Journey Strategic Wealth LLC Has $693,000 Stock Position in United Parcel Service, Inc. $UPS

Journey Strategic Wealth LLC boosted its holdings in United Parcel Service, Inc. (NYSE:UPS) by 16.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,864 shares of the transportation company’s stock after purchasing an additional 967 shares during the quarter. Journey Strategic Wealth LLC’s holdings in United Parcel Service were worth $693,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mid American Wealth Advisory Group Inc. bought a new stake in shares of United Parcel Service in the 2nd quarter valued at $26,000. Hemington Wealth Management grew its holdings in United Parcel Service by 68.9% in the first quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock worth $31,000 after purchasing an additional 115 shares during the period. Saudi Central Bank acquired a new stake in United Parcel Service in the first quarter worth $32,000. Flaharty Asset Management LLC bought a new stake in United Parcel Service in the first quarter valued at $33,000. Finally, RMG Wealth Management LLC acquired a new position in shares of United Parcel Service during the second quarter valued at about $34,000. 60.26% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on UPS. Morgan Stanley cut their price objective on shares of United Parcel Service from $80.00 to $75.00 and set an “underweight” rating on the stock in a research report on Wednesday, July 30th. Deutsche Bank Aktiengesellschaft cut their price target on United Parcel Service from $100.00 to $88.00 and set a “hold” rating on the stock in a report on Thursday, October 2nd. BMO Capital Markets restated a “market perform” rating and set a $96.00 price objective (down previously from $125.00) on shares of United Parcel Service in a report on Friday, September 19th. Wall Street Zen raised United Parcel Service from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Finally, Truist Financial lifted their price target on shares of United Parcel Service from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $110.00.

United Parcel Service Stock Up 4.0%

Shares of NYSE:UPS opened at $94.54 on Friday. The stock has a market cap of $80.21 billion, a price-to-earnings ratio of 14.61, a PEG ratio of 2.29 and a beta of 1.11. The company has a quick ratio of 1.32, a current ratio of 1.30 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 $138.67. The business’s 50 day moving average is $88.78 and its 200 day moving average is $92.82.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.43. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The business had revenue of $21.42 billion during the quarter, compared to analyst estimates of $20.94 billion. During the same period in the prior year, the firm posted $1.76 EPS. United Parcel Service’s quarterly revenue was down 3.7% compared to the same quarter last year. United Parcel Service has set its Q4 2025 guidance at EPS. On average, sell-side 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 company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors 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 6.9%. The ex-dividend date of this dividend is Monday, November 17th. United Parcel Service’s dividend payout ratio (DPR) is presently 101.39%.

About United Parcel Service

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.