United Parcel Service (NYSE:UPS) Shares Up 1.7% – Here’s Why

United Parcel Service, Inc. (NYSE:UPS)’s share price rose 1.7% during mid-day trading on Friday . The company traded as high as $96.90 and last traded at $96.6390. Approximately 7,288,922 shares changed hands during mid-day trading, an increase of 6% from the average daily volume of 6,897,188 shares. The stock had previously closed at $95.06.

Wall Street Analysts Forecast Growth

UPS has been the topic of a number of recent analyst reports. Citigroup increased their price objective on shares of United Parcel Service from $112.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday. Vertical Research reissued a “hold” rating and issued a $103.00 target price on shares of United Parcel Service in a report on Wednesday, July 30th. Stephens raised United Parcel Service to a “hold” rating in a report on Wednesday. Morgan Stanley lowered their price objective on United Parcel Service from $80.00 to $75.00 and set an “underweight” rating for the company in a research report on Wednesday, July 30th. Finally, Barclays cut their target price on United Parcel Service from $90.00 to $80.00 and set an “underweight” rating on the stock in a research report on Thursday, July 31st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, sixteen have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $110.00.

United Parcel Service Trading Up 1.7%

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 business has a 50-day moving average of $86.30 and a 200-day moving average of $93.04. The stock has a market capitalization of $81.91 billion, a price-to-earnings ratio of 14.94, a PEG ratio of 2.29 and a beta of 1.10.

United Parcel Service (NYSE:UPS) last announced 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. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The business had revenue of $21.40 billion for the quarter, compared to analyst estimates of $20.94 billion. During the same period last year, the firm posted $1.76 earnings per share. The company’s revenue for the quarter 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, research analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The firm also recently announced 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. The ex-dividend date was Monday, August 18th. This represents a $6.56 annualized dividend and a dividend yield of 6.8%. United Parcel Service’s dividend payout ratio is 101.39%.

Insider Transactions at United Parcel Service

In related news, Director Christiana Smith Shi acquired 500 shares of United Parcel Service stock in a transaction on Friday, August 22nd. The stock was purchased at an average cost 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 approximately $44,085. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.13% of the stock is owned by company insiders.

Institutional Investors Weigh In On United Parcel Service

Several hedge funds have recently modified their holdings of the stock. Graybill Wealth Management LTD. acquired a new stake in shares of United Parcel Service in the 1st quarter worth $26,000. Evelyn Partners Investment Management Europe Ltd increased its position in United Parcel Service by 110.1% during the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company’s stock worth $25,000 after purchasing an additional 131 shares during the period. Mid American Wealth Advisory Group Inc. purchased a new position in shares of United Parcel Service during the 2nd quarter worth approximately $26,000. Hemington Wealth Management lifted its holdings in shares of United Parcel Service by 68.9% in the 1st quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock valued at $31,000 after buying an additional 115 shares during the period. Finally, Saudi Central Bank purchased a new stake in shares of United Parcel Service in the first quarter valued at approximately $32,000. 60.26% of the stock is owned by institutional investors and hedge funds.

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.