Maj Invest Holding A S Decreases Stock Holdings in United Parcel Service, Inc. $UPS

Maj Invest Holding A S lowered its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 11.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 969,545 shares of the transportation company’s stock after selling 128,641 shares during the quarter. United Parcel Service accounts for about 4.7% of Maj Invest Holding A S’s portfolio, making the stock its 11th largest position. Maj Invest Holding A S’s holdings in United Parcel Service were worth $104,225,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Norges Bank purchased a new stake in shares of United Parcel Service during the 4th quarter valued at about $902,446,000. Victory Capital Management Inc. grew its position in United Parcel Service by 72.9% in the fourth quarter. Victory Capital Management Inc. now owns 13,818,314 shares of the transportation company’s stock worth $1,370,639,000 after acquiring an additional 5,826,824 shares in the last quarter. AQR Capital Management LLC increased its stake in United Parcel Service by 175.7% during the fourth quarter. AQR Capital Management LLC now owns 5,200,135 shares of the transportation company’s stock worth $515,801,000 after acquiring an additional 3,314,166 shares during the last quarter. Pacer Advisors Inc. increased its stake in United Parcel Service by 507.8% during the fourth quarter. Pacer Advisors Inc. now owns 3,244,234 shares of the transportation company’s stock worth $321,796,000 after acquiring an additional 2,710,470 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in United Parcel Service by 23.3% during the first quarter. Bank of America Corp DE now owns 9,728,123 shares of the transportation company’s stock worth $957,053,000 after acquiring an additional 1,836,651 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on UPS shares. Citigroup raised their price objective on United Parcel Service from $127.00 to $132.00 and gave the company a “buy” rating in a research note on Thursday, July 9th. Stephens cut their target price on United Parcel Service from $135.00 to $130.00 and set an “overweight” rating on the stock in a research report on Wednesday, July 29th. Weiss Ratings lowered United Parcel Service from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, August 3rd. UBS Group raised their price target on United Parcel Service from $123.00 to $124.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Finally, Sanford C. Bernstein lifted their price objective on shares of United Parcel Service from $130.00 to $133.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $117.41.

United Parcel Service Stock Up 1.3%

Shares of NYSE:UPS opened at $104.56 on Friday. The firm has a market capitalization of $88.88 billion, a PE ratio of 19.43, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. The business has a 50 day simple moving average of $109.33 and a two-hundred day simple moving average of $106.62. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $122.41. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.18 and a quick ratio of 1.21.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Tuesday, July 28th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.11. The company had revenue of $22.83 billion during the quarter, compared to analysts’ expectations of $21.86 billion. United Parcel Service had a net margin of 5.08% and a return on equity of 37.50%. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period in the previous year, the company earned $1.55 EPS. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. On average, equities analysts predict that United Parcel Service, Inc. will post 7.22 EPS for the current year.

United Parcel Service Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Monday, August 17th will be issued a $1.64 dividend. The ex-dividend date is Monday, August 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.3%. United Parcel Service’s payout ratio is presently 121.93%.

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.