Nykredit A S Makes New Investment in United Parcel Service, Inc. $UPS

Key Points

• Nykredit A/S acquired 128,643 UPS shares during the second quarter, valued at approximately $13.8 million. Institutional investors collectively own 60.26% of the company.
• Analyst sentiment remains mixed, with UPS carrying an average “Hold” rating and a consensus price target of $117.41. Recent targets range from $117 to $130.
• UPS exceeded quarterly expectations, reporting $1.76 in EPS and $22.83 billion in revenue, up 7.6% year over year. The company paid a quarterly dividend of $1.64, representing a 6.6% annualized yield, though its payout ratio is above 120%.

Nykredit A S acquired a new position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 128,643 shares of the transportation company's stock, valued at approximately $13,829,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Brown Lisle Cummings Inc. raised its holdings in United Parcel Service by 13.1% in the 2nd quarter. Brown Lisle Cummings Inc. now owns 9,383 shares of the transportation company's stock valued at $1,009,000 after acquiring an additional 1,087 shares during the period. Brown Financial Advisors increased its stake in shares of United Parcel Service by 2.8% during the second quarter. Brown Financial Advisors now owns 4,272 shares of the transportation company's stock worth $459,000 after purchasing an additional 118 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of United Parcel Service during the second quarter worth approximately $6,826,000. Studio Investment Management LLC lifted its holdings in United Parcel Service by 10.4% during the 2nd quarter. Studio Investment Management LLC now owns 9,670 shares of the transportation company's stock worth $1,040,000 after purchasing an additional 911 shares during the last quarter. Finally, Ameritas Advisory Services LLC lifted its holdings in United Parcel Service by 1.1% during the 2nd quarter. Ameritas Advisory Services LLC now owns 65,069 shares of the transportation company's stock worth $6,995,000 after purchasing an additional 686 shares during the last quarter. 60.26% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have commented on UPS shares. Wall Street Zen cut United Parcel Service from a "buy" rating to a "hold" rating in a research report on Saturday. Stephens reduced their target price on shares of United Parcel Service from $135.00 to $130.00 and set an "overweight" rating for the company in a research report on Wednesday, July 29th. Oppenheimer upped their price target on shares of United Parcel Service from $115.00 to $117.00 and gave the company an "outperform" rating in a research note on Wednesday, July 29th. 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. Finally, UBS Group boosted their price objective on shares of United Parcel Service from $123.00 to $124.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $117.41.

United Parcel Service Price Performance

Shares of NYSE:UPS opened at $99.01 on Friday. The firm has a 50 day moving average of $105.85 and a 200-day moving average of $104.41. The stock has a market capitalization of $84.23 billion, a PE ratio of 18.40, a PEG ratio of 1.77 and a beta of 1.06. The company has a current ratio of 1.18, a quick 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.

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

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th were paid a $1.64 dividend. The ex-dividend date was Monday, August 17th. This represents a $6.56 annualized dividend and a dividend yield of 6.6%. United Parcel Service's dividend payout ratio (DPR) is presently 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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