Fluent Financial LLC Sells 30,067 Shares of United Parcel Service, Inc. $UPS

Fluent Financial LLC decreased its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 55.2% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 24,390 shares of the transportation company’s stock after selling 30,067 shares during the quarter. United Parcel Service makes up approximately 0.9% of Fluent Financial LLC’s portfolio, making the stock its 23rd largest position. Fluent Financial LLC’s holdings in United Parcel Service were worth $2,622,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. IFC & Insurance Marketing Inc. bought a new position in United Parcel Service during the fourth quarter worth about $25,000. University of Texas Texas AM Investment Management Co. bought a new stake in United Parcel Service in the 4th quarter valued at about $25,000. Coston McIsaac & Partners boosted its holdings in United Parcel Service by 77.8% in the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 119 shares during the period. Torren Management LLC acquired a new position in shares of United Parcel Service during the 4th quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of United Parcel Service during the 4th quarter worth approximately $29,000. Institutional investors and hedge funds own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

UPS has been the topic of several recent research reports. Susquehanna raised their target price on shares of United Parcel Service from $118.00 to $120.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Stifel Nicolaus increased their price target on 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 raised their price objective on United Parcel Service from $115.00 to $117.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. Citizens Jmp assumed coverage on United Parcel Service in a report on Wednesday, July 15th. They issued a “market perform” rating for the company. Finally, Evercore cut their target price 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. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, United Parcel Service currently has a consensus rating of “Hold” and an average target price of $117.41.

United Parcel Service Stock Up 0.1%

Shares of NYSE:UPS opened at $104.56 on Monday. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41. The company has a market capitalization of $88.88 billion, a PE ratio of 19.43, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.18 and a current ratio of 1.18. The company has a fifty day moving average of $109.33 and a 200-day moving average of $106.62.

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

United Parcel Service Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th will be issued 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.