30,894 Shares in United Parcel Service, Inc. $UPS Purchased by Ancora Advisors LLC

Ancora Advisors LLC bought a new stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 30,894 shares of the transportation company's stock, valued at approximately $3,321,000.

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

United Parcel Service Trading Up 0.5%

UPS opened at $105.65 on Thursday. The firm's fifty day moving average is $108.18 and its two-hundred day moving average is $106.12. The firm has a market cap of $89.88 billion, a PE ratio of 19.64, a price-to-earnings-growth ratio of 1.90 and a beta of 1.06. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month 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 announced its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.65 by $0.11. United Parcel Service had a net margin of 5.08% and a return on equity of 37.50%. The company had revenue of $22.83 billion during the quarter, compared to analyst estimates of $21.86 billion. During the same quarter in the previous year, the business earned $1.55 EPS. The firm's revenue was up 7.6% on a year-over-year basis. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. Equities research analysts anticipate that United Parcel Service, Inc. will post 7.22 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th will be paid a $1.64 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.2%. United Parcel Service's payout ratio is presently 121.93%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on UPS. Stephens dropped 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. Susquehanna increased their price target on United Parcel Service from $118.00 to $120.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 29th. Stifel Nicolaus raised their price objective on shares of United Parcel Service from $114.00 to $115.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. BMO Capital Markets raised their price target on shares of United Parcel Service from $110.00 to $115.00 and gave the company a "market perform" rating in a report on Wednesday, July 29th. Finally, Wall Street Zen upgraded shares of United Parcel Service from a "hold" rating to a "buy" rating in a research report on Saturday, August 8th. One 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 company. According to data from MarketBeat.com, United Parcel Service presently has a consensus rating of "Hold" and a consensus target price of $117.41.

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.

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