Free Trial

Axxcess Wealth Management LLC Has $229,000 Position in United Parcel Service, Inc. $UPS

United Parcel Service logo with Transportation background

Key Points

  • Axxcess Wealth Management LLC has reduced its stake in United Parcel Service, Inc. by 70.2%, holding 2,273 shares valued at $229,000 as of the end of the second quarter.
  • Several institutional investors, including Citizens National Bank Trust Department and Hemington Wealth Management, have significantly increased their holdings in UPS during the first quarter.
  • Analyst ratings for UPS show a consensus Hold status with a target price of $109.31, but recent reports have seen a downward adjustment in price targets from various research firms.
  • Five stocks to consider instead of United Parcel Service.

Axxcess Wealth Management LLC cut its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 70.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,273 shares of the transportation company's stock after selling 5,347 shares during the period. Axxcess Wealth Management LLC's holdings in United Parcel Service were worth $229,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in UPS. Graybill Wealth Management LTD. bought a new stake in United Parcel Service in the first quarter valued at approximately $26,000. Citizens National Bank Trust Department boosted its holdings in United Parcel Service by 525.0% in the first quarter. Citizens National Bank Trust Department now owns 250 shares of the transportation company's stock valued at $27,000 after acquiring an additional 210 shares during the last quarter. Hemington Wealth Management boosted its holdings in United Parcel Service by 68.9% in the first quarter. Hemington Wealth Management now owns 282 shares of the transportation company's stock valued at $31,000 after acquiring an additional 115 shares during the last quarter. Saudi Central Bank bought a new stake in United Parcel Service in the first quarter valued at approximately $32,000. Finally, Flaharty Asset Management LLC bought a new stake in United Parcel Service in the first quarter valued at approximately $33,000. 60.26% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

UPS has been the topic of a number of research analyst reports. Oppenheimer cut their price target on United Parcel Service from $114.00 to $100.00 and set an "outperform" rating on the stock in a report on Wednesday, July 30th. Galvan Research cut their price target on United Parcel Service from $126.00 to $124.00 and set a "buy" rating on the stock in a report on Monday, June 30th. Wolfe Research cut their price target on United Parcel Service from $113.00 to $112.00 and set an "outperform" rating on the stock in a report on Tuesday, July 1st. UBS Group cut their price target on United Parcel Service from $118.00 to $110.00 and set a "buy" rating on the stock in a report on Friday, October 3rd. Finally, Wall Street Zen cut United Parcel Service from a "hold" rating to a "sell" rating in a report on Saturday, September 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, fifteen have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $109.31.

Check Out Our Latest Stock Report on UPS

Insider Activity at United Parcel Service

In related news, Director Christiana Smith Shi purchased 500 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was acquired at an average cost of $88.17 per share, with a total value of $44,085.00. Following the transaction, the director owned 500 shares of the company's stock, valued at $44,085. This represents a ∞ increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director William R. Johnson purchased 5,000 shares of the stock in a transaction that occurred on Thursday, July 31st. The stock was bought at an average cost of $86.50 per share, with a total value of $432,500.00. Following the completion of the transaction, the director directly owned 10,160 shares in the company, valued at $878,840. The trade was a 96.90% increase in their position. The disclosure for this purchase can be found here. In the last three months, insiders purchased 17,182 shares of company stock valued at $1,477,382. 0.13% of the stock is owned by insiders.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $86.48 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 1.51. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $145.01. The stock's 50 day moving average is $85.58 and its 200-day moving average is $93.46. The firm has a market capitalization of $73.30 billion, a price-to-earnings ratio of 12.87, a PEG ratio of 1.60 and a beta of 1.10.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its earnings results on Tuesday, July 29th. The transportation company reported $1.55 earnings per share for the quarter, missing analysts' consensus estimates of $1.56 by ($0.01). The firm had revenue of $21.20 billion for the quarter, compared to analyst estimates of $20.90 billion. United Parcel Service had a return on equity of 39.61% and a net margin of 6.34%.United Parcel Service's revenue for the quarter was down 2.7% compared to the same quarter last year. During the same period in the previous year, the company earned $1.79 earnings per share. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Monday, August 18th were given a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend was Monday, August 18th. United Parcel Service's dividend payout ratio is presently 97.62%.

United Parcel Service Company Profile

(Free Report)

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

Featured Stories

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).

Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in United Parcel Service Right Now?

Before you consider United Parcel Service, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and United Parcel Service wasn't on the list.

While United Parcel Service currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Stocks to Own: Fall 2025 Cover

Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.