Godsey & Gibb Inc. raised its holdings in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 5.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 192,021 shares of the transportation company’s stock after purchasing an additional 10,778 shares during the quarter. Godsey & Gibb Inc.’s holdings in United Parcel Service were worth $18,891,000 at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of UPS. Shrier Wealth Management LLC acquired a new position in shares of United Parcel Service in the 4th quarter valued at $1,099,000. Victory Capital Management Inc. boosted its holdings in United Parcel Service by 10.5% during the third quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company’s stock worth $667,109,000 after buying an additional 761,217 shares in the last quarter. LFG Wealth Partners LLC acquired a new stake in United Parcel Service during the fourth quarter valued at $1,207,000. Bank of New York Mellon Corp increased its holdings in United Parcel Service by 1.5% in the fourth quarter. Bank of New York Mellon Corp now owns 4,541,742 shares of the transportation company’s stock valued at $450,495,000 after buying an additional 65,652 shares in the last quarter. Finally, Jaffetilchin Investment Partners LLC increased its holdings in United Parcel Service by 192.7% in the fourth quarter. Jaffetilchin Investment Partners LLC now owns 19,734 shares of the transportation company’s stock valued at $1,957,000 after buying an additional 12,993 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.
United Parcel Service News Roundup
Here are the key news stories impacting United Parcel Service this week:
- Positive Sentiment: UPS announced a $48 million investment in 27 temperature-controlled cross-dock facilities across the U.S., Europe, Asia and the Americas to expand its healthcare logistics network. The move targets growing demand for cold-chain shipping of sensitive medicines and could support revenue growth in a more profitable specialty segment. Article Title
- Positive Sentiment: UPS is also expanding AI across tracking, customer support, and global logistics to improve shipment visibility and network efficiency. Management says the technology push could drive higher automation and smarter supply-chain decisions, which may help margins over time. Article Title
- Neutral Sentiment: UPS shares have recently shown resilience, rising in a down market as investors weighed the company’s defensive business model and strategic initiatives. This reflects improved sentiment, but it does not by itself change the company’s fundamentals. Article Title
- Negative Sentiment: There was also some caution in the sector after FedEx reported weaker margin performance and issued a profit outlook that missed expectations, reminding investors that parcel delivery companies still face pressure from restructuring costs and margin volatility. While this is about FedEx, it can weigh on sentiment for UPS as a peer. Article Title
United Parcel Service Trading Down 1.3%
United Parcel Service (NYSE:UPS – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.05. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The company had revenue of $21.20 billion for the quarter, compared to analysts’ expectations of $20.99 billion. During the same period in the previous year, the firm posted $1.49 EPS. United Parcel Service’s revenue was down 1.4% compared to the same quarter last year. On average, sell-side analysts predict that United Parcel Service, Inc. will post 7.1 EPS for the current fiscal year.
United Parcel Service Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, May 18th were paid a $1.64 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.2%. United Parcel Service’s payout ratio is currently 106.15%.
Analyst Ratings Changes
Several research firms have recently issued reports on UPS. Evercore lowered their target price on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a research note on Wednesday, April 22nd. UBS Group cut their price target on United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Susquehanna upped their price target on United Parcel Service from $116.00 to $118.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Citigroup increased their price target on United Parcel Service from $118.00 to $127.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Weiss Ratings lowered United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $111.50.
Get Our Latest Research Report on United Parcel Service
About United Parcel Service
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.
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