Econ Financial Services Corp Acquires 3,773 Shares of United Parcel Service, Inc. $UPS

Econ Financial Services Corp boosted its holdings in United Parcel Service, Inc. (NYSE:UPS) by 29.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,743 shares of the transportation company’s stock after acquiring an additional 3,773 shares during the quarter. Econ Financial Services Corp’s holdings in United Parcel Service were worth $1,690,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in UPS. Brighton Jones LLC lifted its position 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 valued at $1,529,000 after acquiring an additional 4,723 shares in the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of United Parcel Service by 61.3% during the 1st quarter. Golden State Wealth Management LLC now owns 1,576 shares of the transportation company’s stock valued at $173,000 after buying an additional 599 shares during the period. Amalgamated Bank boosted its stake in shares of United Parcel Service by 1.4% in the 1st quarter. Amalgamated Bank now owns 142,616 shares of the transportation company’s stock worth $15,686,000 after buying an additional 1,943 shares during the last quarter. New Wave Wealth Advisors LLC grew its holdings in shares of United Parcel Service by 32.5% in the first quarter. New Wave Wealth Advisors LLC now owns 1,826 shares of the transportation company’s stock worth $201,000 after acquiring an additional 448 shares during the period. Finally, Canandaigua National Bank & Trust Co. increased its position in United Parcel Service by 81.1% during the first quarter. Canandaigua National Bank & Trust Co. now owns 12,430 shares of the transportation company’s stock valued at $1,367,000 after acquiring an additional 5,568 shares during the last quarter. 60.26% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other United Parcel Service news, CEO Carol B. Tome purchased 11,682 shares of the business’s stock in a transaction on Friday, August 1st. The stock was acquired at an average price of $85.67 per share, for a total transaction of $1,000,796.94. Following the purchase, the chief executive officer 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Christiana Smith Shi purchased 500 shares of the business’s stock in a transaction on Friday, August 22nd. The stock was acquired at an average price of $88.17 per share, with a total value of $44,085.00. Following the purchase, the director directly owned 500 shares in the company, valued at $44,085. This represents a ∞ increase in their position. The SEC filing for this purchase provides additional information. In the last quarter, insiders acquired 17,182 shares of company stock worth $1,477,382. Corporate insiders own 0.13% of the company’s stock.

United Parcel Service Trading Up 8.2%

NYSE:UPS opened at $96.52 on Wednesday. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.32 and a quick ratio of 1.32. The firm has a market capitalization of $81.80 billion, a price-to-earnings ratio of 14.36, a price-to-earnings-growth ratio of 1.65 and a beta of 1.10. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $138.67. The business has a fifty day moving average price of $85.75 and a 200-day moving average price of $93.06.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings data on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, topping the consensus estimate 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 return on equity of 39.61% and a net margin of 6.34%.United Parcel Service’s revenue was down 3.7% on a year-over-year basis. During the same period in the prior year, the business posted $1.76 EPS. United Parcel Service has set its Q4 2025 guidance at EPS. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 18th were paid a $1.64 dividend. This represents a $6.56 annualized dividend and a dividend yield of 6.8%. The ex-dividend date was Monday, August 18th. United Parcel Service’s dividend payout ratio is 97.62%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on UPS shares. Truist Financial reduced their price objective on United Parcel Service from $130.00 to $120.00 and set a “buy” rating for the company in a research report on Wednesday, July 30th. Weiss Ratings reiterated a “sell (d+)” rating on shares of United Parcel Service in a research report on Wednesday, October 8th. Stifel Nicolaus reduced 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. BNP Paribas upgraded United Parcel Service to a “hold” rating in a research report on Thursday, July 3rd. Finally, BMO Capital Markets reiterated a “market perform” rating and set a $96.00 price objective (down previously from $125.00) on shares of United Parcel Service in a research report on Friday, September 19th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, fifteen have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, United Parcel Service currently has an average rating of “Hold” and an average target price of $108.97.

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.