Orca Investment Management LLC Invests $1.69 Million in United Parcel Service, Inc. $UPS

Key Points

• Orca Investment Management purchased 15,714 UPS shares worth approximately $1.69 million in the second quarter, making UPS about 1.2% of its portfolio. Institutional investors collectively own 60.26% of the company.
• UPS reported quarterly EPS of $1.76, exceeding estimates of $1.65, while revenue reached $22.83 billion, up 7.6% year over year and above expectations.
• Analysts maintain a consensus “Hold” rating with an average price target of $117.41. UPS also announced a quarterly dividend of $1.64 per share, representing a 6.3% annualized yield.

Orca Investment Management LLC purchased a new position in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 15,714 shares of the transportation company's stock, valued at approximately $1,689,000. United Parcel Service comprises about 1.2% of Orca Investment Management LLC's portfolio, making the stock its 27th largest position.

A number of other large investors have also modified their holdings of the company. University of Texas Texas AM Investment Management Co. bought a new position in United Parcel Service in the 4th quarter worth about $25,000. IFC & Insurance Marketing Inc. bought a new stake in shares of United Parcel Service during the fourth quarter valued at approximately $25,000. Coston McIsaac & Partners raised its holdings in shares of United Parcel Service by 77.8% during the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company's stock valued at $27,000 after buying an additional 119 shares during the last quarter. Torren Management LLC acquired a new position in shares of United Parcel Service during the fourth quarter worth approximately $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of United Parcel Service during the fourth quarter worth approximately $29,000. Institutional investors and hedge funds own 60.26% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. Susquehanna raised their target price on United Parcel Service from $118.00 to $120.00 and gave the company a "neutral" rating in a research report on Wednesday, July 29th. Citigroup increased their target price on shares of United Parcel Service from $127.00 to $132.00 and gave the company a "buy" rating in a research note on Thursday, July 9th. Evercore reduced their target price on shares of United Parcel Service from $115.00 to $113.00 and set an "in-line" rating for the company in a report on Wednesday, April 22nd. Oppenheimer lifted their price target 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, UBS Group upped their price target on United Parcel Service from $123.00 to $124.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, United Parcel Service presently has an average rating of "Hold" and a consensus target price of $117.41.

United Parcel Service Trading Down 1.0%

NYSE UPS opened at $104.53 on Friday. 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 1-year low of $82.00 and a 1-year high of $122.41. The firm's fifty day simple moving average is $108.88 and its 200-day simple moving average is $106.51. The company has a market capitalization of $88.85 billion, a PE ratio of 19.43, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06.

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

United Parcel Service Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th will be given a dividend of $1.64 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.3%. United Parcel Service's payout ratio is currently 121.93%.

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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