United Parcel Service (NYSE:UPS) Trading 1.1% Higher – Time to Buy?

Shares of United Parcel Service, Inc. (NYSE:UPS) shot up 1.1% during trading on Wednesday . The company traded as high as $95.80 and last traded at $95.6060. 4,658,595 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 6,886,510 shares. The stock had previously closed at $94.54.

Analyst Ratings Changes

UPS has been the topic of a number of recent research reports. Stifel Nicolaus lowered their price objective on United Parcel Service from $120.00 to $109.00 and set a “buy” rating on the stock in a research note on Tuesday, October 28th. Stephens upgraded shares of United Parcel Service to a “hold” rating in a research note on Wednesday, October 29th. Susquehanna increased their price target on United Parcel Service from $100.00 to $105.00 and gave the company a “neutral” rating in a research report on Wednesday, October 29th. JPMorgan Chase & Co. lifted their price target on United Parcel Service from $85.00 to $97.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Finally, Wells Fargo & Company boosted their price target on shares of United Parcel Service from $91.00 to $96.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $110.00.

United Parcel Service Stock Down 0.2%

The firm’s 50-day simple moving average is $89.60 and its 200 day simple moving average is $92.81. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.32 and a current ratio of 1.30. The company has a market capitalization of $80.98 billion, a PE ratio of 14.75, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.43. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The company had revenue of $21.42 billion for the quarter, compared to the consensus estimate of $20.94 billion. During the same period in the previous year, the business earned $1.76 earnings per share. United Parcel Service’s quarterly revenue was down 3.7% compared to the same quarter last year. United Parcel Service has set its Q4 2025 guidance at EPS. As a group, equities research analysts forecast that United Parcel Service, Inc. will post 7.95 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, December 4th. Investors of record on Monday, November 17th will be given a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 6.9%. The ex-dividend date is Monday, November 17th. United Parcel Service’s payout ratio is currently 101.39%.

Institutional Investors Weigh In On United Parcel Service

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Norges Bank purchased a new position in United Parcel Service during the second quarter worth about $851,842,000. Goldman Sachs Group Inc. raised its holdings in United Parcel Service by 124.0% in the first quarter. Goldman Sachs Group Inc. now owns 9,011,107 shares of the transportation company’s stock valued at $991,132,000 after acquiring an additional 4,988,044 shares in the last quarter. Laurel Wealth Advisors LLC lifted its position in shares of United Parcel Service by 11,517.3% during the second quarter. Laurel Wealth Advisors LLC now owns 2,503,413 shares of the transportation company’s stock worth $252,695,000 after purchasing an additional 2,481,864 shares during the last quarter. Nuveen LLC bought a new stake in shares of United Parcel Service in the 1st quarter valued at approximately $201,358,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of United Parcel Service by 78.7% during the second quarter. Arrowstreet Capital Limited Partnership now owns 4,086,862 shares of the transportation company’s stock valued at $412,528,000 after buying an additional 1,799,882 shares during the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

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.