Skandinaviska Enskilda Banken AB publ Purchases 6,221 Shares of United Parcel Service, Inc. $UPS

Skandinaviska Enskilda Banken AB publ grew its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 4.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 154,994 shares of the transportation company’s stock after buying an additional 6,221 shares during the quarter. Skandinaviska Enskilda Banken AB publ’s holdings in United Parcel Service were worth $15,645,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Evelyn Partners Investment Management Europe Ltd increased its position in shares of United Parcel Service by 110.1% during 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 last quarter. Mid American Wealth Advisory Group Inc. purchased a new stake in United Parcel Service during the second quarter worth about $26,000. Hemington Wealth Management grew its position in shares of 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 purchased a new position in United Parcel Service in the first quarter valued at approximately $32,000. Finally, Flaharty Asset Management LLC purchased a new position in shares of United Parcel Service during the 1st quarter valued at $33,000. 60.26% of the stock is owned by institutional investors.

Analysts Set New Price Targets

UPS has been the topic of a number of recent research reports. Weiss Ratings restated a “sell (d+)” rating on shares of United Parcel Service in a research note on Wednesday, October 8th. BMO Capital Markets restated a “market perform” rating and set a $96.00 target price (down previously from $125.00) on shares of United Parcel Service in a research report on Friday, September 19th. Wells Fargo & Company boosted their price objective on United Parcel Service from $91.00 to $96.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 29th. Stephens upgraded United Parcel Service to a “hold” rating in a research note on Wednesday, October 29th. Finally, Truist Financial upped their target price on shares of United Parcel Service from $100.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $110.00.

United Parcel Service Stock Performance

United Parcel Service stock opened at $95.46 on Friday. The firm has a fifty day simple moving average of $89.83 and a two-hundred day simple moving average of $92.77. 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 twelve month low of $82.00 and a twelve month high of $136.99. The company has a market capitalization of $80.98 billion, a PE ratio of 14.75, a P/E/G ratio of 2.29 and a beta of 1.11.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.43. The firm had revenue of $21.42 billion during the quarter, compared to the consensus estimate of $20.94 billion. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The business’s revenue was down 3.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. Research analysts expect that United Parcel Service, Inc. will post 7.95 EPS for the current year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, November 17th will be given a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Monday, November 17th. United Parcel Service’s payout ratio is presently 101.39%.

United Parcel Service Company 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.