United Parcel Service, Inc. $UPS Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. cut its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 54.0% during the 2nd quarter, Holdings Channel.com reports. The firm owned 13,464 shares of the transportation company’s stock after selling 15,777 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in United Parcel Service were worth $1,475,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. LFG Wealth Partners LLC bought a new position in United Parcel Service during the fourth quarter worth $1,207,000. RiverFront Investment Group LLC increased its stake in United Parcel Service by 937.9% during the fourth quarter. RiverFront Investment Group LLC now owns 245,564 shares of the transportation company’s stock valued at $24,358,000 after purchasing an additional 221,905 shares during the last quarter. Bank of New York Mellon Corp raised its holdings in shares of United Parcel Service by 1.5% during the fourth quarter. Bank of New York Mellon Corp now owns 4,541,742 shares of the transportation company’s stock worth $450,495,000 after purchasing an additional 65,652 shares during the period. Nomura Asset Management Co. Ltd. raised its holdings in shares of United Parcel Service by 4.0% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 435,126 shares of the transportation company’s stock worth $43,160,000 after purchasing an additional 16,764 shares during the period. Finally, Sigma Planning Corp lifted its position in shares of United Parcel Service by 37.1% in the 1st quarter. Sigma Planning Corp now owns 36,722 shares of the transportation company’s stock worth $3,613,000 after buying an additional 9,941 shares during the last quarter. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Stock Down 1.7%

UPS opened at $100.55 on Wednesday. The stock’s 50 day moving average price is $107.53 and its 200 day moving average price is $105.19. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.18 and a quick ratio of 1.18. The stock has a market cap of $85.55 billion, a P/E ratio of 18.69, a P/E/G ratio of 1.83 and a beta of 1.06. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $122.41.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.76 EPS for the quarter, beating analysts’ consensus estimates of $1.65 by $0.11. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.The company had revenue of $22.83 billion for the quarter, compared to analyst estimates of $21.86 billion. During the same period last year, the company earned $1.55 earnings per share. The company’s quarterly 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. 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 business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th were paid a dividend of $1.64 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $6.56 annualized dividend and a yield of 6.5%. United Parcel Service’s dividend payout ratio (DPR) is presently 121.93%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Susquehanna lifted their price target on shares of United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Citigroup increased their price objective on shares of United Parcel Service from $127.00 to $132.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Oppenheimer raised their target price on shares of United Parcel Service from $115.00 to $117.00 and gave the stock an “outperform” rating in a report on Wednesday, July 29th. Stephens lowered their target price on United Parcel Service from $135.00 to $130.00 and set an “overweight” rating for the company in a report on Wednesday, July 29th. Finally, Wall Street Zen raised United Parcel Service from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $117.41.

United Parcel Service Company Profile

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company that provides transportation, distribution and supply-chain services. Its offerings include time-definite delivery of packages and documents, ground and air transportation, international shipping, freight services, customs brokerage and logistics management.

UPS serves businesses and consumers in the United States and across international markets, connecting customers in more than 200 countries and territories.