United Parcel Service (NYSE:UPS) Trading Down 1.9% – Time to Sell?

United Parcel Service, Inc. (NYSE:UPS) was down 1.9% during mid-day trading on Monday . The stock traded as low as $93.56 and last traded at $94.2020. Approximately 6,474,288 shares were traded during trading, a decline of 6% from the average daily volume of 6,898,253 shares. The stock had previously closed at $95.98.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on UPS shares. Truist Financial lifted their price target on shares of United Parcel Service from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Wells Fargo & Company boosted their target price on United Parcel Service from $91.00 to $96.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. Morgan Stanley dropped their price target on United Parcel Service from $80.00 to $75.00 and set an “underweight” rating on the stock in a research note on Wednesday, July 30th. Evercore ISI reduced their price objective on United Parcel Service from $103.00 to $97.00 and set an “in-line” rating for the company in a research note on Wednesday, July 30th. Finally, JPMorgan Chase & Co. boosted their price objective on United Parcel Service from $85.00 to $97.00 and gave the company a “neutral” 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 assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $110.00.

United Parcel Service Stock Down 1.9%

The stock has a fifty day moving average of $87.91 and a 200 day moving average of $92.87. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.30 and a quick ratio of 1.32. The firm has a market capitalization of $79.84 billion, a P/E ratio of 14.56, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11.

United Parcel Service (NYSE:UPS) last announced its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) 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 analyst estimates 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% compared to the same quarter last year. During the same period last year, the firm posted $1.76 EPS. United Parcel Service has set its Q4 2025 guidance at EPS. On average, 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 will be paid on Thursday, December 4th. Investors of record on Monday, November 17th will be paid a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 7.0%. The ex-dividend date of this dividend is Monday, November 17th. United Parcel Service’s dividend payout ratio is currently 101.39%.

Insider Transactions at United Parcel Service

In other news, Director Christiana Smith Shi purchased 500 shares of the company’s stock in a transaction on Friday, August 22nd. The stock was purchased at an average price of $88.17 per share, with a total value of $44,085.00. Following the completion of the purchase, the director directly owned 500 shares in the company, valued at approximately $44,085. This trade represents a ? increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.13% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On United Parcel Service

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of United Parcel Service by 0.6% in the 3rd quarter. Vanguard Group Inc. now owns 67,277,988 shares of the transportation company’s stock worth $5,619,730,000 after acquiring an additional 372,850 shares during the last quarter. State Street Corp lifted its stake in United Parcel Service by 0.9% in the third quarter. State Street Corp now owns 31,063,250 shares of the transportation company’s stock worth $2,594,713,000 after purchasing an additional 288,720 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in United Parcel Service by 3.0% in the second quarter. Charles Schwab Investment Management Inc. now owns 25,792,139 shares of the transportation company’s stock worth $2,603,459,000 after purchasing an additional 746,667 shares during the last quarter. Geode Capital Management LLC boosted its position in United Parcel Service by 4.8% during the second quarter. Geode Capital Management LLC now owns 16,623,834 shares of the transportation company’s stock valued at $1,675,733,000 after buying an additional 762,407 shares during the period. Finally, Goldman Sachs Group Inc. grew its stake in shares of United Parcel Service by 124.0% during the first quarter. Goldman Sachs Group Inc. now owns 9,011,107 shares of the transportation company’s stock valued at $991,132,000 after buying an additional 4,988,044 shares during the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

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.