United Parcel Service, Inc. $UPS Shares Acquired by Oarsman Capital Inc.

Oarsman Capital Inc. increased its position in United Parcel Service, Inc. (NYSE:UPS) by 8.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,328 shares of the transportation company’s stock after buying an additional 829 shares during the quarter. Oarsman Capital Inc.’s holdings in United Parcel Service were worth $1,043,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in UPS. Graybill Wealth Management LTD. purchased a new position in shares of United Parcel Service in the 1st quarter worth $26,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of United Parcel Service in the 2nd quarter worth $26,000. Hemington Wealth Management raised its position in shares of United Parcel Service by 68.9% in the 1st quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock worth $31,000 after buying an additional 115 shares during the period. Saudi Central Bank purchased a new position in shares of United Parcel Service in the 1st quarter worth $32,000. Finally, Flaharty Asset Management LLC purchased a new position in shares of United Parcel Service in the 1st quarter worth $33,000. 60.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. JPMorgan Chase & Co. cut their target price on United Parcel Service from $96.00 to $85.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 8th. Morgan Stanley cut their price objective on United Parcel Service from $80.00 to $75.00 and set an “underweight” rating on the stock in a research report on Wednesday, July 30th. Bank of America cut their price objective on United Parcel Service from $83.00 to $81.00 and set an “underperform” rating on the stock in a research report on Friday, September 26th. UBS Group cut their price objective on United Parcel Service from $118.00 to $110.00 and set a “buy” rating on the stock in a research report on Friday, October 3rd. Finally, Citigroup cut their price objective on United Parcel Service from $114.00 to $112.00 and set a “buy” rating on the stock in a research report on Monday, October 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, fifteen have assigned a Hold rating and four have assigned 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 $108.97.

Insider Activity

In other United Parcel Service news, CEO Carol B. Tome bought 11,682 shares of the stock in a transaction dated Friday, August 1st. The stock was bought at an average cost of $85.67 per share, for a total transaction of $1,000,796.94. Following the completion of the purchase, the chief executive officer directly owned 24,718 shares of the company’s stock, valued at approximately $2,117,591.06. The trade was a 89.61% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director William R. Johnson purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, July 31st. The stock was purchased at an average price of $86.50 per share, with a total value of $432,500.00. Following the completion of the purchase, the director directly owned 10,160 shares of the company’s stock, valued at approximately $878,840. This represents a 96.90% increase in their position. The SEC filing for this purchase provides additional information. Insiders acquired 17,182 shares of company stock worth $1,477,382 over the last ninety days. Corporate insiders own 0.13% of the company’s stock.

United Parcel Service Stock Up 8.2%

Shares of United Parcel Service stock opened at $96.52 on Wednesday. The business has a 50-day moving average of $85.75 and a 200-day moving average of $93.06. The company has a debt-to-equity ratio of 1.51, a current ratio of 1.32 and a quick ratio of 1.32. The company has a market capitalization of $81.80 billion, a PE ratio of 14.36, a P/E/G ratio of 1.65 and a beta of 1.10. United Parcel Service, Inc. has a 1-year low of $82.00 and a 1-year high of $138.67.

United Parcel Service (NYSE:UPS) last announced its earnings results 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 company had revenue of $21.40 billion during the quarter, compared to the consensus estimate of $20.94 billion. United Parcel Service had a return on equity of 39.61% and a net margin of 6.34%.The company’s revenue was down 3.7% on a year-over-year basis. During the same period last year, the firm earned $1.76 earnings per share. United Parcel Service has set its Q4 2025 guidance at EPS. As a group, equities analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Monday, August 18th were paid a dividend of $1.64 per share. The ex-dividend date was Monday, August 18th. This represents a $6.56 annualized dividend and a dividend yield of 6.8%. United Parcel Service’s dividend payout ratio (DPR) is currently 97.62%.

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.