Saudi Central Bank Increases Stake in United Parcel Service, Inc. $UPS

Key Points

• Saudi Central Bank increased its UPS stake by 91.1% in the second quarter, owning 52,130 shares valued at approximately $5.6 million. Institutional investors collectively hold 60.26% of UPS stock.
• UPS reported quarterly EPS of $1.76, exceeding estimates of $1.65, while revenue rose 7.6% year over year to $22.83 billion. The company maintained full-year 2026 EPS guidance of $7.22.
• UPS pays a quarterly dividend of $1.64 per share, equivalent to a 6.4% annualized yield, though its payout ratio is elevated at 121.93%. Analysts assign the stock a consensus “Hold” rating with an average price target of $117.41.

Saudi Central Bank raised its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 91.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 52,130 shares of the transportation company's stock after acquiring an additional 24,853 shares during the quarter. Saudi Central Bank's holdings in United Parcel Service were worth $5,604,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Norges Bank purchased a new position in United Parcel Service in the fourth quarter valued at $902,446,000. Victory Capital Management Inc. raised its position in shares of United Parcel Service by 72.9% in the fourth quarter. Victory Capital Management Inc. now owns 13,818,314 shares of the transportation company's stock worth $1,370,639,000 after acquiring an additional 5,826,824 shares during the period. AQR Capital Management LLC boosted its stake in shares of United Parcel Service by 175.7% during the 4th quarter. AQR Capital Management LLC now owns 5,200,135 shares of the transportation company's stock worth $515,801,000 after acquiring an additional 3,314,166 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of United Parcel Service by 507.8% during the 4th quarter. Pacer Advisors Inc. now owns 3,244,234 shares of the transportation company's stock worth $321,796,000 after acquiring an additional 2,710,470 shares in the last quarter. Finally, Wellington Management Group LLP grew its position in shares of United Parcel Service by 262.7% during the 2nd quarter. Wellington Management Group LLP now owns 3,046,707 shares of the transportation company's stock valued at $327,521,000 after acquiring an additional 2,206,666 shares during the period. Hedge funds and other institutional investors own 60.26% of the company's stock.

United Parcel Service Stock Up 0.0%

Shares of NYSE:UPS opened at $102.30 on Monday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.58. The business has a fifty day moving average of $107.78 and a two-hundred day moving average of $105.39. The stock has a market cap of $87.03 billion, a P/E ratio of 19.01, a PEG ratio of 1.83 and a beta of 1.06. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $21.86 billion. During the same period last year, the company earned $1.55 EPS. The company's revenue for the quarter 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. On average, research analysts expect that United Parcel Service, Inc. will post 7.22 earnings per share for the current year.

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Monday, August 17th were given a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.4%. The ex-dividend date was Monday, August 17th. United Parcel Service's dividend payout ratio (DPR) is presently 121.93%.

Wall Street Analysts Forecast Growth

UPS has been the subject of several recent analyst reports. Stephens cut their price target on United Parcel Service from $135.00 to $130.00 and set an "overweight" rating for the company in a research note on Wednesday, July 29th. Oppenheimer increased their price target on United Parcel Service from $115.00 to $117.00 and gave the stock an "outperform" rating in a research report on Wednesday, July 29th. Weiss Ratings raised United Parcel Service from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, August 17th. Susquehanna boosted their price objective 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. Finally, Stifel Nicolaus upped their target price on United Parcel Service from $114.00 to $115.00 and gave the stock a "buy" rating in a research note on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, United Parcel Service currently has a consensus rating of "Hold" and an average target price of $117.41.

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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