United Parcel Service, Inc. $UPS is Miller Financial Services LLC's 7th Largest Position

Key Points

• Miller Financial Services LLC boosted its stake in United Parcel Service by 23.2% in Q2 to 22,841 shares, making UPS its 7th largest holding worth about $2.31 million (≈2.9% of the firm’s portfolio).
• UPS beat Q3 estimates with $1.74 EPS vs. $1.31 expected and revenue of $21.42 billion (down 3.7% year-over-year), while reporting a 6.15% net margin and 40.07% return on equity.
• The company declared a quarterly dividend of $1.64 (annualized $6.56), implying a ~7.1% yield, but the dividend payout ratio is high at 101.39%, a potential sustainability concern for income investors.

Miller Financial Services LLC grew its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 23.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,841 shares of the transportation company's stock after purchasing an additional 4,298 shares during the quarter. United Parcel Service comprises approximately 2.9% of Miller Financial Services LLC's portfolio, making the stock its 7th largest holding. Miller Financial Services LLC's holdings in United Parcel Service were worth $2,306,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Vanguard Group Inc. boosted its stake in United Parcel Service by 1.2% during the second quarter. Vanguard Group Inc. now owns 66,905,138 shares of the transportation company's stock worth $6,753,405,000 after buying an additional 768,912 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of United Parcel Service by 7.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 25,045,472 shares of the transportation company's stock valued at $2,754,751,000 after acquiring an additional 1,780,807 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of United Parcel Service by 4.8% in the second quarter. Geode Capital Management LLC now owns 16,623,834 shares of the transportation company's stock valued at $1,675,733,000 after purchasing an additional 762,407 shares during the period. Goldman Sachs Group Inc. increased its position in United Parcel Service by 124.0% during the first quarter. Goldman Sachs Group Inc. now owns 9,011,107 shares of the transportation company's stock worth $991,132,000 after purchasing an additional 4,988,044 shares during the last quarter. Finally, Northern Trust Corp raised its stake in United Parcel Service by 0.3% during the first quarter. Northern Trust Corp now owns 7,415,523 shares of the transportation company's stock worth $815,633,000 after purchasing an additional 23,918 shares during the period. 60.26% of the stock is currently owned by hedge funds and other institutional investors.

United Parcel Service Stock Performance

Shares of UPS stock opened at $92.50 on Thursday. The firm has a 50 day moving average of $88.45 and a two-hundred day moving average of $92.84. The stock has a market capitalization of $78.40 billion, a PE ratio of 14.30, a P/E/G ratio of 2.29 and a beta of 1.11. The company has a quick ratio of 1.32, a current ratio of 1.30 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $138.67.

United Parcel Service (NYSE:UPS - Get Free Report) last issued its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.31 by $0.43. United Parcel Service had a net margin of 6.15% and a return on equity of 40.07%. The company had revenue of $21.42 billion during the quarter, compared to the consensus estimate of $20.94 billion. During the same quarter in the previous year, the firm earned $1.76 earnings per share. The firm's quarterly revenue was down 3.7% on a year-over-year basis. United Parcel Service has set its Q4 2025 guidance at EPS. On average, research analysts predict that United Parcel Service, Inc. will post 7.95 EPS for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, November 17th will be paid a $1.64 dividend. The ex-dividend date is Monday, November 17th. This represents a $6.56 dividend on an annualized basis and a yield of 7.1%. United Parcel Service's dividend payout ratio (DPR) is currently 101.39%.

Insider Transactions at United Parcel Service

In other United Parcel Service news, Director Christiana Smith Shi purchased 500 shares of the firm's stock in a transaction on Friday, August 22nd. The stock was bought at an average cost of $88.17 per share, with a total value of $44,085.00. Following the acquisition, the director directly owned 500 shares of the company's stock, valued at approximately $44,085. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.13% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on UPS shares. Wall Street Zen raised shares of United Parcel Service from a "sell" rating to a "hold" rating in a research note on Saturday, November 1st. JPMorgan Chase & Co. raised their target price on United Parcel Service from $85.00 to $97.00 and gave the stock a "neutral" rating in a research note on Wednesday, October 29th. Oppenheimer reduced their target price on United Parcel Service from $114.00 to $100.00 and set an "outperform" rating on the stock in a research report on Wednesday, July 30th. Wells Fargo & Company increased their price target on United Parcel Service from $91.00 to $96.00 and gave the stock an "equal weight" rating in a report on Wednesday, October 29th. Finally, Evercore ISI decreased their target price on shares of United Parcel Service from $103.00 to $97.00 and set an "in-line" rating on the stock in a research report on Wednesday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $110.00.

United Parcel Service Profile

United Parcel Service, Inc, a package delivery company, provides transportation and delivery, distribution, contract logistics, ocean freight, airfreight, customs brokerage, and insurance services. It operates through two segments, U.S. Domestic Package and International Package. The U.S. Domestic Package segment offers time-definite delivery of express letters, documents, small packages, and palletized freight through air and ground services in the United States.

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