Primecap Management Co. CA Trims Stock Holdings in United Parcel Service, Inc. $UPS

Primecap Management Co. CA lowered its stake in United Parcel Service, Inc. (NYSE:UPS) by 1.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,262,131 shares of the transportation company’s stock after selling 35,400 shares during the quarter. Primecap Management Co. CA owned about 0.27% of United Parcel Service worth $188,956,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Evelyn Partners Investment Management Europe Ltd raised its stake in United Parcel Service by 110.1% during the 2nd quarter. Evelyn Partners Investment Management Europe Ltd now owns 250 shares of the transportation company’s stock worth $25,000 after acquiring an additional 131 shares during the period. Salzhauer Michael purchased a new stake in shares of United Parcel Service in the third quarter worth $31,000. Physician Wealth Advisors Inc. increased its stake in shares of United Parcel Service by 76.5% in the third quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock worth $31,000 after purchasing an additional 163 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new stake in shares of United Parcel Service during the 2nd quarter valued at $34,000. Finally, Avion Wealth lifted its stake in shares of United Parcel Service by 284.1% during the 3rd quarter. Avion Wealth now owns 434 shares of the transportation company’s stock valued at $36,000 after buying an additional 321 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

UPS has been the subject of a number of analyst reports. Evercore increased their price target on United Parcel Service from $94.00 to $113.00 and gave the stock an “in-line” rating in a research note on Wednesday, January 21st. BMO Capital Markets increased their target price on United Parcel Service from $105.00 to $110.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 28th. Susquehanna lifted their target price on United Parcel Service from $105.00 to $115.00 and gave the company a “neutral” rating in a research note on Tuesday, January 20th. Weiss Ratings upgraded United Parcel Service from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, February 6th. Finally, HSBC raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a report on Wednesday, January 28th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, fourteen have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat.com, United Parcel Service has a consensus rating of “Hold” and an average target price of $113.67.

Insider Activity

In related news, insider Norman M. Brothers, Jr. sold 25,014 shares of the stock in a transaction dated Wednesday, January 28th. The shares were sold at an average price of $106.15, for a total value of $2,655,236.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.13% of the company’s stock.

Key United Parcel Service News

Here are the key news stories impacting United Parcel Service this week:

• Positive Sentiment: A U.S. judge has cleared UPS to offer up to $150,000 voluntary buyouts to unionized drivers, allowing the company to move ahead with plans to reduce headcount and reshape its network — a concrete step to accelerate labor-related cost savings. UPS can offer $150,000 buyouts to unionized drivers, US judge rules
• Positive Sentiment: Coverage highlights UPS’s broader cost plan — including cuts of ~30,000 roles, reduced Amazon volumes and additional network reconfiguration — which management says should deliver multibillion-dollar savings and help margins over time. These actions support the company’s margin-recovery thesis despite near-term disruption. UPS Gets Court Approval for $150K Driver Buyouts: Will This Ease Cost?
• Positive Sentiment: Longer-term investor commentary points to a structural turnaround: targets for higher automation, expansion into healthcare logistics, and a shift from volume growth to higher-margin services that could drive multi-year margin improvement if execution stays on track. United Parcel Service: From Legacy Drag To Margin Inflection
• Neutral Sentiment: Investor attention is elevated (Zacks notes increased searches/interest), which can amplify moves but doesn’t by itself signal a directional catalyst. Watch quarterly updates and execution on buyouts and volume mix for clearer direction. United Parcel Service, Inc. (UPS) is Attracting Investor Attention: Here is What You Should Know
• Negative Sentiment: Income/valuation concerns persist: analysis argues dividend-cut fears have eased but upside is limited given the current yield and the stock’s valuation; investors seeking significant near-term share-price gains may remain disappointed until clearer revenue recovery. UPS: Dividend Cut Fears Mostly Gone, But So Is The Upside

United Parcel Service Stock Performance

NYSE:UPS opened at $113.94 on Thursday. The company has a market cap of $96.66 billion, a price-to-earnings ratio of 17.37, a PEG ratio of 1.83 and a beta of 1.11. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $123.70. The stock’s 50 day simple moving average is $108.68 and its two-hundred day simple moving average is $96.39. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.22 and a quick ratio of 1.22.

United Parcel Service (NYSE:UPS) last posted its earnings results on Tuesday, January 27th. The transportation company reported $2.38 EPS for the quarter, beating analysts’ consensus estimates of $2.20 by $0.18. United Parcel Service had a return on equity of 38.30% and a net margin of 6.28%.The firm had revenue of $24.48 billion during the quarter, compared to the consensus estimate of $23.91 billion. During the same period in the prior year, the company earned $2.75 EPS. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. As a group, equities analysts anticipate that United Parcel Service, Inc. will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 5th. Stockholders of record on Tuesday, February 17th will be issued a $1.64 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 5.8%. United Parcel Service’s payout ratio is 100.00%.

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.