Sumitomo Mitsui Trust Group Inc. Sells 45,408 Shares of United Parcel Service, Inc. $UPS

Sumitomo Mitsui Trust Group Inc. lessened its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,827,682 shares of the transportation company’s stock after selling 45,408 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in United Parcel Service were worth $170,779,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Markowski Investments purchased a new position in United Parcel Service in the 2nd quarter worth approximately $30,000. Allied Private Wealth LLC purchased a new stake in shares of United Parcel Service in the second quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID grew its position in shares of United Parcel Service by 48.6% in the first quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 101 shares in the last quarter. Community Financial Services Group LLC increased its holdings in shares of United Parcel Service by 170.1% in the second quarter. Community Financial Services Group LLC now owns 370 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 233 shares during the last quarter. Finally, Grove Bank & Trust increased its holdings in shares of United Parcel Service by 49.8% in the second quarter. Grove Bank & Trust now owns 379 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 126 shares during the last quarter. Institutional investors and hedge funds own 60.26% of the company’s stock.

United Parcel Service Stock Performance

NYSE UPS opened at $108.35 on Monday. The stock has a fifty day simple moving average of $99.19 and a 200-day simple moving average of $104.63. The company has a current ratio of 1.24, a quick ratio of 1.18 and a debt-to-equity ratio of 1.67. The stock has a market cap of $92.18 billion, a PE ratio of 20.84, a P/E/G ratio of 1.94 and a beta of 1.07. United Parcel Service, Inc. has a twelve month low of $90.84 and a twelve month high of $122.41.

United Parcel Service (NYSE:UPS) last announced its earnings results on Tuesday, October 27th. The transportation company reported $1.69 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.07. The company had revenue of $22.90 billion during the quarter, compared to analyst estimates of $22.27 billion. United Parcel Service had a net margin of 4.84% and a return on equity of 37.78%. United Parcel Service’s revenue was up 6.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.74 earnings per share. Equities analysts anticipate that United Parcel Service, Inc. will post 7.28 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th were given a $1.64 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.1%. United Parcel Service’s payout ratio is presently 126.15%.

Analysts Set New Price Targets

UPS has been the topic of a number of recent research reports. JPMorgan Chase & Co. lowered their price objective on United Parcel Service from $118.00 to $115.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 29th. BNP Paribas Exane cut their target price on United Parcel Service from $90.00 to $85.00 and set an “underperform” rating for the company in a research note on Wednesday, September 30th. Stifel Nicolaus lifted their price target on United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. Evercore boosted their price target on shares of United Parcel Service from $117.00 to $118.00 in a research report on Wednesday, July 29th. Finally, TD Cowen upped their price objective on shares of United Parcel Service from $115.00 to $116.00 and gave the company a “hold” rating in a report on Wednesday, October 28th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, United Parcel Service presently has a consensus rating of “Hold” and an average price target of $118.45.

Insider Buying and Selling

In other United Parcel Service news, insider Matthew W. Guffey sold 8,318 shares of the company’s stock in a transaction on Wednesday, October 28th. The stock was sold at an average price of $105.39, for a total transaction of $876,634.02. Following the transaction, the insider directly owned 271 shares in the company, valued at $28,560.69. This represents a 96.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.19% of the stock is owned by company insiders.

Key United Parcel Service News

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

• Positive Sentiment: UPS exceeded quarterly expectations, reporting $22.90 billion in revenue and adjusted earnings of $1.69 per share versus consensus estimates of $22.27 billion and $1.62, respectively. Management cited stronger premium services, international trade lanes, automation, and improved customer mix. 5 revealing analyst questions from United Parcel Service’s Q3 earnings call
• Positive Sentiment: UPS raised its outlook despite declining shipment volume, suggesting that higher revenue per package, productivity improvements, and cost control are more than offsetting weaker demand. The company plans to use automation and radio-frequency tracking for approximately 70% of packages during the holiday season. Why Did United Parcel Service Raise Guidance Despite Falling Volume?
• Positive Sentiment: Several analysts, including Wells Fargo, Truist, Barclays, Citigroup, Oppenheimer, Bank of America, and UBS, issued bullish commentary or increased their price targets. The recommendations reinforce the view that UPS’s earnings recovery and valuation offer additional upside. Wells Fargo expects UPS stock to rise
• Neutral Sentiment: Comparisons with FedEx highlight UPS’s improved earnings momentum, dividend appeal, and valuation, but also emphasize that future returns depend on sustaining margin gains while handling fewer packages. UPS vs. FedEx: Which Stock Is the Better Buy After Strong Q3 Results?
• Negative Sentiment: Insider Matthew W. Guffey sold 8,318 UPS shares for approximately $876,634, reducing his remaining ownership by 96.84%. While one insider sale is not necessarily a fundamental signal, it may modestly weigh on sentiment. SEC insider transaction filing

United Parcel Service Profile

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.