PNC Financial Services Group Inc. Has $114.59 Million Stock Holdings in United Parcel Service, Inc. $UPS

PNC Financial Services Group Inc. reduced its stake in United Parcel Service, Inc. (NYSE:UPS) by 2.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,135,243 shares of the transportation company’s stock after selling 29,500 shares during the quarter. PNC Financial Services Group Inc.’s holdings in United Parcel Service were worth $114,591,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Mid American Wealth Advisory Group Inc. bought a new position in United Parcel Service during the second quarter worth $26,000. Hemington Wealth Management grew its position in shares of United Parcel Service by 68.9% during the 1st quarter. Hemington Wealth Management now owns 282 shares of the transportation company’s stock worth $31,000 after buying an additional 115 shares during the period. Saudi Central Bank bought a new position in United Parcel Service during the first quarter worth $32,000. Flaharty Asset Management LLC acquired a new position in shares of United Parcel Service during the first quarter valued at about $33,000. Finally, RMG Wealth Management LLC acquired a new stake in shares of United Parcel Service in the 2nd quarter valued at about $34,000. 60.26% of the stock is currently owned by institutional investors.

Insider Buying and Selling at United Parcel Service

In other news, Director Christiana Smith Shi purchased 500 shares of the stock in a transaction dated Friday, August 22nd. The shares were purchased at an average cost of $88.17 per share, with a total value of $44,085.00. Following the completion of the acquisition, the director owned 500 shares in the company, valued at $44,085. This represents a ∞ increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.13% of the stock is currently owned by corporate insiders.

United Parcel Service Price Performance

Shares of NYSE UPS opened at $96.12 on Thursday. The company has a current ratio of 1.30, a quick ratio of 1.32 and a debt-to-equity ratio of 1.50. The stock has a fifty day simple moving average of $87.46 and a two-hundred day simple moving average of $92.90. United Parcel Service, Inc. has a 1-year low of $82.00 and a 1-year high of $138.67. The firm has a market cap of $81.47 billion, a price-to-earnings ratio of 14.86, a price-to-earnings-growth ratio of 2.29 and a beta of 1.11.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings results on Tuesday, October 28th. The transportation company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.31 by $0.43. The firm had revenue of $21.42 billion for the quarter, compared to analysts’ expectations of $20.94 billion. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The business’s revenue for the quarter was down 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.76 EPS. United Parcel Service has set its Q4 2025 guidance at EPS. Analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Monday, November 17th will be paid a $1.64 dividend. The ex-dividend date is Monday, November 17th. This represents a $6.56 annualized dividend and a yield of 6.8%. United Parcel Service’s dividend payout ratio (DPR) is currently 101.39%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on UPS. BMO Capital Markets reissued a “market perform” rating and issued a $96.00 price objective (down previously from $125.00) on shares of United Parcel Service in a research note on Friday, September 19th. Wall Street Zen upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Susquehanna lifted their price objective on shares of United Parcel Service from $100.00 to $105.00 and gave the company a “neutral” rating in a report on Wednesday, October 29th. Morgan Stanley lowered their target price on shares of United Parcel Service from $80.00 to $75.00 and set an “underweight” rating on the stock in a report on Wednesday, July 30th. Finally, JPMorgan Chase & Co. lifted their price target on United Parcel Service from $85.00 to $97.00 and gave the company a “neutral” rating in a research note on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, sixteen have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, United Parcel Service has an average rating of “Hold” and a consensus price target of $110.00.

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.