Mitsubishi UFJ Trust & Banking Corp Decreases Stock Holdings in United Parcel Service, Inc. $UPS

Mitsubishi UFJ Trust & Banking Corp lowered its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 9.5% during the second quarter, Holdings Channel.com reports. The firm owned 333,423 shares of the transportation company’s stock after selling 35,037 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in United Parcel Service were worth $33,656,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in UPS. Mid American Wealth Advisory Group Inc. bought a new stake in shares of United Parcel Service in the 2nd quarter valued at about $26,000. Hemington Wealth Management lifted its position in United Parcel Service by 68.9% during the first 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 last quarter. Saudi Central Bank acquired a new stake in United Parcel Service in the first quarter valued at approximately $32,000. Flaharty Asset Management LLC purchased a new position in United Parcel Service in the first quarter worth $33,000. Finally, RMG Wealth Management LLC acquired a new position in shares of United Parcel Service during the second quarter worth $34,000. 60.26% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on UPS. Morgan Stanley lowered their price objective on United Parcel Service from $80.00 to $75.00 and set an “underweight” rating for the company in a research report on Wednesday, July 30th. BMO Capital Markets reiterated a “market perform” rating and issued a $96.00 price target (down from $125.00) on shares of United Parcel Service in a research note on Friday, September 19th. Truist Financial boosted their price target on United Parcel Service from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Oppenheimer decreased their price objective on shares of United Parcel Service from $114.00 to $100.00 and set an “outperform” rating for the company in a research report on Wednesday, July 30th. Finally, UBS Group lifted their target price on shares of United Parcel Service from $110.00 to $113.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, United Parcel Service currently has an average rating of “Hold” and an average target price of $110.00.

Insider Transactions at United Parcel Service

In other United Parcel Service news, Director Christiana Smith Shi bought 500 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The stock was bought at an average cost of $88.17 per share, for a total transaction of $44,085.00. Following the completion of the transaction, the director directly owned 500 shares of the company’s stock, valued at approximately $44,085. This trade represents a ? increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.13% of the stock is owned by corporate insiders.

United Parcel Service Trading Down 0.2%

Shares of NYSE:UPS opened at $96.00 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.30 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $138.67. The stock has a market cap of $81.36 billion, a price-to-earnings ratio of 14.84, a PEG ratio of 2.29 and a beta of 1.11. The business has a 50-day moving average price of $87.69 and a 200-day moving average price of $92.92.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.31 by $0.43. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The company had revenue of $21.42 billion for the quarter, compared to the consensus estimate of $20.94 billion. During the same quarter in the prior year, the company earned $1.76 EPS. 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. Equities analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Monday, November 17th will be paid a $1.64 dividend. The ex-dividend date is Monday, November 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.8%. United Parcel Service’s dividend payout ratio 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.