M&T Bank Corp Decreases Holdings in United Parcel Service, Inc. $UPS

Key Points

• M&T Bank Corp cut its stake in United Parcel Service by 32.3% in Q4, selling 43,187 shares and ending the period with 90,690 shares worth about $8.996 million per its 13F filing.
• UPS reported Q4 EPS of $2.38 (vs. $2.20 consensus) and revenue of $24.48 billion (vs. $23.91 billion consensus), though revenue was down 3.2% year‑over‑year.
• UPS declared a quarterly dividend of $1.64 (annualized $6.56), implying a yield of 6.1% with a current payout ratio of 100%.

M&T Bank Corp lessened its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 32.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 90,690 shares of the transportation company's stock after selling 43,187 shares during the period. M&T Bank Corp's holdings in United Parcel Service were worth $8,996,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Global Trust Wealth Management LLC purchased a new position in shares of United Parcel Service in the fourth quarter worth about $350,000. Universal Beteiligungs und Servicegesellschaft mbH increased its stake in shares of United Parcel Service by 15.7% in the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 847,839 shares of the transportation company's stock worth $85,002,000 after purchasing an additional 114,989 shares in the last quarter. Silver Coast Investments LLC purchased a new position in shares of United Parcel Service in the fourth quarter worth about $211,000. Emerald Advisors LLC increased its stake in shares of United Parcel Service by 18.0% in the fourth quarter. Emerald Advisors LLC now owns 8,073 shares of the transportation company's stock worth $801,000 after purchasing an additional 1,229 shares in the last quarter. Finally, Optas LLC purchased a new position in shares of United Parcel Service in the fourth quarter worth about $236,000. Hedge funds and other institutional investors own 60.26% of the company's stock.

Insider Transactions at United Parcel Service

In other United Parcel Service news, insider Norman M. Brothers, Jr. sold 25,014 shares of United Parcel Service stock in a transaction that occurred on Wednesday, January 28th. The shares were sold at an average price of $106.15, for a total transaction of $2,655,236.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.19% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Weiss Ratings raised shares of United Parcel Service from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday, February 6th. Bank of America raised shares of United Parcel Service from an "underperform" rating to a "neutral" rating and set a $114.00 price objective for the company in a research note on Friday, January 9th. Wolfe Research reaffirmed a "peer perform" rating on shares of United Parcel Service in a research note on Thursday, January 8th. JPMorgan Chase & Co. boosted their price objective on shares of United Parcel Service from $99.00 to $107.00 and gave the company a "neutral" rating in a research note on Wednesday, January 28th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of United Parcel Service from $88.00 to $106.00 and gave the company a "hold" rating in a research note on Wednesday, January 28th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have issued a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $113.03.

United Parcel Service Trading Down 0.7%

Shares of United Parcel Service stock opened at $107.01 on Friday. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $122.41. The firm has a market cap of $90.86 billion, a PE ratio of 16.31, a PEG ratio of 1.70 and a beta of 1.12. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.22 and a quick ratio of 1.22. The company has a 50 day simple moving average of $104.24 and a two-hundred day simple moving average of $101.06.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its earnings results on Tuesday, January 27th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.20 by $0.18. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The business had revenue of $24.48 billion during the quarter, compared to analyst estimates of $23.91 billion. During the same period in the previous year, the business posted $2.75 earnings per share. United Parcel Service's revenue for the quarter was down 3.2% on a year-over-year basis. Analysts expect that United Parcel Service, Inc. will post 7.07 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Shareholders of record on Tuesday, February 17th were given a dividend of $1.64 per share. The ex-dividend date was Tuesday, February 17th. This represents a $6.56 annualized dividend and a yield of 6.1%. United Parcel Service's payout ratio is presently 100.00%.

United Parcel Service News Roundup

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: Indiana state tax court granted partial summary judgment to UPS on the wording of Indiana’s special fuel tax statute, a legal win that could reduce UPS’s tax exposure or lead to refunds. State tax court grants partial summary judgment to UPS over language of Indiana’s special fuel tax statute
• Positive Sentiment: An Indiana judge has indicated UPS overpaid fuel tax for private-road travel, reinforcing the potential for refunds or lowered future liabilities from the state dispute. This reduces a contingent tax risk on the balance sheet. UPS Overpaid Fuel Tax on Private Road Travel, Indiana Judge Says
• Positive Sentiment: UPS announced a temporary $0.23-per-pound surge fee across seven services on U.S. imports/exports, which should increase near-term revenue per shipment and help margins on cross-border volume. UPS adds temporary surge fee to US imports, exports
• Neutral Sentiment: Coverage notes that UPS has been a trending ticker and that analysts and Zacks readers are parsing its Q1 estimates and key operational metrics—heightening focus on the upcoming quarter and increasing short-term volatility. United Parcel Service, Inc. (UPS) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Pre-earnings previews examine expected Q1 metrics beyond headline revenue and EPS; investor attention to margin drivers, international volumes, and pricing will matter for near-term guidance and sentiment. Curious about UPS (UPS) Q1 Performance? Explore Wall Street Estimates for Key Metrics
• Negative Sentiment: UPS plans to close its Defiance, Ohio terminal in June—a localized network contraction that may save costs but could signal capacity rationalization or weigh on near-term local volumes and sentiment. UPS will be closing Defiance terminal in June
• Neutral Sentiment: Market headlines reported the stock moved higher in the prior session despite a broader market slip—today’s direction looks driven more by the mix of company-specific news and profit-taking than by any single factor. United Parcel Service (UPS) Increases Despite Market Slip: Here's What You Need to Know

United Parcel Service Profile

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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