Wells Fargo & Company Issues Positive Forecast for United Parcel Service (NYSE:UPS) Stock Price

United Parcel Service (NYSE:UPS) had its price target increased by Wells Fargo & Company from $91.00 to $96.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has an equal weight rating on the transportation company’s stock.

A number of other research firms have also recently commented on UPS. Wolfe Research decreased their price target on United Parcel Service from $113.00 to $112.00 and set an “outperform” rating on the stock in a report on Tuesday, July 1st. UBS Group decreased their price target on United Parcel Service from $118.00 to $110.00 and set a “buy” rating on the stock in a report on Friday, October 3rd. Weiss Ratings restated a “sell (d+)” rating on shares of United Parcel Service in a research report on Wednesday, October 8th. Stifel Nicolaus cut their price objective on United Parcel Service from $120.00 to $109.00 and set a “buy” rating for the company in a research report on Tuesday. Finally, Citigroup decreased their price objective on United Parcel Service from $114.00 to $112.00 and set a “buy” rating on the stock in a report on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fifteen have given a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $110.00.

United Parcel Service Price Performance

Shares of UPS stock opened at $97.30 on Wednesday. The company has a quick ratio of 1.32, a current ratio of 1.30 and a debt-to-equity ratio of 1.50. The business’s fifty day moving average is $85.96 and its 200 day moving average is $93.06. United Parcel Service has a twelve month low of $82.00 and a twelve month high of $138.67. The stock has a market cap of $82.47 billion, a price-to-earnings ratio of 15.04, a PEG ratio of 1.80 and a beta of 1.10.

United Parcel Service (NYSE:UPS) last announced its quarterly 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. The firm had revenue of $21.40 billion during the quarter, compared to analyst estimates of $20.94 billion. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The business’s revenue for the quarter was down 3.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. Research analysts expect that United Parcel Service will post 7.95 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 18th were paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend was Monday, August 18th. United Parcel Service’s payout ratio is currently 97.62%.

Insider Activity at United Parcel Service

In related news, Director Christiana Smith Shi purchased 500 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was purchased at an average price of $88.17 per share, with a total value of $44,085.00. Following the completion of the purchase, the director owned 500 shares of the company’s stock, valued at approximately $44,085. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Carol B. Tome purchased 11,682 shares of the firm’s stock in a transaction dated Friday, August 1st. The shares were bought at an average cost of $85.67 per share, with a total value of $1,000,796.94. Following the purchase, the chief executive officer directly owned 24,718 shares of the company’s stock, valued at approximately $2,117,591.06. This represents a 89.61% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 0.13% of the company’s stock.

Hedge Funds Weigh In On United Parcel Service

A number of large investors have recently bought and sold shares of UPS. Evelyn Partners Investment Management Europe Ltd raised its stake in United Parcel Service by 110.1% in the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company’s stock worth $25,000 after buying an additional 131 shares in the last quarter. Graybill Wealth Management LTD. bought a new position in United Parcel Service in the first quarter worth approximately $26,000. Mid American Wealth Advisory Group Inc. bought a new position in United Parcel Service in the second quarter worth approximately $26,000. Hemington Wealth Management raised its stake in United Parcel Service by 68.9% in the first quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock worth $31,000 after buying an additional 115 shares in the last quarter. Finally, Salzhauer Michael purchased a new position in United Parcel Service in the third quarter worth $31,000. Institutional investors own 60.26% of the company’s stock.

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.