Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 7.6% during the second quarter, Holdings Channel reports. The institutional investor owned 179,951 shares of the transportation company’s stock after acquiring an additional 12,696 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in United Parcel Service were worth $18,164,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Empower Advisory Group LLC lifted its holdings in shares of United Parcel Service by 18.8% during the 2nd quarter. Empower Advisory Group LLC now owns 1,154,579 shares of the transportation company’s stock worth $116,543,000 after acquiring an additional 182,598 shares during the period. Foundations Investment Advisors LLC raised its position in United Parcel Service by 14.3% in the second quarter. Foundations Investment Advisors LLC now owns 19,427 shares of the transportation company’s stock worth $1,961,000 after purchasing an additional 2,426 shares in the last quarter. Donoghue Forlines LLC lifted its stake in United Parcel Service by 15.4% during the second quarter. Donoghue Forlines LLC now owns 14,563 shares of the transportation company’s stock worth $1,470,000 after purchasing an additional 1,940 shares during the period. Intrua Financial LLC lifted its stake in United Parcel Service by 13.2% during the second quarter. Intrua Financial LLC now owns 11,829 shares of the transportation company’s stock worth $1,194,000 after purchasing an additional 1,383 shares during the period. Finally, ABN Amro Investment Solutions acquired a new stake in United Parcel Service during the second quarter valued at approximately $6,447,000. Institutional investors own 60.26% of the company’s stock.
Insider Activity at United Parcel Service
In related news, Director Christiana Smith Shi purchased 500 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was acquired at an average price of $88.17 per share, with a total value of $44,085.00. Following the completion of the acquisition, the director directly owned 500 shares in the company, valued at approximately $44,085. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.13% of the stock is owned by company insiders.
United Parcel Service Price Performance
United Parcel Service (NYSE:UPS – Get Free Report) last released its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.43. The business had revenue of $21.42 billion during the quarter, compared to analysts’ expectations of $20.94 billion. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The firm’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period in the previous year, the business posted $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. Equities research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.
United Parcel Service Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Monday, November 17th will be given a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Monday, November 17th. United Parcel Service’s dividend payout ratio is presently 101.39%.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on UPS. BMO Capital Markets reissued a “market perform” rating and issued a $96.00 target price (down from $125.00) on shares of United Parcel Service in a report on Friday, September 19th. Barclays decreased their price target on United Parcel Service from $90.00 to $80.00 and set an “underweight” rating on the stock in a research note on Thursday, July 31st. Truist Financial increased their price objective on United Parcel Service from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Stifel Nicolaus cut their price objective on United Parcel Service from $120.00 to $109.00 and set a “buy” rating for the company in a report on Tuesday, October 28th. Finally, Citigroup boosted their target price on shares of United Parcel Service from $112.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $110.00.
Check Out Our Latest Report on United Parcel Service
United Parcel Service Company Profile
United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.
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