United Parcel Service, Inc. $UPS Shares Sold by Bristlecone Advisors LLC

Bristlecone Advisors LLC lowered its stake in United Parcel Service, Inc. (NYSE:UPSFree Report) by 40.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,369 shares of the transportation company’s stock after selling 14,221 shares during the quarter. Bristlecone Advisors LLC’s holdings in United Parcel Service were worth $2,157,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Founders Capital Management LLC lifted its position in United Parcel Service by 8.3% in the second quarter. Founders Capital Management LLC now owns 111,405 shares of the transportation company’s stock valued at $11,245,000 after buying an additional 8,579 shares during the last quarter. Gallacher Capital Management LLC purchased a new stake in United Parcel Service during the first quarter worth about $620,000. Capital CS Group LLC increased its stake in United Parcel Service by 3.6% during the second quarter. Capital CS Group LLC now owns 235,090 shares of the transportation company’s stock worth $23,730,000 after purchasing an additional 8,070 shares during the period. CX Institutional increased its stake in United Parcel Service by 39.9% during the second quarter. CX Institutional now owns 60,165 shares of the transportation company’s stock worth $6,073,000 after purchasing an additional 17,152 shares during the period. Finally, Stephens Inc. AR increased its stake in United Parcel Service by 20.1% during the second quarter. Stephens Inc. AR now owns 90,368 shares of the transportation company’s stock worth $9,122,000 after purchasing an additional 15,135 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Oppenheimer cut their price target on shares of United Parcel Service from $114.00 to $100.00 and set an “outperform” rating on the stock in a research note on Wednesday, July 30th. Truist Financial cut their price target on shares of United Parcel Service from $130.00 to $120.00 and set a “buy” rating on the stock in a research note on Wednesday, July 30th. Wolfe Research cut their price target on shares of United Parcel Service from $113.00 to $112.00 and set an “outperform” rating on the stock in a research note on Tuesday, July 1st. UBS Group cut their price target on shares of United Parcel Service from $118.00 to $110.00 and set a “buy” rating on the stock in a research note on Friday, October 3rd. Finally, JPMorgan Chase & Co. cut their price target on shares of United Parcel Service from $96.00 to $85.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 8th. One equities research 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 issued a Sell rating to the stock. According to data from MarketBeat.com, United Parcel Service currently has a consensus rating of “Hold” and a consensus target price of $108.97.

Read Our Latest Analysis on UPS

Insider Buying and Selling at United Parcel Service

In related news, CEO Carol B. Tome purchased 11,682 shares of the company’s stock in a transaction on Friday, August 1st. The shares were 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. This trade represents a 89.61% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director William R. Johnson purchased 5,000 shares of the company’s stock in a transaction on Thursday, July 31st. The stock was bought at an average price of $86.50 per share, for a total transaction of $432,500.00. Following the completion of the purchase, the director directly owned 10,160 shares of the company’s stock, valued at $878,840. The trade was a 96.90% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased 17,182 shares of company stock worth $1,477,382 over the last three months. Insiders own 0.13% of the company’s stock.

United Parcel Service Stock Up 8.2%

UPS stock opened at $96.52 on Wednesday. The company’s 50 day moving average price is $85.75 and its 200 day moving average price is $93.06. The company has a debt-to-equity ratio of 1.51, a quick ratio of 1.32 and a current ratio of 1.32. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $138.67. The firm has a market capitalization of $81.80 billion, a price-to-earnings ratio of 14.36, a PEG ratio of 1.65 and a beta of 1.10.

United Parcel Service (NYSE:UPSGet Free Report) last released its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.43. United Parcel Service had a net margin of 6.34% and a return on equity of 39.61%. The firm had revenue of $21.40 billion for the quarter, compared to analyst estimates of $20.94 billion. During the same period in the prior year, the firm earned $1.76 earnings per share. The business’s quarterly revenue was down 3.7% compared to the same quarter last year. United Parcel Service has set its Q4 2025 guidance at EPS. On average, equities research analysts anticipate that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

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

United Parcel Service Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPSFree Report).

Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

Receive News & Ratings for United Parcel Service Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Parcel Service and related companies with MarketBeat.com's FREE daily email newsletter.