United Parcel Service, Inc. $UPS Stock Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lessened its stake in United Parcel Service, Inc. (NYSE:UPS - Free Report) by 2.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,827,682 shares of the transportation company's stock after selling 45,408 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned 0.21% of United Parcel Service worth $170,779,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. Wellington Management Group LLP raised its position in United Parcel Service by 262.7% in the 2nd quarter. Wellington Management Group LLP now owns 3,046,707 shares of the transportation company's stock worth $327,521,000 after buying an additional 2,206,666 shares during the last quarter. Bank of America Corp DE raised its position in shares of United Parcel Service by 23.3% during the 1st quarter. Bank of America Corp DE now owns 9,728,123 shares of the transportation company's stock valued at $957,053,000 after purchasing an additional 1,836,651 shares during the period. Manning & Napier Advisors LLC purchased a new position in shares of United Parcel Service in the second quarter valued at about $192,304,000. Cullen Capital Management LLC purchased a new stake in shares of United Parcel Service during the second quarter worth about $178,071,000. Finally, First Trust Advisors LP raised its stake in United Parcel Service by 37.4% during the 1st quarter. First Trust Advisors LP now owns 3,631,133 shares of the transportation company's stock valued at $357,231,000 after purchasing an additional 988,442 shares during the period. Institutional investors own 60.26% of the company's stock.

United Parcel Service Stock Up 0.1%

Shares of United Parcel Service stock opened at $108.35 on Monday. The company has a quick ratio of 1.18, a current ratio of 1.24 and a debt-to-equity ratio of 1.67. The company has a market cap of $92.18 billion, a P/E ratio of 20.84, a PEG ratio of 1.94 and a beta of 1.07. The firm's 50 day moving average price is $99.19 and its 200-day moving average price is $104.63. United Parcel Service, Inc. has a 52-week low of $90.84 and a 52-week high of $122.41.

United Parcel Service (NYSE:UPS - Get Free Report) last released its earnings results on Tuesday, October 27th. The transportation company reported $1.69 EPS for the quarter, topping analysts' consensus estimates of $1.62 by $0.07. United Parcel Service had a net margin of 4.84% and a return on equity of 37.78%. The company had revenue of $22.90 billion during the quarter, compared to analysts' expectations of $22.27 billion. During the same period last year, the business earned $1.74 EPS. United Parcel Service's revenue for the quarter was up 6.9% on a year-over-year basis. On average, sell-side analysts predict that United Parcel Service, Inc. will post 7.28 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th were issued a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend was Monday, August 17th. United Parcel Service's payout ratio is 126.15%.

Insider Buying and Selling at United Parcel Service

In related news, insider Matthew W. Guffey sold 8,318 shares of the company's stock in a transaction dated Wednesday, October 28th. The stock was sold at an average price of $105.39, for a total value of $876,634.02. Following the completion of the transaction, the insider owned 271 shares of the company's stock, valued at approximately $28,560.69. This represents a 96.84% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.19% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on UPS. Susquehanna raised their target price on shares of United Parcel Service from $118.00 to $120.00 and gave the company a "neutral" rating in a research note on Wednesday, July 29th. Barclays raised their target price on shares of United Parcel Service from $80.00 to $95.00 and gave the company an "underweight" rating in a report on Wednesday, October 28th. Truist Financial upped their price target on shares of United Parcel Service from $115.00 to $120.00 and gave the company a "buy" rating in a research note on Wednesday, October 28th. UBS Group increased their price objective on shares of United Parcel Service from $124.00 to $125.00 and gave the company a "buy" rating in a research report on Wednesday, October 28th. Finally, Raymond James Financial upped their target price on shares of United Parcel Service from $127.00 to $131.00 and gave the company a "strong-buy" rating in a research report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, United Parcel Service has a consensus rating of "Hold" and an average target price of $118.45.

Key Headlines Impacting United Parcel Service

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

• Positive Sentiment: UPS exceeded quarterly expectations, reporting $22.90 billion in revenue and adjusted earnings of $1.69 per share versus consensus estimates of $22.27 billion and $1.62, respectively. Management cited stronger premium services, international trade lanes, automation, and improved customer mix. 5 revealing analyst questions from United Parcel Service’s Q3 earnings call
• Positive Sentiment: UPS raised its outlook despite declining shipment volume, suggesting that higher revenue per package, productivity improvements, and cost control are more than offsetting weaker demand. The company plans to use automation and radio-frequency tracking for approximately 70% of packages during the holiday season. Why Did United Parcel Service Raise Guidance Despite Falling Volume?
• Positive Sentiment: Several analysts, including Wells Fargo, Truist, Barclays, Citigroup, Oppenheimer, Bank of America, and UBS, issued bullish commentary or increased their price targets. The recommendations reinforce the view that UPS’s earnings recovery and valuation offer additional upside. Wells Fargo expects UPS stock to rise
• Neutral Sentiment: Comparisons with FedEx highlight UPS’s improved earnings momentum, dividend appeal, and valuation, but also emphasize that future returns depend on sustaining margin gains while handling fewer packages. UPS vs. FedEx: Which Stock Is the Better Buy After Strong Q3 Results?
• Negative Sentiment: Insider Matthew W. Guffey sold 8,318 UPS shares for approximately $876,634, reducing his remaining ownership by 96.84%. While one insider sale is not necessarily a fundamental signal, it may modestly weigh on sentiment. SEC insider transaction filing

United Parcel Service Profile

United Parcel Service, Inc NYSE: UPS is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.

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