Groupe la Francaise Sells 13,526 Shares of United Parcel Service, Inc. $UPS

Key Points

• Groupe la Francaise cut its UPS stake by 84.5% in the second quarter, selling 13,526 shares and retaining 2,474 shares valued at approximately $266,000.
• Analyst sentiment remains mixed, with UPS carrying an average “Hold” rating and a consensus price target of $117.41; several firms recently raised their targets.
• UPS reported quarterly adjusted earnings of $1.76 per share and revenue of $22.83 billion, both above expectations. The company also paid a $1.64 quarterly dividend, representing a 6.5% annualized yield.

Groupe la Francaise lowered its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 84.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,474 shares of the transportation company's stock after selling 13,526 shares during the period. Groupe la Francaise's holdings in United Parcel Service were worth $266,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. University of Texas Texas AM Investment Management Co. bought a new stake in United Parcel Service during the 4th quarter worth $25,000. IFC & Insurance Marketing Inc. bought a new position in United Parcel Service in the fourth quarter valued at about $25,000. Kemnay Advisory Services Inc. acquired a new stake in shares of United Parcel Service during the fourth quarter valued at about $29,000. Legacy Wealth Managment LLC ID boosted its stake in shares of United Parcel Service by 48.6% during 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. Finally, Markowski Investments bought a new stake in shares of United Parcel Service during the second quarter worth about $30,000. Institutional investors own 60.26% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on UPS shares. Weiss Ratings raised United Parcel Service from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Monday, August 17th. Oppenheimer lifted 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. BMO Capital Markets boosted their target price on shares of United Parcel Service from $110.00 to $115.00 and gave the stock a "market perform" rating in a report on Wednesday, July 29th. Sanford C. Bernstein upped their price target on shares of United Parcel Service from $130.00 to $133.00 and gave the company an "outperform" rating in a research report on Tuesday, July 21st. Finally, Susquehanna raised their price target on shares of United Parcel Service from $118.00 to $120.00 and gave the company a "neutral" rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, United Parcel Service has an average rating of "Hold" and an average price target of $117.41.

United Parcel Service Price Performance

Shares of UPS opened at $100.55 on Wednesday. The business has a 50-day moving average of $107.53 and a 200-day moving average of $105.19. The company has a debt-to-equity ratio of 1.58, a current ratio of 1.18 and a quick ratio of 1.18. The company has a market capitalization of $85.55 billion, a price-to-earnings ratio of 18.69, a price-to-earnings-growth ratio of 1.83 and a beta of 1.06. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $122.41.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its earnings results on Tuesday, July 28th. The transportation company reported $1.76 EPS for the quarter, beating the consensus estimate of $1.65 by $0.11. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.The business had revenue of $22.83 billion for the quarter, compared to analysts' expectations of $21.86 billion. During the same period in the prior year, the business posted $1.55 earnings per share. 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. As a group, equities research analysts anticipate that United Parcel Service, Inc. will post 7.22 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th were given a dividend of $1.64 per share. The ex-dividend date was Monday, August 17th. This represents a $6.56 annualized dividend and a dividend yield of 6.5%. United Parcel Service's dividend payout ratio is 121.93%.

United Parcel Service Profile

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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