United Parcel Service, Inc. $UPS Shares Sold by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC reduced its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.0% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 948,654 shares of the transportation company’s stock after selling 19,160 shares during the period. United Parcel Service makes up 3.3% of Clifford Swan Investment Counsel LLC’s investment portfolio, making the stock its 4th largest holding. Clifford Swan Investment Counsel LLC owned about 0.11% of United Parcel Service worth $101,980,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. University of Texas Texas AM Investment Management Co. acquired a new stake in shares of United Parcel Service during the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. purchased a new stake in United Parcel Service during the 4th quarter valued at approximately $25,000. Coston McIsaac & Partners raised its stake in United Parcel Service by 77.8% during the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 119 shares during the last quarter. Kemnay Advisory Services Inc. acquired a new stake in United Parcel Service during the 4th quarter worth approximately $29,000. Finally, Legacy Wealth Managment LLC ID lifted its position in United Parcel Service by 48.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company’s stock worth $30,000 after acquiring an additional 101 shares during the period. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Stock Down 1.1%

UPS stock opened at $104.16 on Tuesday. The company has a market cap of $88.62 billion, a P/E ratio of 19.36, a P/E/G ratio of 1.90 and a beta of 1.06. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $122.41. The company’s 50-day moving average price is $108.14 and its 200 day moving average price is $105.85. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.58.

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

United Parcel Service Announces Dividend

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

Analysts Set New Price Targets

A number of research analysts have recently issued reports on UPS shares. Weiss Ratings raised United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, August 17th. Susquehanna lifted their price objective on shares of United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Citigroup boosted their price objective on shares of United Parcel Service from $127.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Wall Street Zen upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, UBS Group lifted their target price on shares of United Parcel Service from $123.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $117.41.

United Parcel Service 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.