Wall Street Zen Downgrades United Parcel Service (NYSE:UPS) to Hold

United Parcel Service (NYSE:UPS) was downgraded by analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday, Wall Street Zen reports.

A number of other equities research analysts have also recently commented on the stock. Oppenheimer increased their price objective on shares of United Parcel Service from $115.00 to $117.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. UBS Group lifted their target price on shares of United Parcel Service from $123.00 to $124.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Susquehanna upped their price target on shares of United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Citigroup upped their price target on shares of United Parcel Service from $127.00 to $132.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Finally, Citizens Jmp started coverage on shares of United Parcel Service in a research report on Wednesday, July 15th. They issued a “market perform” rating on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, United Parcel Service presently has a consensus rating of “Hold” and a consensus target price of $117.41.

United Parcel Service Stock Performance

Shares of UPS stock opened at $99.01 on Friday. The stock has a fifty day moving average price of $105.85 and a 200 day moving average price of $104.33. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a market cap of $84.23 billion, a PE ratio of 18.40, a P/E/G ratio of 1.77 and a beta of 1.06. United Parcel Service has a 1 year low of $82.00 and a 1 year high of $122.41.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.11. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.The company had revenue of $22.83 billion for the quarter, compared to analyst estimates of $21.86 billion. During the same quarter in the prior year, the company earned $1.55 earnings per share. United Parcel Service’s revenue was up 7.6% compared to the same quarter last year. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. Sell-side analysts forecast that United Parcel Service will post 7.22 earnings per share for the current fiscal year.

Institutional Investors Weigh In On United Parcel Service

A number of institutional investors have recently bought and sold shares of UPS. Geode Capital Management LLC grew its stake in shares of United Parcel Service by 1.4% during the 4th quarter. Geode Capital Management LLC now owns 17,154,091 shares of the transportation company’s stock valued at $1,703,291,000 after buying an additional 240,253 shares during the period. Victory Capital Management Inc. increased its holdings in shares of United Parcel Service by 72.9% during 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 buying an additional 5,826,824 shares during the last quarter. Bank of America Corp DE raised its position in shares of United Parcel Service by 23.3% in the 1st quarter. Bank of America Corp DE now owns 9,728,123 shares of the transportation company’s stock worth $957,053,000 after buying an additional 1,836,651 shares during the period. Norges Bank purchased a new position in shares of United Parcel Service in the 4th quarter worth $902,446,000. Finally, Dimensional Fund Advisors LP boosted its holdings in United Parcel Service by 5.7% in the first quarter. Dimensional Fund Advisors LP now owns 5,037,626 shares of the transportation company’s stock valued at $495,411,000 after acquiring an additional 271,646 shares during the last quarter. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

About United Parcel Service

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company that provides transportation, distribution and supply-chain services. Its offerings include time-definite delivery of packages and documents, ground and air transportation, international shipping, freight services, customs brokerage and logistics management.

UPS serves businesses and consumers in the United States and across international markets, connecting customers in more than 200 countries and territories.