Willis Investment Counsel Purchases 20,817 Shares of United Parcel Service, Inc. $UPS

Willis Investment Counsel grew its position in United Parcel Service, Inc. (NYSE:UPS) by 8.7% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 260,548 shares of the transportation company’s stock after acquiring an additional 20,817 shares during the quarter. United Parcel Service accounts for 1.5% of Willis Investment Counsel’s portfolio, making the stock its 22nd biggest holding. Willis Investment Counsel’s holdings in United Parcel Service were worth $26,300,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mid American Wealth Advisory Group Inc. purchased a new stake in United Parcel Service during the second quarter valued at $26,000. Hemington Wealth Management grew its stake in shares of United Parcel Service by 68.9% in the 1st quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock worth $31,000 after buying an additional 115 shares in the last quarter. Saudi Central Bank bought a new stake in shares of United Parcel Service in the 1st quarter worth about $32,000. Flaharty Asset Management LLC purchased a new stake in shares of United Parcel Service during the 1st quarter valued at about $33,000. Finally, RMG Wealth Management LLC bought a new position in shares of United Parcel Service in the 2nd quarter valued at about $34,000. 60.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages have weighed in on UPS. Weiss Ratings reissued a “sell (d+)” rating on shares of United Parcel Service in a research note on Wednesday, October 8th. Evercore ISI decreased their price target on United Parcel Service from $103.00 to $97.00 and set an “in-line” rating on the stock in a report on Wednesday, July 30th. Truist Financial lifted their price objective on shares of United Parcel Service from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. UBS Group raised their target price on shares of United Parcel Service from $110.00 to $113.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. Finally, Stifel Nicolaus cut their price target on shares of United Parcel Service from $120.00 to $109.00 and set a “buy” rating on the stock in a report on Tuesday, October 28th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, United Parcel Service has a consensus rating of “Hold” and an average price target of $110.00.

United Parcel Service Trading Down 1.5%

Shares of UPS opened at $91.00 on Friday. United Parcel Service, Inc. has a 1-year low of $82.00 and a 1-year high of $138.67. The company has a 50-day moving average of $88.58 and a 200 day moving average of $92.83. The firm has a market capitalization of $77.20 billion, a price-to-earnings ratio of 14.06, a PEG ratio of 2.29 and a beta of 1.11. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.30 and a quick ratio of 1.32.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.43. The business had revenue of $21.42 billion for the quarter, compared to the consensus estimate of $20.94 billion. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The company’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.76 EPS. United Parcel Service has set its Q4 2025 guidance at EPS. On average, research analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, November 17th will be issued a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 7.2%. The ex-dividend date is Monday, November 17th. United Parcel Service’s dividend payout ratio (DPR) is presently 101.39%.

United Parcel Service Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.