Tufton Capital Management Reduces Stock Position in United Parcel Service, Inc. $UPS

Tufton Capital Management lessened its holdings in United Parcel Service, Inc. (NYSE:UPS) by 3.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,289 shares of the transportation company’s stock after selling 2,282 shares during the quarter. Tufton Capital Management’s holdings in United Parcel Service were worth $5,681,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in UPS. Goldman Sachs Group Inc. grew its holdings in shares of United Parcel Service by 124.0% during the first quarter. Goldman Sachs Group Inc. now owns 9,011,107 shares of the transportation company’s stock worth $991,132,000 after purchasing an additional 4,988,044 shares during the last quarter. Pacer Advisors Inc. grew its holdings in shares of United Parcel Service by 1,056.6% during the first quarter. Pacer Advisors Inc. now owns 4,336,175 shares of the transportation company’s stock worth $476,936,000 after purchasing an additional 3,961,255 shares during the last quarter. Nuveen LLC purchased a new position in shares of United Parcel Service during the first quarter worth about $201,358,000. Charles Schwab Investment Management Inc. grew its holdings in shares of United Parcel Service by 7.7% during the first quarter. Charles Schwab Investment Management Inc. now owns 25,045,472 shares of the transportation company’s stock worth $2,754,751,000 after purchasing an additional 1,780,807 shares during the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in shares of United Parcel Service by 443.6% during the second quarter. Assenagon Asset Management S.A. now owns 1,549,962 shares of the transportation company’s stock worth $156,453,000 after purchasing an additional 1,264,842 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on UPS shares. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of United Parcel Service in a report on Wednesday, October 8th. Vertical Research reissued a “hold” rating and set a $103.00 price target 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, October 29th. 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 report on Tuesday, October 28th. Finally, Bank of America reduced their price target on shares of United Parcel Service from $83.00 to $81.00 and set an “underperform” rating for the company in a research report on Friday, September 26th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, sixteen have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $110.00.

United Parcel Service Stock Down 2.4%

Shares of United Parcel Service stock opened at $94.10 on Tuesday. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $138.67. The company has a current ratio of 1.30, a quick ratio of 1.32 and a debt-to-equity ratio of 1.50. The stock has a market cap of $79.76 billion, a price-to-earnings ratio of 14.54, a price-to-earnings-growth ratio of 2.29 and a beta of 1.10. The company has a fifty day moving average price of $86.42 and a 200 day moving average price of $93.01.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results 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 business had revenue of $21.40 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%. The company’s quarterly revenue was down 3.7% compared to the same quarter last year. 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. Equities research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Monday, August 18th were given a $1.64 dividend. The ex-dividend date was Monday, August 18th. This represents a $6.56 annualized dividend and a yield of 7.0%. United Parcel Service’s payout ratio is 101.39%.

Insider Transactions at United Parcel Service

In other news, Director Christiana Smith Shi acquired 500 shares of the firm’s stock in a transaction that occurred on 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 purchase, the director owned 500 shares of the company’s stock, valued at approximately $44,085. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.13% of the company’s stock.

United Parcel Service 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.