Wealthedge Investment Advisors LLC Boosts Holdings in United Parcel Service, Inc. $UPS

Wealthedge Investment Advisors LLC lifted its position in shares of United Parcel Service, Inc. (NYSE:UPSFree Report) by 15.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,394 shares of the transportation company’s stock after purchasing an additional 4,647 shares during the period. United Parcel Service comprises 1.4% of Wealthedge Investment Advisors LLC’s portfolio, making the stock its 20th largest position. Wealthedge Investment Advisors LLC’s holdings in United Parcel Service were worth $3,472,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in UPS. Vanguard Group Inc. lifted its holdings in United Parcel Service by 1.2% in the 2nd quarter. Vanguard Group Inc. now owns 66,905,138 shares of the transportation company’s stock worth $6,753,405,000 after buying an additional 768,912 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of United Parcel Service by 3.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 25,792,139 shares of the transportation company’s stock valued at $2,603,459,000 after acquiring an additional 746,667 shares in the last quarter. Geode Capital Management LLC increased its position in shares of United Parcel Service by 4.8% during the second quarter. Geode Capital Management LLC now owns 16,623,834 shares of the transportation company’s stock worth $1,675,733,000 after acquiring an additional 762,407 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of United Parcel Service by 124.0% in the first quarter. Goldman Sachs Group Inc. now owns 9,011,107 shares of the transportation company’s stock worth $991,132,000 after acquiring an additional 4,988,044 shares in the last quarter. Finally, Norges Bank purchased a new position in United Parcel Service in the second quarter valued at about $851,842,000. 60.26% of the stock is owned by institutional investors and hedge funds.

United Parcel Service Stock Performance

Shares of UPS stock opened at $95.46 on Monday. The company has a market cap of $80.98 billion, a P/E ratio of 14.75, a PEG ratio of 2.29 and a beta of 1.11. The business has a 50 day moving average of $89.83 and a two-hundred day moving average of $92.67. The company has a quick ratio of 1.32, a current ratio of 1.30 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $136.99.

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

United Parcel Service Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Monday, November 17th will be given a $1.64 dividend. The ex-dividend date is Monday, November 17th. This represents a $6.56 annualized dividend and a yield of 6.9%. United Parcel Service’s dividend payout ratio (DPR) is currently 101.39%.

Analyst Ratings Changes

Several research firms have issued reports on UPS. Wells Fargo & Company lifted their price objective on United Parcel Service from $91.00 to $96.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. Stephens raised shares of United Parcel Service to a “hold” rating in a research report on Wednesday, October 29th. UBS Group lifted their price target on shares of United Parcel Service from $110.00 to $113.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. BMO Capital Markets reiterated a “market perform” rating and set a $96.00 price objective (down from $125.00) on shares of United Parcel Service in a research note on Friday, September 19th. Finally, JPMorgan Chase & Co. raised their price objective on shares of United Parcel Service from $85.00 to $97.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, sixteen have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $110.00.

Check Out Our Latest Research Report on United Parcel Service

About United Parcel Service

(Free Report)

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.

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Institutional Ownership by Quarter for United Parcel Service (NYSE:UPS)

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