Pictet Asset Management Holding SA Sells 30,062 Shares of United Parcel Service, Inc. $UPS

Pictet Asset Management Holding SA decreased its stake in United Parcel Service, Inc. (NYSE:UPS) by 7.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 399,308 shares of the transportation company’s stock after selling 30,062 shares during the period. Pictet Asset Management Holding SA’s holdings in United Parcel Service were worth $39,607,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently made changes to their positions in UPS. Brighton Jones LLC increased its position in United Parcel Service by 63.8% during the 4th quarter. Brighton Jones LLC now owns 12,126 shares of the transportation company’s stock valued at $1,529,000 after purchasing an additional 4,723 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of United Parcel Service in the 2nd quarter worth approximately $277,000. SVB Wealth LLC acquired a new position in shares of United Parcel Service in the 2nd quarter worth approximately $848,000. Treasurer of the State of North Carolina boosted its stake in shares of United Parcel Service by 2.7% in the 2nd quarter. Treasurer of the State of North Carolina now owns 342,866 shares of the transportation company’s stock valued at $34,609,000 after purchasing an additional 9,124 shares during the last quarter. Finally, Ieq Capital LLC boosted its stake in shares of United Parcel Service by 154.5% in the 2nd quarter. Ieq Capital LLC now owns 104,819 shares of the transportation company’s stock valued at $10,580,000 after purchasing an additional 63,629 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on UPS shares. Stifel Nicolaus lifted their target price on shares of United Parcel Service from $112.00 to $116.00 and gave the stock a “buy” rating in a research note on Wednesday, January 28th. Truist Financial upped their price target on shares of United Parcel Service from $120.00 to $130.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Wolfe Research reiterated a “peer perform” rating on shares of United Parcel Service in a report on Thursday, January 8th. Bank of America raised United Parcel Service from an “underperform” rating to a “neutral” rating and set a $114.00 price objective for the company in a research report on Friday, January 9th. Finally, JPMorgan Chase & Co. boosted their price objective on United Parcel Service from $99.00 to $107.00 and gave the company a “neutral” rating in a research note on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, United Parcel Service currently has an average rating of “Hold” and an average price target of $111.80.

Trending Headlines about United Parcel Service

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

• Positive Sentiment: High yield and institutional support — Coverage notes a potential reversal backed by institutional buying and a ~6% yield that can attract income investors while management executes its turnaround. UPS stock reversal is backed by institutions and a 6% yield
• Positive Sentiment: Analyst upgrades/raises — Citigroup raised its price target to $127 and kept a buy rating, signaling upside from some sell?side desks. Read More
• Neutral Sentiment: Mixed analyst moves — UBS trimmed its target slightly to $123 but remains a buy, and Susquehanna nudged its target to $118 with a neutral stance; views vary across firms. Read More
• Negative Sentiment: Earnings and guidance split reaction — UPS reported ~$21.2B revenue and adjusted EPS in line/above some estimates but down vs. last year; management left full?year outlook largely unchanged, which disappointed investors. UPS Beats Q1 Estimates But Holds Outlook
• Negative Sentiment: Margin pressure and transition risk — CEO and management framed a transition (including stepping away from some Amazon volumes) that will pressure near?term margins even as they target a stronger earnings profile later. UPS CEO sends strong 2-word message on margin outlook
• Negative Sentiment: Tariff refunds to customers (~$5B) — UPS says it will remit tariff refunds to customers, which reduces a near-term cash benefit and could weigh on margins/earnings when realized. FedEx and UPS are pledging to give their tariff refunds back to consumers
• Negative Sentiment: Network downsizing and cost actions — UPS will close an additional 27 parcel facilities (51 total for the year) as it reshapes the network — a sign of cost-cutting but also lower volume expectations. UPS to close 27 additional parcel facilities in 2026

United Parcel Service Stock Up 2.4%

United Parcel Service stock opened at $106.48 on Thursday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 1.45. United Parcel Service, Inc. has a 12-month low of $82.00 and a 12-month high of $122.41. The firm’s fifty day moving average is $103.59 and its 200 day moving average is $101.61. The company has a market capitalization of $90.41 billion, a PE ratio of 16.23, a PEG ratio of 1.71 and a beta of 1.12.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, April 28th. The transportation company reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.11 by ($0.04). United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.The company had revenue of $21.20 billion during the quarter, compared to analyst estimates of $21.05 billion. During the same quarter in the previous year, the business posted $1.49 earnings per share. The company’s revenue for the quarter was down 1.4% compared to the same quarter last year. As a group, sell-side analysts predict that United Parcel Service, Inc. will post 7.06 EPS for the current fiscal year.

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.