United Parcel Service (NYSE:UPS) Upgraded by Wall Street Zen to Buy Rating

Wall Street Zen upgraded shares of United Parcel Service (NYSE:UPS) from a hold rating to a buy rating in a research report sent to investors on Saturday morning.

A number of other research firms have also recently issued reports on UPS. Sanford C. Bernstein upped their price objective on shares of United Parcel Service from $130.00 to $133.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 21st. Stifel Nicolaus boosted their target price on shares of United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. BMO Capital Markets upped their price target on shares of United Parcel Service from $110.00 to $115.00 and gave the stock a “market perform” rating in a report on Wednesday, July 29th. UBS Group increased their price target on United Parcel Service from $123.00 to $124.00 and gave the company a “buy” rating in a research note on Wednesday, July 29th. Finally, Weiss Ratings lowered United Parcel Service from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $117.41.

United Parcel Service Price Performance

United Parcel Service stock opened at $104.56 on Friday. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.21 and a current ratio of 1.18. United Parcel Service has a 52 week low of $82.00 and a 52 week high of $122.41. The stock has a market capitalization of $88.88 billion, a P/E ratio of 19.43, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. The stock has a fifty day moving average of $109.33 and a 200-day moving average of $106.62.

United Parcel Service (NYSE:UPS) last released its quarterly earnings data on Tuesday, July 28th. The transportation company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.65 by $0.11. The business had revenue of $22.83 billion for the quarter, compared to analyst estimates of $21.86 billion. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.United Parcel Service’s revenue was up 7.6% compared to the same quarter last year. During the same period last year, the firm posted $1.55 earnings per share. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. On average, sell-side analysts expect that United Parcel Service will post 7.22 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th will be issued a dividend of $1.64 per share. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date is Monday, August 17th. United Parcel Service’s payout ratio is 121.93%.

Institutional Trading of United Parcel Service

A number of institutional investors and hedge funds have recently bought and sold shares of UPS. Potomac Fund Management Inc. ADV raised its position in shares of United Parcel Service by 0.8% during the fourth quarter. Potomac Fund Management Inc. ADV now owns 11,324 shares of the transportation company’s stock worth $1,123,000 after acquiring an additional 90 shares during the last quarter. Ipsen Advisor Group LLC lifted its stake in shares of United Parcel Service by 1.7% in the fourth quarter. Ipsen Advisor Group LLC now owns 5,670 shares of the transportation company’s stock worth $562,000 after acquiring an additional 95 shares during the period. Webster Bank N. A. boosted its holdings in United Parcel Service by 16.7% in the fourth quarter. Webster Bank N. A. now owns 698 shares of the transportation company’s stock valued at $69,000 after acquiring an additional 100 shares during the last quarter. Peoples Financial Services CORP. increased its position in United Parcel Service by 2.5% during the 4th quarter. Peoples Financial Services CORP. now owns 4,030 shares of the transportation company’s stock valued at $400,000 after purchasing an additional 100 shares during the period. Finally, Argyle Capital Management LLC increased its position in United Parcel Service by 0.4% during the 4th quarter. Argyle Capital Management LLC now owns 27,505 shares of the transportation company’s stock valued at $2,728,000 after purchasing an additional 100 shares during the period. 60.26% of the stock is currently owned by institutional investors and hedge funds.

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.