Mirae Asset Global Investments Co. Ltd. Makes New $88.26 Million Investment in United Parcel Service, Inc. $UPS

Key Points

• Mirae Asset Global Investments acquired 944,599 UPS shares worth approximately $88.26 million, giving it a 0.11% stake. Institutional investors collectively own 60.26% of UPS.
• UPS exceeded quarterly expectations with $22.90 billion in revenue and adjusted EPS of $1.69, versus estimates of $22.27 billion and $1.62. Management raised its outlook despite lower shipment volumes, citing pricing, automation, productivity gains, and cost controls.
• UPS shares opened at $108.35, while analysts maintained a generally neutral consensus with an average price target of $118.45. The company also offers a quarterly dividend of $1.64 per share, representing a 6.1% annualized yield.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 944,599 shares of the transportation company's stock, valued at approximately $88,263,000. Mirae Asset Global Investments Co. Ltd. owned 0.11% of United Parcel Service at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of UPS. Legacy Wealth Managment LLC ID lifted its position 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 valued at $30,000 after acquiring an additional 101 shares in the last quarter. Wealth Alliance LLC boosted its stake in shares of United Parcel Service by 3.5% in the first quarter. Wealth Alliance LLC now owns 3,013 shares of the transportation company's stock worth $296,000 after acquiring an additional 102 shares during the period. Altus Wealth Group LLC boosted its stake in shares of United Parcel Service by 1.3% in the first quarter. Altus Wealth Group LLC now owns 7,839 shares of the transportation company's stock worth $771,000 after acquiring an additional 104 shares during the period. Texas Bank & Trust Co grew its position in shares of United Parcel Service by 1.0% during the first quarter. Texas Bank & Trust Co now owns 10,286 shares of the transportation company's stock worth $1,012,000 after purchasing an additional 106 shares in the last quarter. Finally, Midland Wealth Advisors LLC raised its stake in United Parcel Service by 3.8% during the 3rd quarter. Midland Wealth Advisors LLC now owns 2,996 shares of the transportation company's stock valued at $280,000 after purchasing an additional 111 shares during the period. Institutional investors own 60.26% of the company's stock.

United Parcel Service News Summary

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 Stock Up 1.0%

Shares of UPS opened at $108.35 on Friday. The stock has a market capitalization of $92.18 billion, a price-to-earnings 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 business's 50 day simple moving average is $99.19 and its 200-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 posted its earnings results on Tuesday, October 27th. The transportation company reported $1.69 EPS for the quarter, beating analysts' consensus estimates of $1.62 by $0.07. United Parcel Service had a return on equity of 37.78% and a net margin of 4.84%. The firm had revenue of $22.90 billion during the quarter, compared to the consensus estimate of $22.27 billion. During the same period in the prior year, the company earned $1.74 EPS. The company's quarterly revenue was up 6.9% compared to the same quarter last year. As a group, equities analysts expect that United Parcel Service, Inc. will post 7.28 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders 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 yield of 6.1%. United Parcel Service's dividend payout ratio (DPR) is 126.15%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. TD Cowen boosted their price target on United Parcel Service from $115.00 to $116.00 and gave the stock a "hold" rating in a report on Wednesday. JPMorgan Chase & Co. cut their price objective on shares of United Parcel Service from $118.00 to $115.00 and set a "neutral" rating for the company in a report on Wednesday, July 29th. The Goldman Sachs Group lifted their price objective on shares of United Parcel Service from $128.00 to $132.00 and gave the company a "buy" rating in a research report on Wednesday, July 29th. Barclays boosted their target price on shares of United Parcel Service from $80.00 to $95.00 and gave the stock an "underweight" rating in a report on Wednesday. Finally, Citizens Jmp began coverage on shares of United Parcel Service in a research report on Wednesday, July 15th. They set a "market perform" rating for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, United Parcel Service currently has an average rating of "Hold" and an average price target of $118.45.

Insider Buying and Selling

In other United Parcel Service news, insider Matthew W. Guffey sold 8,318 shares of the 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 completion of the transaction, the insider owned 271 shares in the company, valued at $28,560.69. This trade represents a 96.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.19% of the stock is owned by company insiders.

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.

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