United Parcel Service (NYSE:UPS) Price Target Raised to $131.00

United Parcel Service (NYSE:UPS) had its target price hoisted by Citigroup from $122.00 to $131.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has a buy rating on the transportation company’s stock.

Other analysts also recently issued reports about the stock. Stephens reduced their target price on shares of United Parcel Service from $135.00 to $130.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Barclays upped their price objective on shares of United Parcel Service from $80.00 to $95.00 and gave the stock an “underweight” rating in a report on Wednesday. Evercore raised their target price on shares of United Parcel Service from $117.00 to $118.00 in a research note on Wednesday, July 29th. Truist Financial raised their target price on shares of United Parcel Service from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Stifel Nicolaus boosted their price target on United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, United Parcel Service presently has a consensus rating of “Hold” and an average target price of $118.45.

United Parcel Service Trading Up 1.0%

NYSE UPS opened at $108.35 on Wednesday. The company has a quick ratio of 1.18, a current ratio of 1.24 and a debt-to-equity ratio of 1.67. United Parcel Service has a twelve month low of $90.84 and a twelve month high of $122.41. The firm has a market capitalization of $92.18 billion, a PE ratio of 20.84, a P/E/G ratio of 1.93 and a beta of 1.07. The stock’s 50 day moving average is $99.19 and its 200 day moving average is $104.63.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, October 27th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. The business had revenue of $22.90 billion during the quarter, compared to the consensus estimate of $22.27 billion. United Parcel Service had a return on equity of 37.78% and a net margin of 4.84%. The firm’s quarterly revenue was up 6.9% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.74 earnings per share. Research analysts forecast that United Parcel Service will post 7.28 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Monday, August 17th were paid a $1.64 dividend. The ex-dividend date was Monday, August 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.1%. United Parcel Service’s payout ratio is presently 126.15%.

Insider Activity at United Parcel Service

In other news, insider Matthew W. Guffey sold 8,318 shares of the stock in a transaction that occurred on Wednesday, October 28th. The shares were sold at an average price of $105.39, for a total transaction of $876,634.02. Following the sale, the insider owned 271 shares in the company, valued at $28,560.69. This represents a 96.84% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.19% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Wellington Management Group LLP boosted its holdings in shares of United Parcel Service by 262.7% during the 2nd quarter. Wellington Management Group LLP now owns 3,046,707 shares of the transportation company’s stock valued at $327,521,000 after purchasing an additional 2,206,666 shares during the last quarter. Bank of America Corp DE boosted its stake in United Parcel Service by 23.3% during the first quarter. Bank of America Corp DE now owns 9,728,123 shares of the transportation company’s stock valued at $957,053,000 after buying an additional 1,836,651 shares during the last quarter. Manning & Napier Advisors LLC purchased a new position in United Parcel Service during the 2nd quarter valued at approximately $192,304,000. Cullen Capital Management LLC purchased a new position in United Parcel Service during the 2nd quarter valued at approximately $178,071,000. Finally, First Trust Advisors LP grew its holdings in United Parcel Service by 37.4% during the 1st quarter. First Trust Advisors LP now owns 3,631,133 shares of the transportation company’s stock valued at $357,231,000 after buying an additional 988,442 shares in the last quarter. 60.26% of the stock is owned by institutional investors.

More United Parcel Service News

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: UPS exceeded quarterly expectations, reporting $22.90 billion in revenue and adjusted earnings of $1.69 per share versus consensus estimates of $22.27 billion and $1.62, respectively. Management cited stronger premium services, international trade lanes, automation, and improved customer mix. 5 revealing analyst questions from United Parcel Service’s Q3 earnings call
• Positive Sentiment: UPS raised its outlook despite declining shipment volume, suggesting that higher revenue per package, productivity improvements, and cost control are more than offsetting weaker demand. The company plans to use automation and radio-frequency tracking for approximately 70% of packages during the holiday season. Why Did United Parcel Service Raise Guidance Despite Falling Volume?
• Positive Sentiment: Several analysts, including Wells Fargo, Truist, Barclays, Citigroup, Oppenheimer, Bank of America, and UBS, issued bullish commentary or increased their price targets. The recommendations reinforce the view that UPS’s earnings recovery and valuation offer additional upside. Wells Fargo expects UPS stock to rise
• Neutral Sentiment: Comparisons with FedEx highlight UPS’s improved earnings momentum, dividend appeal, and valuation, but also emphasize that future returns depend on sustaining margin gains while handling fewer packages. UPS vs. FedEx: Which Stock Is the Better Buy After Strong Q3 Results?
• Negative Sentiment: Insider Matthew W. Guffey sold 8,318 UPS shares for approximately $876,634, reducing his remaining ownership by 96.84%. While one insider sale is not necessarily a fundamental signal, it may modestly weigh on sentiment. SEC insider transaction filing

About United Parcel Service

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.