WINTON GROUP Ltd grew its holdings in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 195.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,681 shares of the transportation company’s stock after buying an additional 6,406 shares during the period. WINTON GROUP Ltd’s holdings in United Parcel Service were worth $1,041,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. California State Teachers Retirement System lifted its position in United Parcel Service by 12,975.5% during the 2nd quarter. California State Teachers Retirement System now owns 112,070,470 shares of the transportation company’s stock valued at $12,047,576,000 after acquiring an additional 111,213,365 shares during the period. State Street Corp grew its holdings in 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 purchasing an additional 1,029,377 shares during the period. Charles Schwab Investment Management Inc. grew 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 worth $2,692,290,000 after purchasing an additional 856,125 shares during the period. Geode Capital Management LLC increased its stake in shares of United Parcel Service by 1.4% during 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 in the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of United Parcel Service by 72.9% during the fourth 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. 60.26% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of analysts have recently commented on the company. Wall Street Zen raised United Parcel Service from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. 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 report on Thursday, July 9th. Susquehanna lifted their price objective on United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Weiss Ratings raised United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, August 17th. Finally, Sanford C. Bernstein increased their target price on 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, eleven have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $117.41.
United Parcel Service Trading Down 0.1%
Shares of NYSE UPS opened at $100.22 on Monday. The firm’s 50 day moving average price is $106.89 and its 200-day moving average price is $104.85. The company has a market cap of $85.27 billion, a PE ratio of 18.63, a P/E/G ratio of 1.79 and a beta of 1.06. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.18 and a current ratio of 1.18.
United Parcel Service (NYSE:UPS – Get Free Report) last posted 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. The firm had revenue of $22.83 billion for 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 business’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.55 earnings per share. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. On average, equities research analysts expect that United Parcel Service, Inc. will post 7.22 EPS for the current fiscal year.
United Parcel Service Announces Dividend
The firm 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. This represents a $6.56 annualized dividend and a yield of 6.5%. The ex-dividend date was Monday, August 17th. United Parcel Service’s dividend payout ratio (DPR) is currently 121.93%.
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.
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