California State Teachers Retirement System Increases Stock Position in United Parcel Service, Inc. $UPS

California State Teachers Retirement System lifted its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 12,975.5% in the second quarter, HoldingsChannel.com reports. The firm owned 112,070,470 shares of the transportation company’s stock after purchasing an additional 111,213,365 shares during the period. California State Teachers Retirement System owned about 0.13% of United Parcel Service worth $12,047,576,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Potomac Fund Management Inc. ADV lifted its stake in United Parcel Service by 0.8% in the fourth quarter. Potomac Fund Management Inc. ADV now owns 11,324 shares of the transportation company’s stock worth $1,123,000 after acquiring an additional 90 shares during the period. Ipsen Advisor Group LLC increased its position in United Parcel Service by 1.7% during the 4th quarter. Ipsen Advisor Group LLC now owns 5,670 shares of the transportation company’s stock valued at $562,000 after purchasing an additional 95 shares during the period. Legacy Wealth Managment LLC ID raised its holdings in United Parcel Service by 48.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company’s stock worth $30,000 after purchasing an additional 101 shares in the last quarter. Wealth Alliance LLC raised its holdings in United Parcel Service by 3.5% in the 1st quarter. Wealth Alliance LLC now owns 3,013 shares of the transportation company’s stock worth $296,000 after purchasing an additional 102 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its position in shares of United Parcel Service by 1.6% in the 4th quarter. Lazard Asset Management LLC now owns 6,477 shares of the transportation company’s stock worth $642,000 after purchasing an additional 103 shares during the period. Institutional investors own 60.26% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Susquehanna lifted their target price on shares of United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Stifel Nicolaus increased their price target on shares of United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Oppenheimer raised their price objective on shares of United Parcel Service from $115.00 to $117.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Stephens cut their price objective on United Parcel Service from $135.00 to $130.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Finally, UBS Group upped their target price on United Parcel Service from $123.00 to $124.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $117.41.

United Parcel Service Stock Performance

Shares of United Parcel Service stock opened at $100.55 on Wednesday. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $122.41. The firm has a market capitalization of $85.55 billion, a P/E ratio of 18.69, a P/E/G ratio of 1.83 and a beta of 1.06. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.58. The business has a fifty day simple moving average of $107.53 and a two-hundred day simple moving average of $105.19.

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

United Parcel Service Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th were issued a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 6.5%. The ex-dividend date was Monday, August 17th. United Parcel Service’s dividend payout ratio is 121.93%.

United Parcel Service Company Profile

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company that provides transportation, distribution and supply-chain services. Its offerings include time-definite delivery of packages and documents, ground and air transportation, international shipping, freight services, customs brokerage and logistics management.

UPS serves businesses and consumers in the United States and across international markets, connecting customers in more than 200 countries and territories.