United Parcel Service, Inc. (NYSE:UPS – Get Free Report) shares were up 1.2% during mid-day trading on Wednesday . The company traded as high as $96.50 and last traded at $96.1240. Approximately 5,698,532 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 6,901,775 shares. The stock had previously closed at $95.03.
Analyst Ratings Changes
Several research firms have recently commented on UPS. Susquehanna increased their target price on United Parcel Service from $100.00 to $105.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Oppenheimer reduced their price objective on shares of United Parcel Service from $114.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 30th. Wells Fargo & Company boosted their target price on shares of United Parcel Service from $91.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 29th. Wall Street Zen upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a research note on Saturday, November 1st. Finally, UBS Group lifted their price target on United Parcel Service from $110.00 to $113.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. One 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 company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $110.00.
View Our Latest Stock Report on UPS
United Parcel Service Trading Up 1.2%
United Parcel Service (NYSE:UPS – Get Free Report) last issued its 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. The firm had revenue of $21.42 billion for the quarter, compared to analysts’ expectations of $20.94 billion. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. United Parcel Service’s revenue was down 3.7% on a year-over-year basis. During the same quarter last year, the company posted $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. As a group, analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.
United Parcel Service Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, November 17th will be paid a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Monday, November 17th. United Parcel Service’s dividend payout ratio is presently 101.39%.
Insider Transactions at United Parcel Service
In other news, Director Christiana Smith Shi purchased 500 shares of United Parcel Service stock in a transaction dated Friday, August 22nd. The stock was bought at an average price of $88.17 per share, with a total value of $44,085.00. Following the completion of the acquisition, the director owned 500 shares in the company, valued at $44,085. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.13% of the company’s stock.
Institutional Trading of United Parcel Service
Several hedge funds have recently bought and sold shares of UPS. Brighton Jones LLC grew its holdings in United Parcel Service by 63.8% in the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock worth $1,529,000 after buying an additional 4,723 shares in the last quarter. CWM LLC grew its stake in shares of United Parcel Service by 25.0% in the first quarter. CWM LLC now owns 96,926 shares of the transportation company’s stock worth $10,661,000 after purchasing an additional 19,369 shares in the last quarter. LRI Investments LLC grew its stake in shares of United Parcel Service by 29.3% in the first quarter. LRI Investments LLC now owns 834 shares of the transportation company’s stock worth $92,000 after purchasing an additional 189 shares in the last quarter. Cutter & CO Brokerage Inc. acquired a new position in shares of United Parcel Service during the first quarter valued at $208,000. Finally, Edgestream Partners L.P. raised its stake in shares of United Parcel Service by 44.6% during the first quarter. Edgestream Partners L.P. now owns 38,506 shares of the transportation company’s stock valued at $4,235,000 after purchasing an additional 11,880 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors.
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.
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