Czech National Bank lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS – Free Report) by 5.6% in the 2nd quarter, Holdings Channel reports. The fund owned 212,506 shares of the transportation company’s stock after acquiring an additional 11,245 shares during the quarter. Czech National Bank’s holdings in United Parcel Service were worth $22,844,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. University of Texas Texas AM Investment Management Co. bought a new stake in shares of United Parcel Service in the fourth quarter valued at about $25,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of United Parcel Service in the fourth quarter valued at approximately $25,000. Coston McIsaac & Partners lifted its position in shares of United Parcel Service by 77.8% in the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after purchasing an additional 119 shares in the last quarter. Torren Management LLC acquired a new position in United Parcel Service during the fourth quarter worth $29,000. Finally, Kemnay Advisory Services Inc. bought a new position in United Parcel Service in the fourth quarter valued at $29,000. 60.26% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the company. Susquehanna raised their price objective on United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. Sanford C. Bernstein increased their price target on United Parcel Service from $130.00 to $133.00 and gave the company an “outperform” rating in a research report on Tuesday, July 21st. Evercore decreased their price target on United Parcel Service from $115.00 to $113.00 and set an “in-line” rating for the company in a research note on Wednesday, April 22nd. Stifel Nicolaus upped their price objective on United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Stephens dropped their price objective on United Parcel Service from $135.00 to $130.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $117.41.
United Parcel Service Trading Up 1.3%
Shares of NYSE:UPS opened at $104.56 on Friday. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41. The company has a market capitalization of $88.88 billion, a P/E ratio of 19.43, a price-to-earnings-growth ratio of 1.87 and a beta of 1.06. The company has a 50-day simple moving average of $109.33 and a 200 day simple moving average of $106.62. 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 (NYSE:UPS – Get Free Report) last announced its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.65 by $0.11. The firm had revenue of $22.83 billion for the quarter, compared to the consensus estimate of $21.86 billion. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.The business’s revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.55 earnings per share. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. Sell-side analysts forecast that United Parcel Service, Inc. will post 7.21 earnings per share for the current year.
United Parcel Service Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Monday, August 17th will be issued a dividend of $1.64 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.3%. United Parcel Service’s payout ratio is presently 121.93%.
United Parcel Service 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.
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