KCM Investment Advisors LLC Sells 32,238 Shares of United Parcel Service, Inc. $UPS

KCM Investment Advisors LLC reduced its stake in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) by 36.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 56,593 shares of the transportation company’s stock after selling 32,238 shares during the quarter. KCM Investment Advisors LLC’s holdings in United Parcel Service were worth $5,712,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of UPS. Vanguard Group Inc. raised its position in shares of United Parcel Service by 1.5% during the first quarter. Vanguard Group Inc. now owns 66,136,226 shares of the transportation company’s stock valued at $7,274,323,000 after buying an additional 999,832 shares during the last quarter. Charles Schwab Investment Management Inc. increased its stake in 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 valued at $2,754,751,000 after acquiring an additional 1,780,807 shares during the period. Goldman Sachs Group Inc. increased its stake in 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 valued at $991,132,000 after acquiring an additional 4,988,044 shares during the period. Northern Trust Corp raised its holdings in United Parcel Service by 0.3% in the 1st quarter. Northern Trust Corp now owns 7,415,523 shares of the transportation company’s stock valued at $815,633,000 after acquiring an additional 23,918 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of United Parcel Service by 3.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 4,719,145 shares of the transportation company’s stock worth $519,059,000 after acquiring an additional 171,303 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, Director Christiana Smith Shi bought 500 shares of the stock in a transaction dated Friday, August 22nd. The stock was bought at an average cost of $88.17 per share, for a total transaction of $44,085.00. Following the completion of the purchase, the director owned 500 shares in the company, valued at $44,085. This represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.13% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on UPS. Bank of America lowered their price objective on United Parcel Service from $83.00 to $81.00 and set an “underperform” rating on the stock in a research report on Friday, September 26th. Stifel Nicolaus reduced their price objective on shares of United Parcel Service from $120.00 to $109.00 and set a “buy” rating for the company in a report on Tuesday, October 28th. Barclays decreased their target price on shares of 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. Wells Fargo & Company upped their target price on shares of United Parcel Service from $91.00 to $96.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 29th. Finally, JPMorgan Chase & Co. raised their price target on shares of United Parcel Service from $85.00 to $97.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $110.00.

Read Our Latest Stock Analysis on UPS

United Parcel Service Stock Performance

NYSE UPS opened at $95.98 on Friday. The firm has a market cap of $81.35 billion, a price-to-earnings ratio of 14.84, a PEG ratio of 2.29 and a beta of 1.11. The company has a 50 day moving average of $86.94 and a 200-day moving average of $92.99. The company has a current ratio of 1.30, a quick ratio of 1.32 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a 1-year low of $82.00 and a 1-year high of $138.67.

United Parcel Service (NYSE:UPSGet Free Report) last announced its 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 $21.42 billion for the quarter, compared to the consensus estimate of $20.94 billion. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.United Parcel Service’s revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.76 EPS. United Parcel Service has set its Q4 2025 guidance at EPS. On average, equities 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 disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, November 17th will be paid a $1.64 dividend. The ex-dividend date of this dividend is Monday, November 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.8%. United Parcel Service’s payout ratio is currently 101.39%.

About United Parcel Service

(Free Report)

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.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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