Silvant Capital Management LLC trimmed its position in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 86.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 958 shares of the transportation company’s stock after selling 6,171 shares during the quarter. Silvant Capital Management LLC’s holdings in United Parcel Service were worth $97,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors have also recently modified their holdings of the company. Evelyn Partners Investment Management Europe Ltd grew its stake in United Parcel Service by 110.1% in the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 131 shares during the period. Mid American Wealth Advisory Group Inc. purchased a new position in shares of United Parcel Service in the second quarter worth about $26,000. Hemington Wealth Management raised its holdings in United Parcel Service by 68.9% during the 1st quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock valued at $31,000 after acquiring an additional 115 shares during the period. Saudi Central Bank bought a new position in shares of United Parcel Service in the first quarter worth $32,000. Finally, Flaharty Asset Management LLC purchased a new stake in United Parcel Service during the 1st quarter worth about $33,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.
Analyst Ratings Changes
UPS has been the topic of several analyst reports. Stifel Nicolaus decreased their price target on United Parcel Service from $120.00 to $109.00 and set a “buy” rating on the stock in a research report on Tuesday, October 28th. JPMorgan Chase & Co. boosted their price objective on shares of United Parcel Service from $85.00 to $97.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. Barclays lowered their target price on shares of United Parcel Service from $90.00 to $80.00 and set an “underweight” rating on the stock in a research note on Thursday, July 31st. Citigroup raised their price target on shares of United Parcel Service from $112.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of United Parcel Service from $100.00 to $88.00 and set a “hold” rating on the stock in a report on Thursday, October 2nd. One 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. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $110.00.
United Parcel Service Price Performance
UPS stock opened at $95.61 on Friday. The stock has a market capitalization of $81.11 billion, a price-to-earnings ratio of 14.78, a PEG ratio of 2.29 and a beta of 1.11. The firm’s 50-day moving average price is $89.60 and its two-hundred day moving average price is $92.81. The company has a current ratio of 1.30, a quick ratio of 1.32 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 $137.10.
United Parcel Service (NYSE:UPS – Get Free Report) last posted its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.43. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The company had revenue of $21.42 billion for the quarter, compared to analysts’ expectations of $20.94 billion. During the same period last year, the firm earned $1.76 earnings per share. United Parcel Service’s quarterly revenue was down 3.7% on a year-over-year basis. United Parcel Service has set its Q4 2025 guidance at EPS. As a group, equities analysts predict that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.
United Parcel Service Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Monday, November 17th will be paid a dividend of $1.64 per share. The ex-dividend date of this dividend is Monday, November 17th. This represents a $6.56 annualized dividend and a dividend yield of 6.9%. United Parcel Service’s payout ratio is 101.39%.
About United Parcel Service
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.
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