SG Americas Securities LLC Increases Stock Position in United Parcel Service, Inc. $UPS

SG Americas Securities LLC lifted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 179.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 824,050 shares of the transportation company’s stock after buying an additional 529,055 shares during the period. SG Americas Securities LLC’s holdings in United Parcel Service were worth $81,070,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. raised its holdings in United Parcel Service by 1.8% in the fourth quarter. Vanguard Group Inc. now owns 68,496,420 shares of the transportation company’s stock valued at $6,794,160,000 after buying an additional 1,218,432 shares during the period. State Street Corp lifted its stake in shares of United Parcel Service by 3.3% during the fourth quarter. State Street Corp now owns 32,092,627 shares of the transportation company’s stock worth $3,183,268,000 after purchasing an additional 1,029,377 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of United Parcel Service by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 27,142,759 shares of the transportation company’s stock worth $2,692,290,000 after buying an additional 856,125 shares during the period. Geode Capital Management LLC boosted its position in shares of United Parcel Service by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 17,154,091 shares of the transportation company’s stock worth $1,703,291,000 after buying an additional 240,253 shares during the period. Finally, Victory Capital Management Inc. boosted its holdings in United Parcel Service by 72.9% in the 4th quarter. Victory Capital Management Inc. now owns 13,818,314 shares of the transportation company’s stock worth $1,370,639,000 after acquiring an additional 5,826,824 shares during the period. 60.26% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting United Parcel Service

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

• Positive Sentiment: UPS announced a $48 million investment in 27 temperature-controlled freight cross-dock facilities across the U.S., Europe, Asia, and the Americas, expanding its healthcare logistics network and positioning the company to benefit from growing demand for refrigerated pharmaceuticals and other sensitive medical shipments. Article: UPS Extends Complex Healthcare Logistics Lead with $48 Million Investment in Temperature-Controlled Freight Cross-Dock Facilities
• Positive Sentiment: UPS is also expanding the use of artificial intelligence across tracking, customer support, and global logistics, aiming for higher automation and better shipment visibility, which could improve efficiency and margins over time. Article: UPS Harnesses AI to Boost Network Efficiency and Shipment Visibility
• Neutral Sentiment: One report noted UPS is exploring outsourcing some UK parcel delivery work to third-party couriers, a possible cost-cutting move that may help efficiency but could also signal labor restructuring. Article: UPS explores outsourcing UK parcel delivery to third-party couriers

Wall Street Analyst Weigh In

UPS has been the subject of several recent research reports. Citigroup increased their price objective on shares of United Parcel Service from $118.00 to $127.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. Weiss Ratings downgraded shares of United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, May 8th. Susquehanna raised their price target on shares of United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. UBS Group dropped their price target on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating on the stock in a research note on Wednesday, April 29th. Finally, Evercore cut their price objective on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, United Parcel Service currently has an average rating of “Hold” and a consensus price target of $111.50.

United Parcel Service Price Performance

UPS stock opened at $107.20 on Tuesday. The stock’s 50 day moving average is $104.21 and its two-hundred day moving average is $104.62. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41. The company has a market capitalization of $91.12 billion, a PE ratio of 17.35, a P/E/G ratio of 1.67 and a beta of 1.05. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.50.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.02 by $0.05. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The company had revenue of $21.20 billion during the quarter, compared to analysts’ expectations of $20.99 billion. During the same period in the prior year, the business posted $1.49 EPS. The business’s revenue was down 1.4% on a year-over-year basis. Analysts predict that United Parcel Service, Inc. will post 7.1 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Monday, May 18th were issued a $1.64 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $6.56 annualized dividend and a yield of 6.1%. United Parcel Service’s dividend payout ratio is currently 106.15%.

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.