United Parcel Service (NYSE:UPS) Shares Down 3% – Time to Sell?

United Parcel Service, Inc. (NYSE:UPS)’s stock price traded down 3% on Thursday. The company traded as low as $110.48 and last traded at $110.8260. Approximately 7,687,887 shares were traded during mid-day trading, an increase of 37% from the average daily volume of 5,623,053 shares. The stock had previously closed at $114.31.

Key United Parcel Service News

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

• Positive Sentiment: UPS declared a quarterly dividend of $1.64 per share, equivalent to $6.56 annually and a reported yield of about 5.9%. The payment is scheduled for December 3 for shareholders of record November 16. Earlier coverage also highlighted stronger results and higher full-year guidance, which may support investor confidence. Dividend and outlook coverage
• Neutral Sentiment: UPS appointed Shannon Eisenhardt, a former senior finance and operations executive at Reckitt and NIKE, to its board and Audit Committee. Her experience may strengthen financial oversight, though the appointment is not an immediate earnings catalyst. Board appointment coverage
• Neutral Sentiment: The company is hiring more than 1,000 seasonal workers in the Kansas City area. The recruitment supports holiday operations, but seasonal hiring alone offers limited evidence about broader demand and may bring additional costs. Kansas City seasonal hiring article
• Negative Sentiment: Recent coverage says investors questioned UPS’s margins and valuation after its third-quarter report. The stock’s initial reaction was negative despite roughly $22.9 billion in revenue, suggesting profitability concerns are offsetting the revenue result and positive outlook. Q3 margin concerns article

Analysts Set New Price Targets

A number of analysts have recently issued reports on UPS shares. Truist Financial lifted their target price on United Parcel Service from $115.00 to $120.00 and gave the stock a “buy” rating in a research report on Wednesday, October 28th. TD Cowen increased 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, October 28th. Wells Fargo & Company raised their price objective on United Parcel Service from $110.00 to $112.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 28th. JPMorgan Chase & Co. dropped their price objective on United Parcel Service from $118.00 to $115.00 and set a “neutral” rating on the stock in a report on Wednesday, July 29th. Finally, Evercore upped their target price on United Parcel Service from $117.00 to $118.00 in a research report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $118.45.

United Parcel Service Trading Down 2.4%

The company has a market cap of $92.22 billion, a P/E ratio of 20.84, a P/E/G ratio of 1.97 and a beta of 0.98. The business has a fifty day simple moving average of $99.81 and a 200 day simple moving average of $104.71. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.18 and a current ratio of 1.24.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Wednesday, November 4th. The transportation company reported $1.69 earnings per share for the quarter. The business had revenue of $22.85 billion during the quarter. United Parcel Service had a return on equity of 37.78% and a net margin of 4.84%. Analysts anticipate that United Parcel Service, Inc. will post 7.28 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Monday, November 16th will be given a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date is Monday, November 16th. United Parcel Service’s dividend payout ratio (DPR) is presently 126.15%.

Insider Buying and Selling at United Parcel Service

In related news, insider Matthew Guffey sold 8,318 shares of the business’s stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $105.39, for a total transaction of $876,634.02. Following the completion of the transaction, the insider owned 271 shares in the company, valued at $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 hyperlink. Insiders own 0.19% of the company’s stock.

Hedge Funds Weigh In On United Parcel Service

Several institutional investors have recently modified their holdings of the company. Sigma Planning Corp increased its holdings in shares of United Parcel Service by 37.1% during the first quarter. Sigma Planning Corp now owns 36,722 shares of the transportation company’s stock valued at $3,613,000 after purchasing an additional 9,941 shares during the period. First Trust Advisors LP grew its position in United Parcel Service by 37.4% in the 1st quarter. First Trust Advisors LP now owns 3,631,133 shares of the transportation company’s stock valued at $357,231,000 after buying an additional 988,442 shares in the last quarter. Candriam S.C.A. grew its position in United Parcel Service by 29.6% in the 1st quarter. Candriam S.C.A. now owns 91,015 shares of the transportation company’s stock valued at $8,954,000 after buying an additional 20,791 shares in the last quarter. National Pension Service grew its position in United Parcel Service by 1.5% in the 2nd quarter. National Pension Service now owns 2,379,189 shares of the transportation company’s stock valued at $255,763,000 after buying an additional 36,099 shares in the last quarter. Finally, D.A. Davidson & CO. increased its stake in United Parcel Service by 24.9% during the 1st quarter. D.A. Davidson & CO. now owns 161,007 shares of the transportation company’s stock valued at $15,840,000 after buying an additional 32,090 shares during the period. Institutional investors own 60.26% of the company’s stock.

About United Parcel Service

United Parcel Service, Inc (UPS) is a global package delivery and logistics company. Its services include domestic and international shipping, air and ground delivery, freight forwarding, customs brokerage, and supply chain management.

UPS also provides solutions for businesses, including warehousing, inventory management, healthcare logistics, and returns processing. Its network serves customers in more than 200 countries and territories.

Founded in Seattle in 1907 as the American Messenger Company, UPS is headquartered in Atlanta, Georgia.