Rep. C. Scott Franklin Sells Off Shares of United Parcel Service, Inc. (NYSE:UPS)

Key Points

• Rep. C. Scott Franklin sold shares of United Parcel Service, Inc. (NYSE:UPS) for between $50,001 and $100,000 on July 22nd, 2023, as disclosed in a filing.
• United Parcel Service recently reported $1.55 EPS for the quarter, slightly below analysts' expectations of $1.56, with revenue of $21.20 billion.
• The company declared a quarterly dividend of $1.64, representing an annualized yield of 7.8%, with a high dividend payout ratio of 97.62%.

Representative C. Scott Franklin (R-Florida) recently sold shares of United Parcel Service, Inc. NYSE: UPS. In a filing disclosed on July 31st, the Representative disclosed that they had sold between $50,001 and $100,000 in United Parcel Service stock on July 22nd. The trade occurred in the Representative's "FIDELITY TRADITIONAL IRA" account.

Representative C. Scott Franklin also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 7/22/2025.
• Sold $15,001 - $50,000 in shares of Visa NYSE: V on 6/16/2025.
• Sold $15,001 - $50,000 in shares of Apple NASDAQ: AAPL on 6/16/2025.
• Sold $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOG on 6/16/2025.
• Sold $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 6/16/2025.
• Sold $15,001 - $50,000 in shares of McDonald's NYSE: MCD on 6/16/2025.
• Sold $1,001 - $15,000 in shares of United Parcel Service NYSE: UPS on 6/16/2025.
• Sold $15,001 - $50,000 in shares of Johnson & Johnson NYSE: JNJ on 6/16/2025.
• Sold $15,001 - $50,000 in shares of Walmart NYSE: WMT on 6/16/2025.
• Sold $15,001 - $50,000 in shares of Berkshire Hathaway NYSE: BRK.B on 6/16/2025.

United Parcel Service Stock Performance

NYSE:UPS opened at $84.54 on Friday. The company has a quick ratio of 1.09, a current ratio of 1.32 and a debt-to-equity ratio of 1.51. The business's 50-day moving average price is $99.32 and its two-hundred day moving average price is $106.14. The stock has a market cap of $71.59 billion, a P/E ratio of 12.58, a PEG ratio of 1.56 and a beta of 1.12. United Parcel Service, Inc. has a twelve month low of $84.28 and a twelve month high of $145.01.

United Parcel Service (NYSE:UPS - Get Free Report) last released its quarterly earnings results on Tuesday, July 29th. The transportation company reported $1.55 EPS for the quarter, missing analysts' consensus estimates of $1.56 by ($0.01). United Parcel Service had a return on equity of 39.61% and a net margin of 6.34%. The company had revenue of $21.20 billion during the quarter, compared to analysts' expectations of $20.90 billion. During the same period in the prior year, the firm earned $1.79 EPS. United Parcel Service's quarterly revenue was down 2.7% on a year-over-year basis. As a group, equities 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 was paid on Thursday, June 5th. Shareholders of record on Monday, May 19th were issued a $1.64 dividend. The ex-dividend date of this dividend was Monday, May 19th. This represents a $6.56 annualized dividend and a dividend yield of 7.8%. United Parcel Service's dividend payout ratio (DPR) is presently 97.62%.

Institutional Trading of United Parcel Service

Large investors have recently added to or reduced their stakes in the stock. Graybill Wealth Management LTD. bought a new stake in shares of United Parcel Service during the 1st quarter valued at about $26,000. Mid American Wealth Advisory Group Inc. purchased a new stake in United Parcel Service in the second quarter worth about $26,000. Pinney & Scofield Inc. bought a new stake in United Parcel Service during the 4th quarter valued at approximately $27,000. Citizens National Bank Trust Department grew its holdings in shares of United Parcel Service by 525.0% during the 1st quarter. Citizens National Bank Trust Department now owns 250 shares of the transportation company's stock worth $27,000 after acquiring an additional 210 shares during the period. Finally, Fourth Dimension Wealth LLC bought a new position in shares of United Parcel Service in the 4th quarter worth approximately $28,000. Institutional investors own 60.26% of the company's stock.

Analyst Upgrades and Downgrades

UPS has been the subject of several research analyst reports. Stifel Nicolaus dropped their price target on United Parcel Service from $124.00 to $120.00 and set a "buy" rating for the company in a research note on Wednesday. Jefferies Financial Group cut their target price on United Parcel Service from $150.00 to $130.00 in a research note on Wednesday, April 30th. Galvan Research decreased their price target on shares of United Parcel Service from $126.00 to $124.00 and set a "buy" rating on the stock in a research note on Monday, June 30th. Citigroup cut their price objective on shares of United Parcel Service from $127.00 to $114.00 and set a "buy" rating for the company in a research note on Thursday. Finally, Stephens decreased their target price on shares of United Parcel Service from $110.00 to $101.00 in a research report on Wednesday, April 30th. Two equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $112.81.

Insider Buying and Selling

In other news, CEO Carol B. Tome acquired 11,682 shares of the stock in a transaction on Friday, August 1st. The stock was acquired at an average price of $85.67 per share, with a total value of $1,000,796.94. Following the completion of the transaction, the chief executive officer owned 24,718 shares of the company's stock, valued at $2,117,591.06. This represents a 89.61% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director William R. Johnson bought 5,000 shares of United Parcel Service stock in a transaction dated Thursday, July 31st. The stock was acquired at an average cost of $86.50 per share, for a total transaction of $432,500.00. Following the completion of the transaction, the director directly owned 10,160 shares in the company, valued at approximately $878,840. This trade represents a 96.90% increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.13% of the company's stock.

About Representative Franklin

Scott Franklin (Republican Party) is a member of the U.S. House, representing Florida's 18th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Franklin (Republican Party) is running for re-election to the U.S. House to represent Florida's 18th Congressional District. He declared candidacy for the 2026 election. Scott Franklin was born in Thomaston, Georgia. Franklin graduated from Lakeland High School. He served in the U.S. Navy from 1986 to 2000 and the U.S. Navy Reserve from 2000 to 2012. Franklin earned a B.S. from the United States Naval Academy in 1986 and an M.B.A. from Embry-Riddle Aeronautical University in 1994. Franklin's career experience includes owning an insurance agency and working as a naval aviator with the U.S. Navy.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.