Nwam LLC Sells 46,865 Shares of United Parcel Service, Inc. $UPS

Nwam LLC decreased its holdings in United Parcel Service, Inc. (NYSE:UPS) by 43.6% during the 2nd quarter, Holdings Channel.com reports. The fund owned 60,679 shares of the transportation company’s stock after selling 46,865 shares during the quarter. Nwam LLC’s holdings in United Parcel Service were worth $6,523,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. University of Texas Texas AM Investment Management Co. bought a new position in shares of United Parcel Service in the fourth quarter valued at approximately $25,000. IFC & Insurance Marketing Inc. bought a new position in United Parcel Service during the 4th quarter valued at $25,000. Coston McIsaac & Partners boosted its holdings in United Parcel Service by 77.8% during the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after acquiring an additional 119 shares during the last quarter. Kemnay Advisory Services Inc. purchased a new position in United Parcel Service during the 4th quarter worth $29,000. Finally, Allied Private Wealth LLC bought a new stake in shares of United Parcel Service in the 2nd quarter worth $34,000. 60.26% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on UPS shares. Susquehanna raised their price target on shares of United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a research report on Wednesday, July 29th. Wall Street Zen upgraded shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. UBS Group lifted their target price on shares of United Parcel Service from $123.00 to $124.00 and gave the stock a “buy” rating in a research report on Wednesday, July 29th. Citigroup boosted their target price on United Parcel Service from $127.00 to $132.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Finally, Sanford C. Bernstein upped their target price on United Parcel Service from $130.00 to $133.00 and gave the company an “outperform” rating in a report on Tuesday, July 21st. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $117.41.

United Parcel Service Stock Down 1.1%

United Parcel Service stock opened at $104.16 on Tuesday. United Parcel Service, Inc. has a twelve month low of $82.00 and a twelve month high of $122.41. The firm has a 50 day moving average price of $108.14 and a 200-day moving average price of $105.85. The company has a market capitalization of $88.62 billion, a P/E ratio of 19.36, a P/E/G ratio of 1.90 and a beta of 1.06. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.58.

United Parcel Service (NYSE:UPS) last posted its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.76 EPS for the quarter, topping analysts’ consensus estimates of $1.65 by $0.11. United Parcel Service had a net margin of 5.08% and a return on equity of 37.50%. The company had revenue of $22.83 billion for the quarter, compared to analysts’ expectations of $21.86 billion. During the same quarter in the previous year, the firm posted $1.55 EPS. United Parcel Service’s revenue was up 7.6% on a year-over-year basis. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. As a group, equities analysts predict that United Parcel Service, Inc. will post 7.22 EPS for the current year.

United Parcel Service Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th will be given 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 of this dividend is Monday, August 17th. United Parcel Service’s dividend payout ratio is currently 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.