10,633 United Parcel Service, Inc. $UPS Shares Purchased by International Assets Investment Management LLC

Key Points

• International Assets Investment Management increased its UPS stake by 10.2%, purchasing 10,633 additional shares to own 115,000 shares valued at approximately $11.05 million. Institutional investors collectively own 60.26% of UPS.
• UPS exceeded quarterly expectations with $22.90 billion in revenue and $1.69 adjusted EPS, while revenue rose 6.9% year over year. Management also raised its outlook, citing stronger premium services, automation, productivity gains, and cost controls despite lower shipment volumes.
• Analyst sentiment remains mixed, with UPS carrying a consensus “Hold” rating and an average price target of $118.45. The company offers a $6.56 annualized dividend, yielding about 6.1%, while insider Matthew W. Guffey sold 8,318 shares for approximately $876,634.

International Assets Investment Management LLC increased its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 10.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 115,000 shares of the transportation company's stock after acquiring an additional 10,633 shares during the quarter. International Assets Investment Management LLC's holdings in United Parcel Service were worth $11,050,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Markowski Investments purchased a new stake in United Parcel Service in the 2nd quarter worth $30,000. Allied Private Wealth LLC bought a new stake in shares of United Parcel Service in the second quarter worth about $34,000. Legacy Wealth Managment LLC ID increased its holdings 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 worth $30,000 after purchasing an additional 101 shares during 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 worth $41,000 after purchasing an additional 233 shares during the last quarter. Finally, Grove Bank & Trust lifted its position 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 worth $41,000 after buying an additional 126 shares in the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. BNP Paribas Exane dropped their price target 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. Evercore upped their price objective on United Parcel Service from $117.00 to $118.00 in a report on Wednesday, July 29th. Sanford C. Bernstein cut their target price on shares of United Parcel Service from $131.00 to $127.00 and set an "outperform" rating for the company in a report on Wednesday, October 21st. Susquehanna boosted their price target on shares of United Parcel Service from $118.00 to $120.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 29th. Finally, JPMorgan Chase & Co. decreased their price target on shares of 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. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company's stock. According to MarketBeat, United Parcel Service currently has a consensus rating of "Hold" and an average price target of $118.45.

Insiders Place Their Bets

In other United Parcel Service news, insider Matthew W. Guffey sold 8,318 shares of the business's stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $105.39, for a total transaction of $876,634.02. Following the transaction, the insider owned 271 shares in the company, valued at $28,560.69. The trade was a 96.84% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.19% of the stock is owned by company insiders.

More 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 Trading Up 1.0%

Shares of UPS stock opened at $108.35 on Friday. The company has a market cap of $92.18 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 1.94 and a beta of 1.07. United Parcel Service, Inc. has a 1 year low of $90.84 and a 1 year high of $122.41. The stock's 50 day simple moving average is $99.19 and its two-hundred day simple moving average is $104.63. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.24 and a quick ratio of 1.18.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its earnings results on Tuesday, October 27th. The transportation company reported $1.69 EPS for the quarter, topping analysts' consensus estimates of $1.62 by $0.07. The firm had revenue of $22.90 billion during the quarter, compared to analysts' expectations of $22.27 billion. United Parcel Service had a return on equity of 37.78% and a net margin of 4.84%. The company's quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.74 EPS. Research analysts predict that United Parcel Service, Inc. will post 7.28 earnings per share for the current year.

United Parcel Service Dividend Announcement

The company also recently disclosed 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 6.1%. The ex-dividend date of this dividend was Monday, August 17th. United Parcel Service's payout ratio is presently 126.15%.

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.

Want to see what other hedge funds are holding UPS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for United Parcel Service, Inc. (NYSE:UPS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.