Martin Capital Partners LLC Cuts Position in United Parcel Service, Inc. $UPS

Martin Capital Partners LLC reduced its holdings in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) by 95.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,299 shares of the transportation company’s stock after selling 49,022 shares during the quarter. Martin Capital Partners LLC’s holdings in United Parcel Service were worth $247,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Potomac Fund Management Inc. ADV raised its stake in shares of United Parcel Service by 0.8% in the 4th quarter. Potomac Fund Management Inc. ADV now owns 11,324 shares of the transportation company’s stock valued at $1,123,000 after acquiring an additional 90 shares during the period. Westbourne Investments Inc. increased its holdings in United Parcel Service by 1.2% in the 4th quarter. Westbourne Investments Inc. now owns 7,876 shares of the transportation company’s stock valued at $781,000 after purchasing an additional 91 shares in the last quarter. Ipsen Advisor Group LLC raised its position in United Parcel Service by 1.7% in the fourth quarter. Ipsen Advisor Group LLC now owns 5,670 shares of the transportation company’s stock valued at $562,000 after purchasing an additional 95 shares during the period. Webster Bank N. A. lifted its stake in shares of United Parcel Service by 16.7% during the fourth quarter. Webster Bank N. A. now owns 698 shares of the transportation company’s stock worth $69,000 after purchasing an additional 100 shares in the last quarter. Finally, Peoples Financial Services CORP. grew its stake in shares of United Parcel Service by 2.5% in the fourth quarter. Peoples Financial Services CORP. now owns 4,030 shares of the transportation company’s stock valued at $400,000 after buying an additional 100 shares in the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Stock Up 2.1%

UPS stock opened at $109.17 on Wednesday. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $122.41. The company has a current ratio of 1.18, a quick ratio of 1.21 and a debt-to-equity ratio of 1.58. The company has a market capitalization of $92.79 billion, a P/E ratio of 20.29, a PEG ratio of 1.93 and a beta of 1.06. The firm has a 50 day simple moving average of $109.38 and a 200-day simple moving average of $106.67.

United Parcel Service (NYSE:UPSGet Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.11. The firm had revenue of $22.83 billion for the quarter, compared to analysts’ expectations of $21.86 billion. United Parcel Service had a net margin of 5.08% and a return on equity of 37.50%. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.55 earnings per share. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. On average, equities research analysts predict that United Parcel Service, Inc. will post 7.21 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on UPS. Stifel Nicolaus boosted their price target on United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Citigroup increased their price objective on shares of United Parcel Service from $127.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. UBS Group lifted their price target on shares of United Parcel Service from $123.00 to $124.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Citizens Jmp began coverage on shares of United Parcel Service in a report on Wednesday, July 15th. They issued a “market perform” rating on the stock. Finally, Susquehanna raised their target price on United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $117.41.

Read Our Latest Stock Analysis on UPS

About United Parcel Service

(Free Report)

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.

See Also

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

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