Stoneridge Investment Partners LLC Buys Shares of 7,041 United Parcel Service, Inc. $UPS

Stoneridge Investment Partners LLC purchased a new position in shares of United Parcel Service, Inc. (NYSE:UPS) in the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 7,041 shares of the transportation company’s stock, valued at approximately $734,000.

Several other institutional investors and hedge funds also recently made changes to their positions in UPS. University of Texas Texas AM Investment Management Co. bought a new position in United Parcel Service during the fourth quarter worth about $25,000. IFC & Insurance Marketing Inc. purchased a new position in United Parcel Service during the fourth quarter valued at approximately $25,000. Coston McIsaac & Partners grew its position in shares of United Parcel Service by 77.8% during the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 119 shares in the last quarter. Torren Management LLC bought a new stake in United Parcel Service during the fourth quarter valued at $29,000. Finally, Kemnay Advisory Services Inc. purchased a new position in United Parcel Service during the fourth quarter worth about $29,000. Institutional investors own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on UPS shares. Susquehanna upped their target price on United Parcel Service from $118.00 to $120.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 29th. Sanford C. Bernstein lifted their price target on United Parcel Service from $130.00 to $133.00 and gave the company an “outperform” rating in a research report on Tuesday, July 21st. BMO Capital Markets boosted their price objective on United Parcel Service from $110.00 to $115.00 and gave the stock a “market perform” rating in a report on Wednesday, July 29th. UBS Group upped their price objective 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. Finally, Citizens Jmp began coverage on shares of United Parcel Service in a research note on Wednesday, July 15th. They issued a “market perform” rating on the stock. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $117.41.

United Parcel Service Stock Down 1.0%

Shares of NYSE:UPS opened at $104.53 on Friday. The firm has a market capitalization of $88.85 billion, a PE ratio of 19.43, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. The company has a debt-to-equity ratio of 1.58, a quick ratio of 1.18 and a current ratio of 1.18. United Parcel Service, Inc. has a 52-week low of $82.00 and a 52-week high of $122.41. The firm has a fifty day moving average of $108.88 and a 200 day moving average of $106.51.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share for the quarter, beating analysts’ consensus estimates of $1.65 by $0.11. United Parcel Service had a return on equity of 37.50% and a net margin of 5.08%.The business had revenue of $22.83 billion for the quarter, compared to the consensus estimate of $21.86 billion. During the same quarter last year, the business posted $1.55 earnings per share. The company’s revenue for the quarter 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, research analysts anticipate that United Parcel Service, Inc. will post 7.22 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Monday, August 17th will be given a $1.64 dividend. The ex-dividend date is Monday, August 17th. This represents a $6.56 dividend on an annualized basis and a yield of 6.3%. United Parcel Service’s payout ratio is presently 121.93%.

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.