Wealthedge Investment Advisors LLC Raises Stock Holdings in United Parcel Service, Inc. $UPS

Key Points

• Wealthedge Investment Advisors LLC raised its stake in United Parcel Service by 15.6% in Q2 to 34,394 shares valued at about $3.47 million, representing roughly 1.4% of the firm's portfolio and its 20th-largest holding.
• UPS beat quarterly estimates with EPS of $1.74 (consensus $1.31) and revenue of $21.42 billion (consensus $20.94 billion), although revenue was down about 3.7% year-over-year.
• UPS announced a quarterly dividend of $1.64 (annualized $6.56) for a ~6.9% yield, while the payout ratio is elevated at roughly 101.4%.

Wealthedge Investment Advisors LLC lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS - Free Report) by 15.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 34,394 shares of the transportation company's stock after acquiring an additional 4,647 shares during the period. United Parcel Service accounts for approximately 1.4% of Wealthedge Investment Advisors LLC's portfolio, making the stock its 20th biggest holding. Wealthedge Investment Advisors LLC's holdings in United Parcel Service were worth $3,472,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Evelyn Partners Investment Management Europe Ltd boosted its stake in shares of United Parcel Service by 110.1% during the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company's stock worth $25,000 after purchasing an additional 131 shares during the last quarter. Mid American Wealth Advisory Group Inc. acquired a new position in shares of United Parcel Service in the second quarter valued at approximately $26,000. Hemington Wealth Management lifted its stake in shares of United Parcel Service by 68.9% during the first quarter. Hemington Wealth Management now owns 282 shares of the transportation company's stock valued at $31,000 after buying an additional 115 shares during the period. Saudi Central Bank acquired a new stake in United Parcel Service during the first quarter worth approximately $32,000. Finally, Flaharty Asset Management LLC acquired a new stake in United Parcel Service during the first quarter worth approximately $33,000. Institutional investors and hedge funds own 60.26% of the company's stock.

United Parcel Service Stock Down 0.2%

Shares of NYSE:UPS opened at $95.46 on Monday. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.32 and a current ratio of 1.30. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $136.99. The stock has a market capitalization of $80.98 billion, a P/E ratio of 14.75, a PEG ratio of 2.29 and a beta of 1.11. The stock has a 50-day simple moving average of $89.83 and a 200-day simple moving average of $92.67.

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

United Parcel Service Announces Dividend

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

Analyst Upgrades and Downgrades

Several brokerages have weighed in on UPS. Stephens upgraded United Parcel Service to a "hold" rating in a report on Wednesday, October 29th. Bank of America dropped their target price on United Parcel Service from $83.00 to $81.00 and set an "underperform" rating for the company in a research note on Friday, September 26th. Wall Street Zen upgraded United Parcel Service from a "sell" rating to a "hold" rating in a research report on Saturday, November 1st. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of United Parcel Service from $100.00 to $88.00 and set a "hold" rating for the company in a research note on Thursday, October 2nd. Finally, Citigroup increased their price objective on shares of United Parcel Service from $112.00 to $120.00 and gave the stock a "buy" rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $110.00.

About United Parcel Service

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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