Baird Financial Group Inc. Has $44.87 Million Stock Holdings in United Parcel Service, Inc. $UPS

Baird Financial Group Inc. grew its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 4.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 417,427 shares of the transportation company's stock after purchasing an additional 19,486 shares during the quarter. Baird Financial Group Inc.'s holdings in United Parcel Service were worth $44,873,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Potomac Fund Management Inc. ADV grew its position in shares of United Parcel Service by 0.8% in the fourth quarter. Potomac Fund Management Inc. ADV now owns 11,324 shares of the transportation company's stock valued at $1,123,000 after purchasing an additional 90 shares during the last quarter. Ipsen Advisor Group LLC increased its stake in shares of United Parcel Service by 1.7% in the fourth quarter. Ipsen Advisor Group LLC now owns 5,670 shares of the transportation company's stock worth $562,000 after purchasing an additional 95 shares during the period. Legacy Wealth Managment LLC ID lifted its position in shares of United Parcel Service by 48.6% during the 1st 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. Wealth Alliance LLC lifted its position in shares of United Parcel Service by 3.5% during the 1st quarter. Wealth Alliance LLC now owns 3,013 shares of the transportation company's stock worth $296,000 after purchasing an additional 102 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its stake in United Parcel Service by 1.6% during the 4th quarter. Lazard Asset Management LLC now owns 6,477 shares of the transportation company's stock valued at $642,000 after purchasing an additional 103 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have commented on UPS. BMO Capital Markets lifted their price target on United Parcel Service from $110.00 to $115.00 and gave the stock a "market perform" rating in a research report on Wednesday, July 29th. Stifel Nicolaus increased their price objective on United Parcel Service from $114.00 to $115.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Susquehanna raised their price objective on shares of United Parcel Service from $118.00 to $120.00 and gave the stock a "neutral" rating in a research note on Wednesday, July 29th. Oppenheimer boosted their target price on shares of United Parcel Service from $115.00 to $117.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. Finally, Weiss Ratings upgraded shares of United Parcel Service from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, August 17th. 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 assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $117.41.

United Parcel Service Trading Down 1.3%

United Parcel Service stock opened at $99.22 on Thursday. The business has a 50 day moving average price of $107.32 and a two-hundred day moving average price of $105.07. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.58. United Parcel Service, Inc. has a 12 month low of $82.00 and a 12 month high of $122.41. The stock has a market cap of $84.41 billion, a price-to-earnings ratio of 18.44, a price-to-earnings-growth ratio of 1.80 and a beta of 1.06.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The transportation company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.11. The company had revenue of $22.83 billion for the quarter, compared to analyst estimates of $21.86 billion. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.United Parcel Service's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.55 EPS. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. As a group, equities analysts forecast that United Parcel Service, Inc. will post 7.22 EPS for the current year.

United Parcel Service Announces Dividend

The firm also recently declared 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. The ex-dividend date was Monday, August 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.6%. United Parcel Service's payout ratio is currently 121.93%.

About United Parcel Service

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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