GoalVest Advisory LLC Sells 9,062 Shares of United Parcel Service, Inc. $UPS

GoalVest Advisory LLC cut its stake in United Parcel Service, Inc. (NYSE:UPS) by 97.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 270 shares of the transportation company’s stock after selling 9,062 shares during the quarter. GoalVest Advisory LLC’s holdings in United Parcel Service were worth $29,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. University of Texas Texas AM Investment Management Co. acquired a new position in United Parcel Service during the fourth quarter worth $25,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of United Parcel Service in the 4th quarter valued at $25,000. Coston McIsaac & Partners grew its holdings in shares of United Parcel Service by 77.8% in the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after purchasing an additional 119 shares during the last quarter. Torren Management LLC acquired a new stake in shares of United Parcel Service during the 4th quarter worth about $29,000. Finally, Kemnay Advisory Services Inc. bought a new position in United Parcel Service during the 4th quarter valued at about $29,000. Institutional investors own 60.26% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on UPS. Wall Street Zen raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Saturday. Stephens cut their target price on shares of United Parcel Service from $135.00 to $130.00 and set an “overweight” rating for the company in a research note on Wednesday, July 29th. Susquehanna boosted their target price on United Parcel Service from $118.00 to $120.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. UBS Group increased 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 raised their price target on United Parcel Service from $130.00 to $133.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, United Parcel Service presently has an average rating of “Hold” and an average price target of $117.41.

United Parcel Service Trading Up 0.1%

Shares of UPS opened at $104.56 on Monday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.58. United Parcel Service, Inc. has a 12-month low of $82.00 and a 12-month high of $122.41. 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 stock’s fifty day simple moving average is $109.33 and its 200-day simple moving average is $106.62.

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

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Monday, August 17th will be paid 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 of this dividend is Monday, August 17th. United Parcel Service’s payout ratio is 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.