Primecap Management Co. CA Decreases Stock Position in United Parcel Service, Inc. $UPS

Primecap Management Co. CA trimmed its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 1.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,262,131 shares of the transportation company’s stock after selling 35,400 shares during the quarter. Primecap Management Co. CA’s holdings in United Parcel Service were worth $188,956,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Evelyn Partners Investment Management Europe Ltd grew its holdings 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 valued at $25,000 after purchasing an additional 131 shares during the last quarter. Salzhauer Michael bought a new stake in United Parcel Service in the third quarter worth about $31,000. Physician Wealth Advisors Inc. boosted its position in shares of United Parcel Service by 76.5% during the third quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock valued at $31,000 after buying an additional 163 shares during the period. Twin Peaks Wealth Advisors LLC bought a new position in shares of United Parcel Service during the second quarter valued at approximately $34,000. Finally, Avion Wealth raised its holdings in shares of United Parcel Service by 284.1% in the third quarter. Avion Wealth now owns 434 shares of the transportation company’s stock worth $36,000 after buying an additional 321 shares during the period. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Insider Activity at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 25,014 shares of the firm’s stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $106.15, for a total value of $2,655,236.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.13% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have weighed in on UPS shares. Bank of America upgraded United Parcel Service from an “underperform” rating to a “neutral” rating and set a $114.00 target price on the stock in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft raised their price target on shares of United Parcel Service from $88.00 to $106.00 and gave the stock a “hold” rating in a research note on Wednesday, January 28th. BNP Paribas Exane lowered shares of United Parcel Service from a “neutral” rating to an “underperform” rating and set a $85.00 price objective for the company. in a report on Tuesday, January 13th. Wells Fargo & Company upped their target price on shares of United Parcel Service from $96.00 to $110.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 28th. Finally, Stifel Nicolaus raised their target price on shares of United Parcel Service from $112.00 to $116.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have given a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, United Parcel Service presently has an average rating of “Hold” and an average price target of $113.67.

United Parcel Service Stock Performance

Shares of NYSE:UPS opened at $113.94 on Thursday. The firm has a 50 day moving average of $108.68 and a 200 day moving average of $96.39. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.45. The company has a market capitalization of $96.66 billion, a price-to-earnings ratio of 17.37, a price-to-earnings-growth ratio of 1.83 and a beta of 1.11. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $123.70.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Tuesday, January 27th. The transportation company reported $2.38 EPS for the quarter, topping the consensus estimate of $2.20 by $0.18. United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.The firm had revenue of $24.48 billion during the quarter, compared to analyst estimates of $23.91 billion. During the same period in the previous year, the company posted $2.75 EPS. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year. On average, sell-side analysts predict that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Tuesday, February 17th will be given a $1.64 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.8%. United Parcel Service’s payout ratio is presently 100.00%.

Trending Headlines about United Parcel Service

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: A U.S. judge has cleared UPS to offer up to $150,000 voluntary buyouts to unionized drivers, allowing the company to move ahead with plans to reduce headcount and reshape its network — a concrete step to accelerate labor-related cost savings. UPS can offer $150,000 buyouts to unionized drivers, US judge rules
• Positive Sentiment: Coverage highlights UPS’s broader cost plan — including cuts of ~30,000 roles, reduced Amazon volumes and additional network reconfiguration — which management says should deliver multibillion-dollar savings and help margins over time. These actions support the company’s margin-recovery thesis despite near-term disruption. UPS Gets Court Approval for $150K Driver Buyouts: Will This Ease Cost?
• Positive Sentiment: Longer-term investor commentary points to a structural turnaround: targets for higher automation, expansion into healthcare logistics, and a shift from volume growth to higher-margin services that could drive multi-year margin improvement if execution stays on track. United Parcel Service: From Legacy Drag To Margin Inflection
• Neutral Sentiment: Investor attention is elevated (Zacks notes increased searches/interest), which can amplify moves but doesn’t by itself signal a directional catalyst. Watch quarterly updates and execution on buyouts and volume mix for clearer direction. United Parcel Service, Inc. (UPS) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Income/valuation concerns persist: analysis argues dividend-cut fears have eased but upside is limited given the current yield and the stock’s valuation; investors seeking significant near-term share-price gains may remain disappointed until clearer revenue recovery. UPS: Dividend Cut Fears Mostly Gone, But So Is The Upside

United Parcel Service Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.