Truist Financial Corp Cuts Stock Holdings in United Parcel Service, Inc. $UPS

Key Points

• Truist Financial trimmed its stake in UPS by 11.6% in Q4, selling 37,038 shares and ending the period with 282,405 shares worth about $28.01 million.
• Amazon launched "Amazon Supply Chain Services" (ASCS), triggering a sector selloff and posing a direct competitive threat that could drive pricing pressure, enterprise share loss and margin compression for UPS.
• Despite these headwinds, UPS beat Q1 EPS estimates, reaffirmed full‑year 2026 revenue guidance (~$89.7B) and expanded its reverse‑logistics "Happy Returns" network, while analysts' consensus remains a Hold with a ~$112.08 target.

Truist Financial Corp trimmed its holdings in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 11.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 282,405 shares of the transportation company's stock after selling 37,038 shares during the period. Truist Financial Corp's holdings in United Parcel Service were worth $28,012,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. boosted its holdings in shares of United Parcel Service by 1.8% during the fourth quarter. Vanguard Group Inc. now owns 68,496,420 shares of the transportation company's stock worth $6,794,160,000 after purchasing an additional 1,218,432 shares during the period. State Street Corp boosted its holdings in shares of United Parcel Service by 0.9% during the third quarter. State Street Corp now owns 31,063,250 shares of the transportation company's stock worth $2,594,713,000 after purchasing an additional 288,720 shares during the period. Victory Capital Management Inc. boosted its holdings in shares of United Parcel Service by 10.5% during the third quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company's stock worth $667,109,000 after purchasing an additional 761,217 shares during the period. Invesco Ltd. boosted its holdings in shares of United Parcel Service by 17.3% during the third quarter. Invesco Ltd. now owns 6,724,265 shares of the transportation company's stock worth $561,678,000 after purchasing an additional 993,461 shares during the period. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of United Parcel Service by 10.6% during the third quarter. Dimensional Fund Advisors LP now owns 5,072,282 shares of the transportation company's stock worth $423,746,000 after purchasing an additional 486,384 shares during the period. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

More United Parcel Service News

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

• Positive Sentiment: UPS expanded the Happy Returns “Return Bar” network to 10,000 locations, strengthening its end-to-end e‑commerce reverse‑logistics capability and fraud controls — a differentiation that can increase retailer stickiness and protect parcel volumes and yields over time. Does UPS’s (UPS) Reverse Logistics Push Quietly Redefine Its Long-Term E‑commerce Moat?
• Positive Sentiment: UPS reaffirmed full‑year 2026 revenue guidance (~$89.7B) after reporting Q1 results that beat EPS estimates — this supports near‑term cash flow expectations and the dividend story that many income investors rely on. Does UPS’s (UPS) Reverse Logistics Push Quietly Redefine Its Long-Term E‑commerce Moat?
• Neutral Sentiment: Analyst price targets have largely converged, leaving modeled fair value around ~$113 — a small net change that suggests consensus views are stabilizing even as opinions diverge on upside vs. downside risk. How The Narrative On United Parcel Service (UPS) Is Shifting As Analyst Targets Converge
• Negative Sentiment: Amazon launched “Amazon Supply Chain Services” (ASCS), opening its massive logistics network to outside customers — a direct, strategic threat to UPS that triggered a sector selloff and remains the primary near‑term bearish catalyst. Watch for pricing pressure, share‑loss in enterprise/freight contracts, and margin compression. UPS, FedEx stocks sink after Amazon expands logistics network to other businesses Amazon Weaponizes Logistics, Triggering Sector-Wide Selloff

Analyst Ratings Changes

A number of analysts have recently weighed in on UPS shares. JPMorgan Chase & Co. increased their target price on shares of United Parcel Service from $99.00 to $107.00 and gave the stock a "neutral" rating in a report on Wednesday, January 28th. Stifel Nicolaus increased their target price on shares of United Parcel Service from $112.00 to $116.00 and gave the stock a "buy" rating in a report on Wednesday, January 28th. TD Cowen increased their target price on shares of United Parcel Service from $101.00 to $115.00 and gave the stock a "hold" rating in a report on Wednesday, January 28th. Jefferies Financial Group increased their target price on shares of United Parcel Service from $115.00 to $130.00 and gave the stock a "buy" rating in a report on Wednesday, January 28th. Finally, Sanford C. Bernstein increased their target price on shares of United Parcel Service from $122.00 to $125.00 and gave the stock an "outperform" rating in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, twelve have given a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $112.08.

United Parcel Service Price Performance

Shares of NYSE UPS opened at $98.05 on Wednesday. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41. The company has a 50 day simple moving average of $103.08 and a two-hundred day simple moving average of $102.02. The company has a market capitalization of $83.25 billion, a price-to-earnings ratio of 15.87, a P/E/G ratio of 1.53 and a beta of 1.06. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.22 and a current ratio of 1.21.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share for the quarter, beating analysts' consensus estimates of $1.02 by $0.05. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. The business had revenue of $21.20 billion during the quarter, compared to the consensus estimate of $20.99 billion. During the same quarter last year, the firm earned $1.49 earnings per share. The business's revenue for the quarter was down 1.4% on a year-over-year basis. Analysts expect that United Parcel Service, Inc. will post 7.1 EPS for the current fiscal year.

About United Parcel Service

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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