United Parcel Service, Inc. $UPS Shares Sold by Quantitative Investment Management LLC

Quantitative Investment Management LLC cut its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 26.9% during the second quarter, Holdings Channel reports. The firm owned 16,220 shares of the transportation company’s stock after selling 5,966 shares during the quarter. Quantitative Investment Management LLC’s holdings in United Parcel Service were worth $1,743,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. University of Texas Texas AM Investment Management Co. purchased a new position in United Parcel Service in the 4th quarter worth about $25,000. IFC & Insurance Marketing Inc. purchased a new stake in United Parcel Service during the fourth quarter valued at about $25,000. Coston McIsaac & Partners lifted its stake in United Parcel Service by 77.8% during the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after buying an additional 119 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new position in shares of United Parcel Service in the fourth quarter worth about $29,000. Finally, Legacy Wealth Managment LLC ID boosted its holdings in shares of United Parcel Service by 48.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company’s stock worth $30,000 after buying an additional 101 shares during the period. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Price Performance

Shares of UPS opened at $104.16 on Tuesday. The business’s 50-day moving average is $108.14 and its 200-day moving average is $105.85. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.18 and a quick ratio of 1.18. The company has a market capitalization of $88.62 billion, a price-to-earnings ratio of 19.36, a P/E/G ratio of 1.90 and a beta of 1.06. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.65 by $0.11. United Parcel Service had a net margin of 5.08% and a return on equity of 37.50%. The business had revenue of $22.83 billion during the quarter, compared to analysts’ expectations of $21.86 billion. During the same period last year, the company posted $1.55 earnings per share. The firm’s quarterly 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. Equities research analysts expect that United Parcel Service, Inc. will post 7.22 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th will be paid a dividend of $1.64 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.3%. United Parcel Service’s dividend payout ratio (DPR) is 121.93%.

Analysts Set New Price Targets

UPS has been the topic of several analyst reports. BMO Capital Markets lifted their target price on shares of United Parcel Service from $110.00 to $115.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 29th. UBS Group raised their price objective 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. Stifel Nicolaus lifted their price objective on shares of United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Oppenheimer boosted their target price 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. Finally, Weiss Ratings upgraded United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, United Parcel Service has a consensus rating of “Hold” and a consensus price target of $117.41.

United Parcel Service 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.