Fluent Financial LLC decreased its stake in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 55.2% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,390 shares of the transportation company’s stock after selling 30,067 shares during the period. United Parcel Service accounts for approximately 0.9% of Fluent Financial LLC’s holdings, making the stock its 23rd largest position. Fluent Financial LLC’s holdings in United Parcel Service were worth $2,622,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. IFC & Insurance Marketing Inc. acquired a new position in United Parcel Service during the fourth quarter worth $25,000. University of Texas Texas AM Investment Management Co. bought a new stake in United Parcel Service during the fourth quarter worth $25,000. Coston McIsaac & Partners lifted its stake in United Parcel Service by 77.8% in the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 119 shares during the last quarter. Torren Management LLC acquired a new stake in United Parcel Service in the fourth quarter valued at $29,000. Finally, Kemnay Advisory Services Inc. bought a new position in shares of United Parcel Service in the 4th quarter valued at about $29,000. Institutional investors and hedge funds own 60.26% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on UPS. UBS Group upped their target price on shares of United Parcel Service from $123.00 to $124.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings cut United Parcel Service from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, August 3rd. Citizens Jmp began coverage on United Parcel Service in a report on Wednesday, July 15th. They set a “market perform” rating for the company. Stephens lowered their price target 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. Finally, Oppenheimer upped their price objective on United Parcel Service from $115.00 to $117.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $117.41.
United Parcel Service Price Performance
Shares of UPS opened at $104.56 on Monday. The firm has a market capitalization of $88.88 billion, a PE ratio of 19.43, a PEG ratio of 1.89 and a beta of 1.06. The company’s 50-day moving average is $109.33 and its 200-day moving average is $106.62. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week 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 1.18.
United Parcel Service (NYSE:UPS – Get Free Report) last announced its earnings results on Tuesday, July 28th. The transportation company reported $1.76 EPS for the quarter, topping the consensus estimate of $1.65 by $0.11. United Parcel Service had a net margin of 5.08% and a return on equity of 37.50%. The business had revenue of $22.83 billion during the quarter, compared to the consensus estimate of $21.86 billion. During the same quarter in the previous year, the firm posted $1.55 EPS. United Parcel Service’s revenue was up 7.6% compared to the same quarter last year. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. Equities analysts forecast that United Parcel Service, Inc. will post 7.22 EPS for the current year.
United Parcel Service Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th will be issued a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Monday, August 17th. United Parcel Service’s payout ratio is currently 121.93%.
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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