Stoneridge Investment Partners LLC Purchases New Stake in United Parcel Service, Inc. $UPS

Stoneridge Investment Partners LLC purchased a new stake in shares of United Parcel Service, Inc. (NYSE:UPS) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 7,041 shares of the transportation company’s stock, valued at approximately $734,000.

Other institutional investors have also recently bought and sold shares of the company. University of Texas Texas AM Investment Management Co. bought a new position in United Parcel Service in the 4th quarter valued at about $25,000. IFC & Insurance Marketing Inc. acquired a new position in United Parcel Service during the 4th quarter valued at about $25,000. Coston McIsaac & Partners increased its holdings in United Parcel Service by 77.8% during the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after purchasing an additional 119 shares in the last quarter. Torren Management LLC purchased a new stake in shares of United Parcel Service in the fourth quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of United Parcel Service in the fourth quarter worth approximately $29,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Stock Down 1.0%

Shares of NYSE:UPS opened at $104.53 on Friday. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $122.41. The company has a market capitalization of $88.85 billion, a PE ratio of 19.43, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. The business has a fifty day moving average price of $108.88 and a two-hundred day moving average price of $106.51. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.18 and a quick ratio of 1.18.

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

United Parcel Service Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th will be given a $1.64 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $6.56 annualized dividend and a yield of 6.3%. United Parcel Service’s payout ratio is currently 121.93%.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. BMO Capital Markets raised their target price on United Parcel Service from $110.00 to $115.00 and gave the company a “market perform” rating in a report on Wednesday, July 29th. UBS Group raised their price objective on United Parcel Service from $123.00 to $124.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Wall Street Zen raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings lowered shares of United Parcel Service from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, August 3rd. Finally, Sanford C. Bernstein increased their target price on shares of United Parcel Service from $130.00 to $133.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, United Parcel Service currently has an average rating of “Hold” and an average 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.