Nordea Investment Management AB Buys 645,522 Shares of United Parcel Service, Inc. $UPS

Nordea Investment Management AB increased its position in shares of United Parcel Service, Inc. (NYSE:UPS) by 17.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,243,806 shares of the transportation company’s stock after purchasing an additional 645,522 shares during the quarter. Nordea Investment Management AB’s holdings in United Parcel Service were worth $353,870,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Evelyn Partners Investment Management Europe Ltd raised its position in United Parcel Service by 110.1% during the second quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 131 shares in the last quarter. Mid American Wealth Advisory Group Inc. acquired a new position in shares of United Parcel Service during the 2nd quarter worth $26,000. Salzhauer Michael bought a new stake in shares of United Parcel Service during the 3rd quarter worth $31,000. RMG Wealth Management LLC acquired a new stake in United Parcel Service in the second quarter valued at about $34,000. Finally, FNY Investment Advisers LLC bought a new position in United Parcel Service in the second quarter valued at about $34,000. 60.26% of the stock is owned by institutional investors.

United Parcel Service Trading Down 0.0%

NYSE UPS opened at $108.02 on Tuesday. The business has a 50 day simple moving average of $98.14 and a 200 day simple moving average of $93.03. United Parcel Service, Inc. has a one year low of $82.00 and a one year high of $136.99. The stock has a market capitalization of $91.64 billion, a P/E ratio of 16.70, a P/E/G ratio of 2.35 and a beta of 1.11. The company has a debt-to-equity ratio of 1.50, a current ratio of 1.30 and a quick ratio of 1.30.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings data on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.31 by $0.43. The company had revenue of $21.42 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm posted $1.76 EPS. Research analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Monday, November 17th were paid a $1.64 dividend. This represents a $6.56 annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend was Monday, November 17th. United Parcel Service’s payout ratio is 101.39%.

Key Headlines Impacting United Parcel Service

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

• Positive Sentiment: Bernstein raised its price target to $125 from $122 and kept an Outperform rating, saying margin improvement and dividend concerns are overblown — this supports upside from better profitability expectations. Bernstein Lifts UPS Price Target
• Positive Sentiment: Bank of America upgrade and a reported $125 price target reinforce analyst conviction on operational fixes and long-term cash returns. UPS Upgraded at Bank of America
• Neutral Sentiment: American Banking News also reported a $125 price-target raise; this echoes other bullish research but overlaps with Bernstein/BofA coverage. Price Target Raised to $125
• Neutral Sentiment: JPMorgan nudged its target to $99 and maintained a “neutral” rating — a modest lift but still implying limited near-term upside from current levels. JPMorgan Raises Price Target
• Neutral Sentiment: Coverage notes (Zacks, MSN pieces) discuss UPS in the context of transportation-sector opportunities and multi-year performance potential; useful for longer-term investors but not immediate catalysts. Zacks: Transportation Stocks
• Negative Sentiment: UPS announced a major restructuring — eliminating ~68,000 jobs and closing 73 facilities, the largest purge in its history — which creates short-term execution risk, potential service disruptions, and reputational/legal concerns even as it aims to lower costs long-term. UPS Eliminates 68,000 Jobs
• Neutral Sentiment: Analyst consensus remains around a “Hold”/mixed view; the average broker rating is still in the middle, reflecting the tug between margin improvement potential and operational/PR risks. Average Broker Rating: Hold

Analyst Ratings Changes

UPS has been the subject of a number of research reports. Stephens raised shares of United Parcel Service to a “hold” rating in a report on Wednesday, October 29th. Citigroup raised their target price on shares of United Parcel Service from $120.00 to $126.00 and gave the company a “buy” rating in a research report on Thursday, January 8th. BMO Capital Markets reiterated a “market perform” rating and set a $96.00 price target (down from $125.00) on shares of United Parcel Service in a report on Friday, September 19th. Truist Financial raised their price objective on United Parcel Service from $100.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Finally, Wells Fargo & Company upped their target price on United Parcel Service from $91.00 to $96.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, eighteen have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, United Parcel Service presently has a consensus rating of “Hold” and a consensus target price of $111.88.

United Parcel Service Profile

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.