Intrust Bank NA cut its position in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 38.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,045 shares of the transportation company’s stock after selling 2,522 shares during the period. Intrust Bank NA’s holdings in United Parcel Service were worth $408,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cornerstone Wealth Group LLC grew its position in shares of United Parcel Service by 3.9% during the 2nd quarter. Cornerstone Wealth Group LLC now owns 2,557 shares of the transportation company’s stock valued at $258,000 after acquiring an additional 97 shares during the period. Bangor Savings Bank boosted its position in United Parcel Service by 1.9% during the second quarter. Bangor Savings Bank now owns 5,413 shares of the transportation company’s stock worth $546,000 after purchasing an additional 101 shares in the last quarter. First Dallas Securities Inc. grew its holdings in United Parcel Service by 0.9% in the first quarter. First Dallas Securities Inc. now owns 11,421 shares of the transportation company’s stock valued at $1,256,000 after purchasing an additional 102 shares during the period. Fortis Capital Advisors LLC increased its position in shares of United Parcel Service by 3.4% in the first quarter. Fortis Capital Advisors LLC now owns 3,185 shares of the transportation company’s stock valued at $350,000 after buying an additional 104 shares in the last quarter. Finally, Wright Investors Service Inc. increased its position in shares of United Parcel Service by 1.3% in the second quarter. Wright Investors Service Inc. now owns 7,861 shares of the transportation company’s stock valued at $793,000 after buying an additional 104 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.
Insiders Place Their Bets
In related news, Director Christiana Smith Shi bought 500 shares of the stock in a transaction dated Friday, August 22nd. The shares were acquired at an average cost of $88.17 per share, for a total transaction of $44,085.00. Following the acquisition, the director directly owned 500 shares in the company, valued at approximately $44,085. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.13% of the stock is owned by company insiders.
United Parcel Service Trading Down 1.3%
United Parcel Service (NYSE:UPS – Get Free Report) last issued its earnings results on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.43. The business had revenue of $21.42 billion during the quarter, compared to analysts’ expectations of $20.94 billion. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The company’s quarterly revenue was down 3.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.76 earnings per share. 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 firm also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders 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 7.1%. The ex-dividend date of this dividend is Monday, November 17th. United Parcel Service’s dividend payout ratio (DPR) is 101.39%.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on UPS shares. Wall Street Zen upgraded United Parcel Service from a “sell” rating to a “hold” rating in a research report on Saturday, November 1st. Susquehanna upped their price objective on shares of United Parcel Service from $100.00 to $105.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 29th. Citigroup increased their price objective on shares of United Parcel Service from $112.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. UBS Group boosted their target price on shares of United Parcel Service from $110.00 to $113.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Finally, Wells Fargo & Company upped their price target on shares of United Parcel Service from $91.00 to $96.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have given a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, United Parcel Service currently has a consensus rating of “Hold” and a consensus price target of $110.00.
View Our Latest Report on United Parcel Service
United Parcel Service 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.
Further Reading
- Five stocks we like better than United Parcel Service
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- What’s on the Thanksgiving Table? A Stock Pick for Every Course
- Stock Analyst Ratings and Canadian Analyst Ratings
- Why Home Depot’s Pain Could Be a Long-Term Investor’s Gain
- How to Use Stock Screeners to Find Stocks
- Qualcomm’s Bulls Are Running Out of Room to Be Wrong
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.
