Kingsview Wealth Management LLC raised its stake in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 20.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 38,685 shares of the transportation company’s stock after acquiring an additional 6,480 shares during the quarter. Kingsview Wealth Management LLC’s holdings in United Parcel Service were worth $3,905,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its holdings in United Parcel Service by 63.8% in the fourth 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. Csenge Advisory Group increased its stake in shares of United Parcel Service by 62.4% in the 1st quarter. Csenge Advisory Group now owns 9,825 shares of the transportation company’s stock valued at $1,081,000 after purchasing an additional 3,776 shares in the last quarter. Calton & Associates Inc. acquired a new position in United Parcel Service in the 1st quarter worth about $231,000. OneAscent Financial Services LLC raised its holdings in United Parcel Service by 108.6% in the 1st quarter. OneAscent Financial Services LLC now owns 5,362 shares of the transportation company’s stock worth $588,000 after purchasing an additional 2,791 shares during the period. Finally, IFP Advisors Inc boosted its position in United Parcel Service by 7.2% during the first quarter. IFP Advisors Inc now owns 8,504 shares of the transportation company’s stock worth $935,000 after purchasing an additional 571 shares in the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.
Insiders Place Their Bets
In other United Parcel Service news, Director Christiana Smith Shi bought 500 shares of the firm’s stock in a transaction on Friday, August 22nd. The shares were acquired at an average cost of $88.17 per share, with a total value of $44,085.00. Following the purchase, the director directly owned 500 shares of the company’s stock, valued at $44,085. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 0.13% of the stock is owned by company insiders.
United Parcel Service Trading Down 1.9%
United Parcel Service (NYSE:UPS – Get Free Report) last released its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.43. The business had revenue of $21.42 billion during the quarter, compared to analyst estimates of $20.94 billion. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The company’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. Research analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.
United Parcel Service Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, November 17th will be issued a $1.64 dividend. The ex-dividend date is Monday, November 17th. This represents a $6.56 dividend on an annualized basis and a yield of 7.0%. United Parcel Service’s dividend payout ratio is presently 101.39%.
Analysts Set New Price Targets
A number of research firms have recently commented on UPS. UBS Group boosted their price objective on United Parcel Service from $110.00 to $113.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Oppenheimer dropped their price target on shares of United Parcel Service from $114.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 30th. Bank of America cut their price target on shares of United Parcel Service from $83.00 to $81.00 and set an “underperform” rating for the company in a report on Friday, September 26th. Wall Street Zen raised shares of United Parcel Service from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of United Parcel Service in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $110.00.
Get Our Latest Research Report on United Parcel Service
United Parcel Service 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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