Spinnaker Trust Grows Stake in United Parcel Service, Inc. $UPS

Spinnaker Trust lifted its position in United Parcel Service, Inc. (NYSE:UPS) by 5.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,316 shares of the transportation company’s stock after buying an additional 802 shares during the period. Spinnaker Trust’s holdings in United Parcel Service were worth $1,546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Savvy Advisors Inc. boosted its stake in shares of United Parcel Service by 2.9% in the 2nd quarter. Savvy Advisors Inc. now owns 9,763 shares of the transportation company’s stock worth $986,000 after buying an additional 279 shares during the last quarter. Live Oak Private Wealth LLC boosted its stake in shares of United Parcel Service by 2.8% in the 2nd quarter. Live Oak Private Wealth LLC now owns 67,909 shares of the transportation company’s stock worth $6,855,000 after buying an additional 1,868 shares during the last quarter. MeadowBrook Investment Advisors LLC boosted its stake in shares of United Parcel Service by 21.4% in the 2nd quarter. MeadowBrook Investment Advisors LLC now owns 4,119 shares of the transportation company’s stock worth $416,000 after buying an additional 725 shares during the last quarter. HBK Sorce Advisory LLC raised its holdings in United Parcel Service by 2.4% in the 2nd quarter. HBK Sorce Advisory LLC now owns 38,985 shares of the transportation company’s stock worth $3,935,000 after purchasing an additional 932 shares during the period. Finally, Arkadios Wealth Advisors raised its holdings in United Parcel Service by 5.1% in the 2nd quarter. Arkadios Wealth Advisors now owns 29,113 shares of the transportation company’s stock worth $2,939,000 after purchasing an additional 1,421 shares during the period. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Christiana Smith Shi bought 500 shares of United Parcel Service stock in a transaction dated Friday, August 22nd. The shares were purchased at an average cost of $88.17 per share, with a total value of $44,085.00. Following the completion of the acquisition, the director owned 500 shares of the company’s stock, valued at $44,085. This trade represents a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Carol B. Tome bought 11,682 shares of United Parcel Service stock in a transaction dated Friday, August 1st. The stock was purchased at an average cost of $85.67 per share, for a total transaction of $1,000,796.94. Following the completion of the acquisition, the chief executive officer directly owned 24,718 shares of the company’s stock, valued at approximately $2,117,591.06. The trade was a 89.61% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.13% of the company’s stock.

United Parcel Service Price Performance

NYSE:UPS opened at $97.30 on Thursday. The company has a quick ratio of 1.32, a current ratio of 1.30 and a debt-to-equity ratio of 1.50. The business’s 50-day simple moving average is $85.96 and its two-hundred day simple moving average is $93.06. The stock has a market cap of $82.47 billion, a PE ratio of 15.04, a P/E/G ratio of 1.80 and a beta of 1.10. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $138.67.

United Parcel Service (NYSE:UPS) last posted 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. The business had revenue of $21.40 billion for 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 business’s quarterly revenue was down 3.7% on a year-over-year basis. During the same period last year, the firm earned $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. As a group, analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 18th were issued a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend was Monday, August 18th. United Parcel Service’s payout ratio is 97.62%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on UPS shares. Truist Financial raised their target price on United Parcel Service from $100.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday. BNP Paribas raised United Parcel Service to a “hold” rating in a report on Thursday, July 3rd. Barclays decreased their target price on United Parcel Service from $90.00 to $80.00 and set an “underweight” rating on the stock in a report on Thursday, July 31st. Morgan Stanley decreased their target price on United Parcel Service from $80.00 to $75.00 and set an “underweight” rating on the stock in a report on Wednesday, July 30th. Finally, Stifel Nicolaus decreased their target price on United Parcel Service from $120.00 to $109.00 and set a “buy” rating on the stock in a report on Tuesday. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fifteen have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $110.00.

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.