United Parcel Service (NYSE:UPS) Given New $112.00 Price Target at Wells Fargo & Company

United Parcel Service (NYSE:UPS) had its price objective upped by stock analysts at Wells Fargo & Company from $110.00 to $112.00 in a research note issued on Wednesday, Benzinga reports. The firm currently has an “equal weight” rating on the transportation company’s stock. Wells Fargo & Company‘s price target points to a potential upside of 6.59% from the company’s current price.

Other research analysts have also recently issued reports about the company. Stephens reduced their price objective on United Parcel Service from $135.00 to $130.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. Wall Street Zen lowered United Parcel Service from a “buy” rating to a “hold” rating in a research report on Saturday, September 19th. 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 report on Wednesday, July 29th. Weiss Ratings raised shares of United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, August 17th. Finally, Oppenheimer lifted their price objective on shares of United Parcel Service from $117.00 to $119.00 and gave the company an “outperform” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twelve have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, United Parcel Service has an average rating of “Hold” and a consensus price target of $116.52.

United Parcel Service Price Performance

NYSE UPS traded down $1.02 on Wednesday, hitting $105.07. The stock had a trading volume of 775,924 shares, compared to its average volume of 5,597,051. United Parcel Service has a 52-week low of $90.84 and a 52-week high of $122.41. The business’s fifty day moving average price is $98.92 and its 200 day moving average price is $104.64.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, October 27th. The transportation company reported $1.69 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.07. The company had revenue of $22.90 billion during the quarter, compared to analyst estimates of $22.27 billion. During the same quarter last year, the business earned $1.74 earnings per share. The firm’s revenue for the quarter was up 6.9% on a year-over-year basis. Analysts forecast that United Parcel Service will post 7.19 EPS for the current fiscal year.

Hedge Funds Weigh In On United Parcel Service

Several institutional investors and hedge funds have recently modified their holdings of UPS. Legacy Wealth Managment LLC ID raised its position in United Parcel Service by 48.6% during the first quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 101 shares in the last quarter. Wealth Alliance LLC boosted its position 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. Altus Wealth Group LLC boosted its position in United Parcel Service by 1.3% in the 1st quarter. Altus Wealth Group LLC now owns 7,839 shares of the transportation company’s stock worth $771,000 after purchasing an additional 104 shares in the last quarter. TSG Advice Partners LLC grew its stake in shares of United Parcel Service by 2.2% during the 1st quarter. TSG Advice Partners LLC now owns 4,921 shares of the transportation company’s stock worth $484,000 after purchasing an additional 105 shares during the period. Finally, Texas Bank & Trust Co grew its stake in shares of United Parcel Service by 1.0% during the 1st quarter. Texas Bank & Trust Co now owns 10,286 shares of the transportation company’s stock worth $1,012,000 after purchasing an additional 106 shares during the period. Institutional investors and hedge funds own 60.26% of the company’s stock.

Trending Headlines about United Parcel Service

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: Quarterly results exceeded expectations. UPS reported adjusted third-quarter EPS of $1.69, above the $1.62 consensus estimate, while revenue rose 6.9% year over year to $22.9 billion versus expectations of $22.27 billion. UPS beats quarterly expectations, raises full-year guidance again
• Positive Sentiment: UPS raised its full-year outlook for the second consecutive quarter. The company now expects approximately $92.6 billion in 2026 revenue, $8.75 billion in adjusted operating profit and $7.28 in adjusted EPS, above its prior $7.22 forecast and the $7.19 analyst consensus. UPS expects $92.6B 2026 revenue as it raises operating profit outlook to $8.75B
• Positive Sentiment: The company is prioritizing pricing and shipment quality over package volume. Higher-margin international air shipments, premium healthcare logistics and data-center construction helped offset the reduction of lower-margin Amazon deliveries. Management also indicated that holiday profits could rise despite slightly lower volume. UPS raises annual forecasts as higher-paying shipments boost margin
• Positive Sentiment: Wall Street sentiment improved. Oppenheimer raised its UPS price target from $117 to $119 and maintained an “outperform” rating. Bank of America increased its target from $108 to $114, although it retained a “neutral” rating. Oppenheimer UPS rating
• Neutral Sentiment: UPS moved above its 200-day moving average, a potentially constructive technical signal, although the stock remains below its 52-week high and its long-term performance has been weak. UPS stock price breaks above 200-day moving average
• Negative Sentiment: Underlying risks remain. Adjusted EPS declined from $1.74 a year earlier, and the strategy depends on replacing lost Amazon volume with sufficiently profitable shipments. UPS also reported goodwill and asset-impairment charges, which reduced reported GAAP earnings. UPS reports goodwill and asset impairment charges

About United Parcel Service

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.