James J. Burns & Company LLC Takes $489,000 Position in United Parcel Service, Inc. $UPS

James J. Burns & Company LLC acquired a new position in United Parcel Service, Inc. (NYSE:UPS) during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,970 shares of the transportation company’s stock, valued at approximately $489,000.

Other institutional investors have also recently made changes to their positions in the company. Vanguard Group Inc. grew its position in United Parcel Service by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 68,496,420 shares of the transportation company’s stock worth $6,794,160,000 after purchasing an additional 1,218,432 shares during the period. State Street Corp lifted its holdings in shares of United Parcel Service by 3.3% in the 4th quarter. State Street Corp now owns 32,092,627 shares of the transportation company’s stock valued at $3,183,268,000 after buying an additional 1,029,377 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in shares of United Parcel Service by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 27,142,759 shares of the transportation company’s stock valued at $2,692,290,000 after buying an additional 856,125 shares during the period. Geode Capital Management LLC boosted its stake 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 last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of United Parcel Service by 72.9% in the fourth 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. Hedge funds and other institutional investors own 60.26% of the company’s stock.

United Parcel Service Stock Performance

Shares of UPS stock opened at $107.20 on Tuesday. The company has a market capitalization of $91.12 billion, a P/E ratio of 17.35, a P/E/G ratio of 1.67 and a beta of 1.05. The business’s 50 day moving average is $104.21 and its two-hundred day moving average is $104.62. The company has a current ratio of 1.21, a quick ratio of 1.21 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a 12-month low of $82.00 and a 12-month high of $122.41.

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

United Parcel Service Announces Dividend

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

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on UPS. Susquehanna lifted their price target on United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Evercore lowered their price objective on United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a research report on Wednesday, April 22nd. Weiss Ratings cut shares of United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, May 8th. UBS Group cut their target price on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Finally, Citigroup boosted their target price on shares of United Parcel Service from $118.00 to $127.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat, United Parcel Service has an average rating of “Hold” and an average target price of $111.50.

United Parcel Service News Roundup

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

United Parcel Service Company 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.