Bristlecone Advisors LLC Cuts Stock Holdings in United Parcel Service, Inc. $UPS

Bristlecone Advisors LLC trimmed its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 40.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in UPS. Brighton Jones LLC increased its holdings in shares of United Parcel Service by 63.8% during the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock valued at $1,529,000 after purchasing an additional 4,723 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in United Parcel Service by 61.3% in the 1st quarter. Golden State Wealth Management LLC now owns 1,576 shares of the transportation company’s stock worth $173,000 after acquiring an additional 599 shares in the last quarter. Amalgamated Bank increased its holdings in United Parcel Service by 1.4% in the 1st quarter. Amalgamated Bank now owns 142,616 shares of the transportation company’s stock worth $15,686,000 after acquiring an additional 1,943 shares in the last quarter. New Wave Wealth Advisors LLC increased its holdings in United Parcel Service by 32.5% in the 1st quarter. New Wave Wealth Advisors LLC now owns 1,826 shares of the transportation company’s stock worth $201,000 after acquiring an additional 448 shares in the last quarter. Finally, Canandaigua National Bank & Trust Co. increased its holdings in United Parcel Service by 81.1% in the 1st quarter. Canandaigua National Bank & Trust Co. now owns 12,430 shares of the transportation company’s stock worth $1,367,000 after acquiring an additional 5,568 shares in the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Trading Up 8.2%

Shares of UPS opened at $96.52 on Wednesday. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $138.67. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.51. The firm’s fifty day moving average is $85.75 and its two-hundred day moving average is $93.06. The stock has a market cap of $81.80 billion, a PE ratio of 14.36, a price-to-earnings-growth ratio of 1.65 and a beta of 1.10.

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, topping the consensus estimate 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 company had revenue of $21.40 billion for the quarter, compared to analysts’ expectations of $20.94 billion. During the same quarter in the previous year, the company posted $1.76 EPS. The firm’s quarterly revenue was down 3.7% on a year-over-year basis. United Parcel Service has set its Q4 2025 guidance at EPS. Research analysts forecast that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

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

Analyst Ratings Changes

UPS has been the subject of several recent analyst reports. Susquehanna cut their price target on shares of United Parcel Service from $110.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, July 30th. UBS Group cut their price target on shares of United Parcel Service from $118.00 to $110.00 and set a “buy” rating for the company in a report on Friday, October 3rd. Barclays cut their price target on shares of United Parcel Service from $90.00 to $80.00 and set an “underweight” rating for the company in a report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft cut their price target on shares of United Parcel Service from $100.00 to $88.00 and set a “hold” rating for the company in a report on Thursday, October 2nd. Finally, Morgan Stanley cut their price target on shares of United Parcel Service from $80.00 to $75.00 and set an “underweight” rating for the company in a report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fifteen have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $108.97.

Insider Activity

In other news, Director Christiana Smith Shi purchased 500 shares of the stock in a transaction dated Friday, August 22nd. The shares were purchased at an average price of $88.17 per share, with a total value of $44,085.00. Following the transaction, the director owned 500 shares in the company, valued at $44,085. The trade was a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William R. Johnson purchased 5,000 shares of the stock in a transaction dated Thursday, July 31st. The shares were purchased at an average cost of $86.50 per share, for a total transaction of $432,500.00. Following the transaction, the director owned 10,160 shares in the company, valued at approximately $878,840. The trade was a 96.90% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have bought 17,182 shares of company stock valued at $1,477,382. 0.13% of the stock is currently owned by insiders.

About United Parcel Service

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.