United Parcel Service, Inc. $UPS Shares Sold by Franklin Resources Inc.

Key Points

• Franklin Resources cut its UPS stake by 23.9% in Q2, selling 1,621,256 shares and now holds 5,158,313 shares (about 0.61% of the company) valued at $520.68 million.
• Analyst sentiment is mixed with several firms trimming targets and ratings; MarketBeat's consensus is a Hold with an average price target of $110.00.
• UPS topped Q3 EPS estimates ($1.74 vs. $1.31) on $21.42 billion in revenue (down 3.7% YoY) and announced a quarterly dividend of $1.64 (annualized $6.56) yielding 6.9%, with a payout ratio of 101.39%.

Franklin Resources Inc. reduced its holdings in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 23.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,158,313 shares of the transportation company's stock after selling 1,621,256 shares during the quarter. Franklin Resources Inc. owned 0.61% of United Parcel Service worth $520,680,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in UPS. Archer Investment Corp boosted its position in United Parcel Service by 24.7% during the 2nd quarter. Archer Investment Corp now owns 5,767 shares of the transportation company's stock worth $582,000 after acquiring an additional 1,143 shares during the period. Mediolanum International Funds Ltd increased its holdings in shares of United Parcel Service by 13.5% during the second quarter. Mediolanum International Funds Ltd now owns 30,836 shares of the transportation company's stock valued at $3,120,000 after purchasing an additional 3,679 shares during the period. Brandywine Global Investment Management LLC raised its stake in shares of United Parcel Service by 15.6% during the second quarter. Brandywine Global Investment Management LLC now owns 314,991 shares of the transportation company's stock valued at $31,795,000 after purchasing an additional 42,398 shares in the last quarter. DNB Asset Management AS lifted its holdings in United Parcel Service by 3.1% in the second quarter. DNB Asset Management AS now owns 280,824 shares of the transportation company's stock worth $28,346,000 after purchasing an additional 8,405 shares during the period. Finally, Swiss National Bank grew its position in United Parcel Service by 7.6% in the 2nd quarter. Swiss National Bank now owns 2,220,400 shares of the transportation company's stock valued at $224,127,000 after buying an additional 157,700 shares in the last quarter. Institutional investors own 60.26% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on UPS. Morgan Stanley lowered their target price on shares of United Parcel Service from $80.00 to $75.00 and set an "underweight" rating on the stock in a research note on Wednesday, July 30th. Vertical Research reiterated a "hold" rating and issued a $103.00 price objective on shares of United Parcel Service in a report on Wednesday, July 30th. Bank of America dropped their target price on United Parcel Service from $83.00 to $81.00 and set an "underperform" rating on the stock in a report on Friday, September 26th. Weiss Ratings restated a "sell (d+)" rating on shares of United Parcel Service in a research report on Wednesday, October 8th. Finally, Oppenheimer lowered their price target 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. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have issued a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $110.00.

United Parcel Service Trading Up 4.0%

Shares of UPS opened at $94.54 on Friday. The business's 50-day moving average price is $88.78 and its 200 day moving average price is $92.82. The company has a current ratio of 1.30, a quick ratio of 1.32 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of $80.21 billion, a P/E ratio of 14.61, a P/E/G ratio of 2.29 and a beta of 1.11. United Parcel Service, Inc. has a 1-year low of $82.00 and a 1-year high of $138.67.

United Parcel Service (NYSE:UPS - Get Free Report) last announced its earnings results on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, topping the consensus estimate 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 analysts' expectations of $20.94 billion. During the same period last year, the company posted $1.76 earnings per share. The business's revenue for the quarter was down 3.7% on a year-over-year basis. United Parcel Service has set its Q4 2025 guidance at EPS. Analysts expect that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, November 17th will be paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.9%. The ex-dividend date of this dividend is Monday, November 17th. United Parcel Service's payout ratio is 101.39%.

United Parcel Service Company 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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