United Parcel Service (NYSE:UPS) Insider Sells $876,634.02 in Stock

United Parcel Service, Inc. (NYSE:UPS) insider Matthew Guffey sold 8,318 shares of the company’s stock in a transaction that occurred on Wednesday, October 28th. The stock was sold at an average price of $105.39, for a total value of $876,634.02. Following the completion of the transaction, the insider owned 271 shares of the company’s stock, valued at approximately $28,560.69. This represents a 96.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

United Parcel Service Stock Up 1.0%

NYSE:UPS traded up $1.02 during trading hours on Friday, hitting $108.35. The stock had a trading volume of 5,428,381 shares, compared to its average volume of 5,618,266. The company has a market cap of $92.18 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 1.89 and a beta of 1.07. The business has a 50 day simple moving average of $99.08 and a two-hundred day simple moving average of $104.63. United Parcel Service, Inc. has a 1-year low of $90.84 and a 1-year high of $122.41. The company has a current ratio of 1.24, a quick ratio of 1.18 and a debt-to-equity ratio of 1.67.

United Parcel Service (NYSE:UPS) last released its quarterly earnings results on Tuesday, October 27th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.07. The firm had revenue of $22.90 billion for the quarter, compared to the consensus estimate of $22.27 billion. United Parcel Service had a net margin of 4.84% and a return on equity of 37.78%. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.74 EPS. Analysts predict that United Parcel Service, Inc. will post 7.29 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Monday, August 17th were given a dividend of $1.64 per share. The ex-dividend date of this dividend was Monday, August 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 (DPR) is presently 126.15%.

More United Parcel Service News

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

• Positive Sentiment: Q3 results exceeded expectations. UPS reported better-than-anticipated revenue and adjusted earnings, supported by growth in premium U.S. domestic services and international trade lanes. Management said automation, improved customer mix and higher-value offerings helped revenue per package grow faster than cost per package. 5 revealing analyst questions from United Parcel Service’s Q3 earnings call
• Positive Sentiment: Management raised its outlook despite lower package volume. The strategy is shifting toward more profitable shipments rather than maximizing total volume, which reassured investors that pricing, productivity and mix improvements can support earnings and the dividend. Why Did United Parcel Service Raise Guidance Despite Falling Volume?
• Positive Sentiment: Analysts became more constructive. Wells Fargo, Truist, Citi, Oppenheimer, Barclays, Bank of America and UBS issued bullish outlooks or raised UPS price targets. UBS increased its target to $125, while Citi lifted its target to $131, implying meaningful potential upside from recent levels. Citigroup analyst outlook
• Neutral Sentiment: Automation is a key execution test. UPS expects machines to handle about 70% of packages during the holiday season. The investment could improve efficiency and protect margins, but results depend on meeting productivity targets during peak demand. 70% of UPS Packages Will Be Handled by Machines This Holiday Season
• Negative Sentiment: Longer-term concerns remain. UPS has faced declining volumes and competitive pressure from FedEx, and a decade-long share-price decline has raised questions about whether dividends have fully offset capital losses. These issues could limit the recovery if margin improvements fail to persist. $1,000 in UPS Stock 10 Years Ago

Institutional Investors Weigh In On United Parcel Service

Several large investors have recently added to or reduced their stakes in the stock. Markowski Investments bought a new stake in shares of United Parcel Service during the second quarter valued at approximately $30,000. Allied Private Wealth LLC acquired a new stake in United Parcel Service in the 2nd quarter valued at approximately $34,000. Legacy Wealth Managment LLC ID raised its stake in United Parcel Service by 48.6% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 101 shares in the last quarter. Community Financial Services Group LLC raised its stake in United Parcel Service by 170.1% during the 2nd quarter. Community Financial Services Group LLC now owns 370 shares of the transportation company’s stock valued at $41,000 after acquiring an additional 233 shares in the last quarter. Finally, Grove Bank & Trust boosted its position in United Parcel Service by 49.8% during the 2nd quarter. Grove Bank & Trust now owns 379 shares of the transportation company’s stock worth $41,000 after acquiring an additional 126 shares during the period. 60.26% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

UPS has been the topic of a number of research analyst reports. Evercore increased their price objective on shares of United Parcel Service from $117.00 to $118.00 in a research note on Wednesday, July 29th. Wells Fargo & Company increased their price target on shares of United Parcel Service from $110.00 to $112.00 and gave the stock an “equal weight” rating in a research report on Wednesday. UBS Group lifted their price target on United Parcel Service from $124.00 to $125.00 and gave the stock a “buy” rating in a research note on Wednesday. TD Cowen boosted their price objective on United Parcel Service from $115.00 to $116.00 and gave the company a “hold” rating in a report on Wednesday. Finally, Stifel Nicolaus increased their target price on United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a report on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, United Parcel Service presently has an average rating of “Hold” and an average price target of $118.45.

About United Parcel Service

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company. Its services include the transportation and delivery of packages and freight, time-definite express delivery, supply chain management, customs brokerage, and logistics consulting. UPS serves businesses and consumers through ground, air, and international delivery networks.

The company operates across the United States and in international markets throughout Europe, Asia-Pacific, Latin America, Canada, and other regions.