguson Wellman Capital Management Inc. Has $12.10 Million Holdings in United Parcel Service, Inc. $UPS

Ferguson Wellman Capital Management Inc. lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 10.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 112,529 shares of the transportation company’s stock after acquiring an additional 10,417 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in United Parcel Service were worth $12,097,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC boosted its holdings 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 worth $1,529,000 after buying an additional 4,723 shares during the period. Sivia Capital Partners LLC bought a new position in United Parcel Service in the 2nd quarter worth $277,000. SVB Wealth LLC bought a new position in United Parcel Service in the 2nd quarter worth $848,000. Treasurer of the State of North Carolina lifted its position in 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 worth $34,609,000 after acquiring an additional 9,124 shares during the last quarter. Finally, Ieq Capital LLC boosted its holdings in United Parcel Service by 154.5% during the second quarter. Ieq Capital LLC now owns 104,819 shares of the transportation company’s stock valued at $10,580,000 after acquiring an additional 63,629 shares during the period. 60.26% of the stock is owned by institutional investors.

United Parcel Service Stock Down 0.3%

NYSE UPS opened at $105.40 on Friday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.18 and a current ratio of 1.18. The firm has a 50-day simple moving average of $108.20 and a 200 day simple moving average of $106.04. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $122.41. The stock has a market cap of $89.67 billion, a PE ratio of 19.59, a PEG ratio of 1.91 and a beta of 1.06.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.11. The firm had revenue of $22.83 billion for the quarter, compared to analyst estimates of $21.86 billion. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.The company’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.55 earnings per share. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. On average, research analysts forecast that United Parcel Service, Inc. will post 7.22 EPS for the current year.

United Parcel Service Dividend Announcement

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 given a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 6.2%. The ex-dividend date is Monday, August 17th. United Parcel Service’s payout ratio is 121.93%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on UPS. Oppenheimer lifted their price objective on United Parcel Service from $115.00 to $117.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Weiss Ratings upgraded United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, August 17th. Citizens Jmp began coverage on United Parcel Service in a report on Wednesday, July 15th. They issued a “market perform” rating on the stock. Susquehanna upped their price target on United Parcel Service from $118.00 to $120.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Finally, BMO Capital Markets increased their price objective on United Parcel Service from $110.00 to $115.00 and gave the company a “market perform” rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $117.41.

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.