Cullen Capital Management LLC Takes $178.07 Million Position in United Parcel Service, Inc. $UPS

Cullen Capital Management LLC purchased a new stake in shares of United Parcel Service, Inc. (NYSE:UPS) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 1,656,471 shares of the transportation company’s stock, valued at approximately $178,071,000. United Parcel Service makes up 1.8% of Cullen Capital Management LLC’s investment portfolio, making the stock its 24th largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in UPS. Vanguard Group Inc. increased its position in shares of United Parcel Service by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 68,496,420 shares of the transportation company’s stock worth $6,794,160,000 after acquiring an additional 1,218,432 shares during the last quarter. State Street Corp lifted its stake in shares of United Parcel Service by 3.3% in the fourth quarter. State Street Corp now owns 32,092,627 shares of the transportation company’s stock worth $3,183,268,000 after acquiring an additional 1,029,377 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in United Parcel Service by 3.3% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 27,142,759 shares of the transportation company’s stock valued at $2,692,290,000 after purchasing an additional 856,125 shares during the last quarter. Geode Capital Management LLC boosted its holdings in United Parcel Service by 1.4% in the fourth quarter. Geode Capital Management LLC now owns 17,154,091 shares of the transportation company’s stock valued at $1,703,291,000 after purchasing an additional 240,253 shares during the last quarter. Finally, Victory Capital Management Inc. grew its stake in United Parcel Service by 72.9% during the 4th quarter. Victory Capital Management Inc. now owns 13,818,314 shares of the transportation company’s stock valued at $1,370,639,000 after purchasing an additional 5,826,824 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on UPS shares. BMO Capital Markets lifted their price objective on United Parcel Service from $110.00 to $115.00 and gave the stock a “market perform” rating in a report on Wednesday, July 29th. Oppenheimer increased their target price 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. Wall Street Zen raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Stifel Nicolaus lifted their price target on shares of United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings raised shares of United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, August 17th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $117.41.

Trending Headlines about United Parcel Service

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

• Positive Sentiment: UPS disclosed that it is investing more than $2 billion from 2024 through 2028 across its International, Healthcare and Supply Chain Solutions businesses. The spending is intended to improve delivery speed, customer control and supply-chain resilience amid changing trade routes and regulations. UPS is investing $2 billion in international, healthcare and supply chain businesses
• Positive Sentiment: Projects include new logistics hubs in the Philippines, Canada and Hong Kong, expanded international air connections, freight infrastructure and additional healthcare logistics capacity. These investments could strengthen UPS’s position in faster-growing cross-border and specialized-shipping markets. UPS Is Investing Over $2 Billion Across Operations
• Positive Sentiment: The healthcare strategy includes cold-chain capabilities, supporting pharmaceuticals and weight-loss medicines. Investors may view this as an opportunity to capture higher-value, specialized shipments rather than relying solely on traditional package volume. UPS investing $2 billion in international and healthcare logistics
• Positive Sentiment: The announcement reinforces UPS’s network-optimization strategy and signals progress toward improving its business mix, international reach and operational efficiency.
• Neutral Sentiment: UPS eliminated approximately 2 million lower-quality Amazon packages per day. Reducing less-profitable volume may improve margins and capacity, but the lost shipments could also weigh on revenue and leave UPS more dependent on replacing volume with higher-value business. UPS Stopped Carrying 2 Million Amazon Packages a Day
• Negative Sentiment: The multiyear investment program requires substantial capital before its revenue and profit benefits are fully realized, creating execution and return-on-investment risks.
• Negative Sentiment: Analyst commentary warns that UPS’s dividend could remain frozen through 2027. The company’s high yield and concerns about payout growth continue to signal investor uncertainty about cash flow and the pace of recovery. Prediction: UPS Dividend Remains Frozen Through 2027

United Parcel Service Stock Up 0.7%

Shares of United Parcel Service stock opened at $102.73 on Tuesday. The business has a 50-day moving average price of $108.28 and a 200 day moving average price of $106.28. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41. The firm has a market cap of $87.40 billion, a P/E ratio of 19.09, a P/E/G ratio of 1.84 and a beta of 1.06. 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 (NYSE:UPS) last released its earnings results 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 company had revenue of $22.83 billion for the quarter, compared to the consensus estimate of $21.86 billion. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.United Parcel Service’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.55 EPS. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. On average, sell-side analysts forecast that United Parcel Service, Inc. will post 7.22 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently disclosed 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. The ex-dividend date is Monday, August 17th. This represents a $6.56 annualized dividend and a yield of 6.4%. United Parcel Service’s dividend payout ratio (DPR) is 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.