FNY Investment Advisers LLC Sells 11,418 Shares of United Parcel Service, Inc. $UPS

FNY Investment Advisers LLC reduced its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 95.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 521 shares of the transportation company’s stock after selling 11,418 shares during the period. FNY Investment Advisers LLC’s holdings in United Parcel Service were worth $56,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in UPS. University of Texas Texas AM Investment Management Co. purchased a new position in United Parcel Service in the 4th quarter worth $25,000. IFC & Insurance Marketing Inc. bought a new position in United Parcel Service in the 4th quarter worth $25,000. Coston McIsaac & Partners boosted its position in United Parcel Service by 77.8% during the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 119 shares in the last quarter. Torren Management LLC purchased a new stake in United Parcel Service in the fourth quarter worth $29,000. Finally, Kemnay Advisory Services Inc. purchased a new position in United Parcel Service during the 4th quarter valued at about $29,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on UPS shares. Oppenheimer upped their price target on shares of United Parcel Service from $115.00 to $117.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Evercore reduced their price objective on United Parcel Service from $115.00 to $113.00 and set an “in-line” rating for the company in a research report on Wednesday, April 22nd. Weiss Ratings downgraded shares of United Parcel Service from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, August 3rd. Stifel Nicolaus lifted their price objective on United Parcel Service from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Finally, UBS Group upped their target price on shares of United Parcel Service from $123.00 to $124.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, United Parcel Service presently has a consensus rating of “Hold” and an average price target of $117.41.

United Parcel Service Stock Up 1.3%

Shares of NYSE UPS opened at $104.56 on Friday. The stock has a market capitalization of $88.88 billion, a price-to-earnings ratio of 19.43, a P/E/G ratio of 1.89 and a beta of 1.06. United Parcel Service, Inc. has a 12-month low of $82.00 and a 12-month high of $122.41. The firm’s 50-day moving average price is $109.33 and its 200-day moving average price is $106.62. The company has a current ratio of 1.18, a quick ratio of 1.21 and a debt-to-equity ratio of 1.58.

United Parcel Service (NYSE:UPS) last announced its earnings results on Tuesday, July 28th. The transportation company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.11. The firm had revenue of $22.83 billion during the quarter, compared to analysts’ expectations of $21.86 billion. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.The company’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.55 EPS. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. On average, equities research analysts anticipate that United Parcel Service, Inc. will post 7.22 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

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

About United Parcel Service

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.