United Parcel Service, Inc. $UPS Stock Holdings Lifted by Concurrent Investment Advisors LLC

Key Points

• Concurrent Investment Advisors increased its UPS position by 19% in the second quarter, bringing its holdings to 144,972 shares valued at approximately $15.6 million. Institutional investors collectively own 60.26% of UPS stock.
• Analyst sentiment remains mixed, with UPS carrying an average “Hold” rating and a consensus price target of $117.41. Recent firms raised their price targets, including Citigroup to $132 and Oppenheimer to $117.
• UPS reported quarterly earnings of $1.76 per share, beating estimates, while revenue rose 7.6% year over year to $22.83 billion. The company also paid a quarterly dividend of $1.64, equivalent to a 6.4% annualized yield.

Concurrent Investment Advisors LLC grew its position in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 19.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 144,972 shares of the transportation company's stock after purchasing an additional 23,123 shares during the period. Concurrent Investment Advisors LLC's holdings in United Parcel Service were worth $15,584,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. IFC & Insurance Marketing Inc. acquired a new position in United Parcel Service in the fourth quarter worth approximately $25,000. University of Texas Texas AM Investment Management Co. acquired a new stake in United Parcel Service in the fourth quarter valued at approximately $25,000. Coston McIsaac & Partners grew its position in United Parcel Service by 77.8% in the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company's stock worth $27,000 after acquiring an additional 119 shares in the last quarter. Kemnay Advisory Services Inc. bought a new stake in United Parcel Service in the fourth quarter worth approximately $29,000. Finally, Legacy Wealth Managment LLC ID increased its stake in shares of United Parcel Service by 48.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company's stock worth $30,000 after purchasing an additional 101 shares during the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on UPS shares. Citigroup raised their price target on shares of United Parcel Service from $127.00 to $132.00 and gave the company a "buy" rating in a report on Thursday, July 9th. Weiss Ratings raised shares of United Parcel Service from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Monday, August 17th. Oppenheimer increased their target price 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. Stifel Nicolaus raised their target price on United Parcel Service from $114.00 to $115.00 and gave the company a "buy" rating in a report on Wednesday, July 29th. Finally, Citizens Jmp assumed coverage on United Parcel Service in a research report on Wednesday, July 15th. They issued a "market perform" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $117.41.

United Parcel Service Trading Down 1.2%

Shares of NYSE:UPS opened at $102.30 on Friday. The company has a market cap of $87.03 billion, a P/E ratio of 19.01, a P/E/G ratio of 1.85 and a beta of 1.06. The stock's 50-day moving average is $107.78 and its 200-day moving average is $105.49. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.18 and a current ratio of 1.18.

United Parcel Service (NYSE:UPS - Get Free Report) last posted its quarterly earnings data on Tuesday, July 28th. The transportation company reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.11. The business 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 firm's revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.55 EPS. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. Equities research analysts predict that United Parcel Service, Inc. will post 7.22 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th were issued a $1.64 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.4%. United Parcel Service's dividend payout ratio is 121.93%.

United Parcel Service Company 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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