M&T Bank Corp Sells 43,187 Shares of United Parcel Service, Inc. $UPS

M&T Bank Corp trimmed its holdings in United Parcel Service, Inc. (NYSE:UPS) by 32.3% in the fourth quarter, HoldingsChannel reports. The fund owned 90,690 shares of the transportation company’s stock after selling 43,187 shares during the period. M&T Bank Corp’s holdings in United Parcel Service were worth $8,996,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Shrier Wealth Management LLC bought a new stake in shares of United Parcel Service in the 4th quarter worth approximately $1,099,000. Strategic Planning Inc. bought a new stake in United Parcel Service during the 3rd quarter valued at $3,885,000. Victory Capital Management Inc. raised its holdings in United Parcel Service by 10.5% during the 3rd quarter. Victory Capital Management Inc. now owns 7,991,490 shares of the transportation company’s stock valued at $667,109,000 after buying an additional 761,217 shares during the last quarter. World Investment Advisors raised its holdings in United Parcel Service by 260.4% during the 3rd quarter. World Investment Advisors now owns 78,577 shares of the transportation company’s stock valued at $6,564,000 after buying an additional 56,772 shares during the last quarter. Finally, Jaffetilchin Investment Partners LLC raised its holdings in United Parcel Service by 192.7% during the 4th quarter. Jaffetilchin Investment Partners LLC now owns 19,734 shares of the transportation company’s stock valued at $1,957,000 after buying an additional 12,993 shares during the last quarter. 60.26% of the stock is currently owned by institutional investors.

Key Stories Impacting United Parcel Service

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

• Positive Sentiment: Indiana state tax court granted partial summary judgment to UPS on the wording of Indiana’s special fuel tax statute, a legal win that could reduce UPS’s tax exposure or lead to refunds. State tax court grants partial summary judgment to UPS over language of Indiana’s special fuel tax statute
• Positive Sentiment: An Indiana judge has indicated UPS overpaid fuel tax for private-road travel, reinforcing the potential for refunds or lowered future liabilities from the state dispute. This reduces a contingent tax risk on the balance sheet. UPS Overpaid Fuel Tax on Private Road Travel, Indiana Judge Says
• Positive Sentiment: UPS announced a temporary $0.23-per-pound surge fee across seven services on U.S. imports/exports, which should increase near-term revenue per shipment and help margins on cross-border volume. UPS adds temporary surge fee to US imports, exports
• Neutral Sentiment: Coverage notes that UPS has been a trending ticker and that analysts and Zacks readers are parsing its Q1 estimates and key operational metrics—heightening focus on the upcoming quarter and increasing short-term volatility. United Parcel Service, Inc. (UPS) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Pre-earnings previews examine expected Q1 metrics beyond headline revenue and EPS; investor attention to margin drivers, international volumes, and pricing will matter for near-term guidance and sentiment. Curious about UPS (UPS) Q1 Performance? Explore Wall Street Estimates for Key Metrics
• Negative Sentiment: UPS plans to close its Defiance, Ohio terminal in June—a localized network contraction that may save costs but could signal capacity rationalization or weigh on near-term local volumes and sentiment. UPS will be closing Defiance terminal in June
• Neutral Sentiment: Market headlines reported the stock moved higher in the prior session despite a broader market slip—today’s direction looks driven more by the mix of company-specific news and profit-taking than by any single factor. United Parcel Service (UPS) Increases Despite Market Slip: Here’s What You Need to Know

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. Stephens upped their price target on shares of United Parcel Service from $113.00 to $115.00 and gave the company an “equal weight” rating in a report on Wednesday, January 28th. BNP Paribas Exane lowered shares of United Parcel Service from a “neutral” rating to an “underperform” rating and set a $85.00 price target for the company. in a report on Tuesday, January 13th. Jefferies Financial Group upped their price target on shares of United Parcel Service from $115.00 to $130.00 and gave the company a “buy” rating in a report on Wednesday, January 28th. Bank of America upgraded shares of United Parcel Service from an “underperform” rating to a “neutral” rating and set a $114.00 price target for the company in a report on Friday, January 9th. Finally, Evercore reduced their price objective on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, fourteen have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $113.03.

United Parcel Service Stock Down 0.7%

Shares of United Parcel Service stock opened at $107.01 on Friday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 1.45. The company’s fifty day simple moving average is $104.24 and its two-hundred day simple moving average is $101.06. The company has a market cap of $90.86 billion, a P/E ratio of 16.31, a PEG ratio of 1.70 and a beta of 1.12. United Parcel Service, Inc. has a 12-month low of $82.00 and a 12-month high of $122.41.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Tuesday, January 27th. The transportation company reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.18. The business had revenue of $24.48 billion for the quarter, compared to the consensus estimate of $23.91 billion. United Parcel Service had a net margin of 6.28% and a return on equity of 38.30%. The company’s quarterly revenue was down 3.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.75 EPS. Research analysts anticipate that United Parcel Service, Inc. will post 7.07 EPS for the current year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 5th. Stockholders of record on Tuesday, February 17th were given a $1.64 dividend. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $6.56 dividend on an annualized basis and a dividend yield of 6.1%. United Parcel Service’s dividend payout ratio is currently 100.00%.

Insider Buying and Selling at United Parcel Service

In other news, insider Norman M. Brothers, Jr. sold 25,014 shares of the company’s 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 transaction was disclosed in a filing with the SEC, which is available through this link. 0.19% of the stock is owned by corporate insiders.

United Parcel Service Company 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.