United Parcel Service (NYSE:UPS) Stock: Insider Matthew Guffey Sells 8,318 Shares

United Parcel Service, Inc. (NYSE:UPS) insider Matthew Guffey sold 8,318 shares of the firm’s stock in a transaction dated Wednesday, October 28th. The shares were sold at an average price of $105.39, for a total transaction of $876,634.02. Following the transaction, the insider directly owned 271 shares in the company, valued at approximately $28,560.69. The trade was a 96.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

United Parcel Service Price Performance

NYSE UPS traded up $1.02 on Friday, reaching $108.35. 5,428,381 shares of the stock traded hands, compared to its average volume of 5,618,266. The firm’s fifty day simple moving average is $99.08 and its 200 day simple moving average is $104.63. The company has a quick ratio of 1.18, a current ratio of 1.24 and a debt-to-equity ratio of 1.67. The company has a market cap of $92.18 billion, a price-to-earnings ratio of 20.84, a P/E/G ratio of 1.89 and a beta of 1.07. United Parcel Service, Inc. has a 12 month low of $90.84 and a 12 month high of $122.41.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, October 27th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. United Parcel Service had a return on equity of 37.78% and a net margin of 4.84%. The firm had revenue of $22.90 billion for the quarter, compared to analyst estimates of $22.27 billion. During the same period in the previous year, the company earned $1.74 earnings per share. United Parcel Service’s revenue was up 6.9% compared to the same quarter last year. As a group, research analysts predict that United Parcel Service, Inc. will post 7.29 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th were given a dividend of $1.64 per share. The ex-dividend date was Monday, August 17th. This represents a $6.56 annualized dividend and a dividend yield of 6.1%. United Parcel Service’s dividend payout ratio (DPR) is 126.15%.

Institutional Investors Weigh In On United Parcel Service

Several hedge funds have recently made changes to their positions in UPS. Provenance Wealth Advisors LLC raised its stake in shares of United Parcel Service by 1,453.4% in the third quarter. Provenance Wealth Advisors LLC now owns 1,600 shares of the transportation company’s stock valued at $150,000 after purchasing an additional 1,497 shares in the last quarter. Associated Banc Corp acquired a new stake in United Parcel Service during the third quarter worth $1,003,000. Putney Financial Group LLC bought a new stake in United Parcel Service in the 3rd quarter valued at $42,000. Richwood Investment Advisors LLC increased its holdings in United Parcel Service by 3.4% in the 3rd quarter. Richwood Investment Advisors LLC now owns 6,376 shares of the transportation company’s stock valued at $596,000 after buying an additional 210 shares during the period. Finally, Oregon Public Employees Retirement Fund raised its stake in shares of United Parcel Service by 0.3% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 92,095 shares of the transportation company’s stock valued at $8,605,000 after buying an additional 300 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on UPS. Wells Fargo & Company boosted their target price on shares of United Parcel Service from $110.00 to $112.00 and gave the stock an “equal weight” rating in a report on Wednesday. Susquehanna lifted their price target on shares of United Parcel Service from $118.00 to $120.00 and gave the stock a “neutral” rating in a research report on Wednesday, July 29th. UBS Group lifted their price target on shares of United Parcel Service from $124.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday. TD Cowen upped their price target on United Parcel Service from $115.00 to $116.00 and gave the company a “hold” rating in a report on Wednesday. Finally, Weiss Ratings upgraded United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, August 17th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, United Parcel Service currently has a consensus rating of “Hold” and an average target price of $118.45.

Trending Headlines about United Parcel Service

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

• Positive Sentiment: Q3 results exceeded expectations. UPS reported better-than-anticipated revenue and adjusted earnings, supported by growth in premium U.S. domestic services and international trade lanes. Management said automation, improved customer mix and higher-value offerings helped revenue per package grow faster than cost per package. 5 revealing analyst questions from United Parcel Service’s Q3 earnings call
• Positive Sentiment: Management raised its outlook despite lower package volume. The strategy is shifting toward more profitable shipments rather than maximizing total volume, which reassured investors that pricing, productivity and mix improvements can support earnings and the dividend. Why Did United Parcel Service Raise Guidance Despite Falling Volume?
• Positive Sentiment: Analysts became more constructive. Wells Fargo, Truist, Citi, Oppenheimer, Barclays, Bank of America and UBS issued bullish outlooks or raised UPS price targets. UBS increased its target to $125, while Citi lifted its target to $131, implying meaningful potential upside from recent levels. Citigroup analyst outlook
• Neutral Sentiment: Automation is a key execution test. UPS expects machines to handle about 70% of packages during the holiday season. The investment could improve efficiency and protect margins, but results depend on meeting productivity targets during peak demand. 70% of UPS Packages Will Be Handled by Machines This Holiday Season
• Negative Sentiment: Longer-term concerns remain. UPS has faced declining volumes and competitive pressure from FedEx, and a decade-long share-price decline has raised questions about whether dividends have fully offset capital losses. These issues could limit the recovery if margin improvements fail to persist. $1,000 in UPS Stock 10 Years Ago

About United Parcel Service

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.