United Parcel Service, Inc. $UPS Shares Sold by Trustmark Bank Trust Department

Trustmark Bank Trust Department decreased its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 18.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,104 shares of the transportation company’s stock after selling 1,376 shares during the period. Trustmark Bank Trust Department’s holdings in United Parcel Service were worth $616,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Andra AP fonden raised its stake in United Parcel Service by 95.9% during the 2nd quarter. Andra AP fonden now owns 332,983 shares of the transportation company’s stock valued at $33,611,000 after acquiring an additional 163,000 shares in the last quarter. Avantax Advisory Services Inc. grew its position in United Parcel Service by 14.6% in the 2nd quarter. Avantax Advisory Services Inc. now owns 94,361 shares of the transportation company’s stock valued at $9,525,000 after buying an additional 12,035 shares in the last quarter. Equity Investment Corp raised its position in shares of United Parcel Service by 16.8% during the 2nd quarter. Equity Investment Corp now owns 1,130,550 shares of the transportation company’s stock worth $114,118,000 after buying an additional 162,364 shares in the last quarter. Cowa LLC lifted its stake in shares of United Parcel Service by 329.2% in the 2nd quarter. Cowa LLC now owns 8,785 shares of the transportation company’s stock worth $887,000 after acquiring an additional 6,738 shares during the period. Finally, J.W. Cole Advisors Inc. lifted its stake in shares of United Parcel Service by 2.0% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 182,836 shares of the transportation company’s stock worth $18,455,000 after acquiring an additional 3,516 shares during the period. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Price Performance

UPS opened at $95.46 on Monday. The firm has a market capitalization of $80.98 billion, a P/E ratio of 14.75, a PEG ratio of 2.29 and a beta of 1.11. The stock has a fifty day moving average of $89.83 and a 200-day moving average of $92.67. 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 $136.99.

United Parcel Service (NYSE:UPS) last posted its quarterly 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. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. 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 earned $1.76 earnings per share. The firm’s revenue was down 3.7% compared to the same quarter last year. United Parcel Service has set its Q4 2025 guidance at EPS. Equities 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 declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Monday, November 17th will be given a $1.64 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.9%. United Parcel Service’s dividend payout ratio (DPR) is currently 101.39%.

Analyst Ratings Changes

Several analysts have recently weighed in on UPS shares. UBS Group upped their price objective on United Parcel Service from $110.00 to $113.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. BMO Capital Markets reissued a “market perform” rating and issued a $96.00 price target (down from $125.00) on shares of United Parcel Service in a report on Friday, September 19th. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of United Parcel Service from $100.00 to $88.00 and set a “hold” rating for the company in a research report on Thursday, October 2nd. Bank of America cut their target price on shares of United Parcel Service from $83.00 to $81.00 and set an “underperform” rating for the company in a research note on Friday, September 26th. Finally, Citigroup raised their price objective on United Parcel Service from $112.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $110.00.

United Parcel Service Company 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.