Ferguson Wellman Capital Management Inc. Has $12.10 Million Position in United Parcel Service, Inc. $UPS

Ferguson Wellman Capital Management Inc. lifted its holdings in shares of United Parcel Service, Inc. (NYSE:UPS) by 10.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 112,529 shares of the transportation company’s stock after purchasing an additional 10,417 shares during the period. Ferguson Wellman Capital Management Inc.’s holdings in United Parcel Service were worth $12,097,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. LFG Wealth Partners LLC purchased a new position in shares of United Parcel Service during the 4th quarter worth about $1,207,000. RiverFront Investment Group LLC increased its position in United Parcel Service by 937.9% during the fourth quarter. RiverFront Investment Group LLC now owns 245,564 shares of the transportation company’s stock worth $24,358,000 after purchasing an additional 221,905 shares during the last quarter. Bank of New York Mellon Corp raised its stake in United Parcel Service by 1.5% during the fourth quarter. Bank of New York Mellon Corp now owns 4,541,742 shares of the transportation company’s stock worth $450,495,000 after purchasing an additional 65,652 shares during the period. Nomura Asset Management Co. Ltd. raised its stake in United Parcel Service by 4.0% during the fourth quarter. Nomura Asset Management Co. Ltd. now owns 435,126 shares of the transportation company’s stock worth $43,160,000 after purchasing an additional 16,764 shares during the period. Finally, Sigma Planning Corp boosted its holdings in shares of United Parcel Service by 37.1% in the 1st quarter. Sigma Planning Corp now owns 36,722 shares of the transportation company’s stock valued at $3,613,000 after purchasing an additional 9,941 shares during the last quarter. 60.26% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Wall Street Zen raised shares of United Parcel Service from a “hold” rating to a “buy” rating in a research note on Saturday, August 8th. Stephens reduced their target price on United Parcel Service from $135.00 to $130.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Sanford C. Bernstein boosted 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. UBS Group upped their price target on United Parcel Service from $123.00 to $124.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Finally, Susquehanna lifted their price objective on United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $117.41.

United Parcel Service Stock Performance

Shares of UPS stock opened at $105.40 on Friday. The company’s fifty day simple moving average is $108.20 and its 200-day simple moving average is $106.04. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $122.41. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.58. The company has a market cap of $89.67 billion, a PE ratio of 19.59, a P/E/G ratio of 1.91 and a beta of 1.06.

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

United Parcel Service Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th will be given a $1.64 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $6.56 annualized dividend and a dividend yield of 6.2%. United Parcel Service’s dividend payout ratio is presently 121.93%.

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.