United Parcel Service (NYSE:UPS) Upgraded to Neutral at Bank of America

Bank of America upgraded shares of United Parcel Service (NYSE:UPS) from an underperform rating to a neutral rating in a research note issued to investors on Friday, Marketbeat Ratings reports. Bank of America currently has $114.00 price target on the transportation company’s stock.

UPS has been the topic of several other reports. Stephens raised United Parcel Service to a “hold” rating in a report on Wednesday, October 29th. Stifel Nicolaus upped their price target on shares of United Parcel Service from $110.00 to $112.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. Citigroup lifted their price objective on shares of United Parcel Service from $120.00 to $126.00 and gave the stock a “buy” rating in a research note on Thursday. Wall Street Zen upgraded shares of United Parcel Service from a “sell” rating to a “hold” rating in a report on Saturday, November 1st. Finally, UBS Group increased their price target on shares of United Parcel Service from $113.00 to $116.00 and gave the company a “buy” rating in a report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, eighteen have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $111.82.

United Parcel Service Stock Up 1.1%

UPS opened at $108.11 on Friday. The firm has a 50-day simple moving average of $97.86 and a two-hundred day simple moving average of $93.08. United Parcel Service has a 52 week low of $82.00 and a 52 week high of $136.99. The company has a market capitalization of $91.72 billion, a PE ratio of 16.71, a price-to-earnings-growth ratio of 2.42 and a beta of 1.11. The company has a quick ratio of 1.30, a current ratio of 1.30 and a debt-to-equity ratio of 1.50.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, October 28th. The transportation company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.43. The firm had revenue of $21.42 billion for the quarter, compared to analysts’ expectations of $20.94 billion. United Parcel Service had a return on equity of 40.07% and a net margin of 6.15%.The business’s revenue was down 3.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.76 earnings per share. Analysts forecast that United Parcel Service will post 7.95 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Monday, November 17th were given a $1.64 dividend. This represents a $6.56 dividend on an annualized basis and a yield of 6.1%. The ex-dividend date of this dividend was Monday, November 17th. United Parcel Service’s dividend payout ratio is 101.39%.

Institutional Investors Weigh In On United Parcel Service

A number of institutional investors and hedge funds have recently modified their holdings of UPS. Vanguard Group Inc. lifted its position in shares of United Parcel Service by 0.6% during the third quarter. Vanguard Group Inc. now owns 67,277,988 shares of the transportation company’s stock worth $5,619,730,000 after purchasing an additional 372,850 shares during the last quarter. State Street Corp grew its stake in United Parcel Service by 0.9% in the 3rd quarter. State Street Corp now owns 31,063,250 shares of the transportation company’s stock worth $2,594,713,000 after acquiring an additional 288,720 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of United Parcel Service by 3.0% during the second quarter. Charles Schwab Investment Management Inc. now owns 25,792,139 shares of the transportation company’s stock worth $2,603,459,000 after acquiring an additional 746,667 shares during the period. Geode Capital Management LLC boosted its holdings in shares of United Parcel Service by 4.8% in the second quarter. Geode Capital Management LLC now owns 16,623,834 shares of the transportation company’s stock valued at $1,675,733,000 after purchasing an additional 762,407 shares during the period. Finally, Norges Bank purchased a new position in United Parcel Service during the 2nd quarter worth $851,842,000. 60.26% of the stock is owned by institutional investors.

Key United Parcel Service News

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

• Positive Sentiment: Sanford C. Bernstein raised its price target to $125 and moved to an “outperform” rating, implying meaningful upside and lending buy-side momentum. Read More.
• Positive Sentiment: Citigroup increased its target from $120 to $126 and kept a “buy” rating — another bullish signal from a major bank reinforcing upside expectations. Read More. Read More.
• Positive Sentiment: UBS lifted its price target to $116, adding to the string of upward revisions that support a higher consensus valuation. Read More.
• Positive Sentiment: Bank of America upgraded UPS from “underperform” to “neutral” with a $114 target — a defensive-to-stable move that reduces one source of selling pressure. Read More.
• Positive Sentiment: Recent earnings showed a margin-focused beat (“Efficiency Reimagined”), which drove a sharp post-earnings rally and underpins analyst optimism about sustained profitability improvements. Read More.
• Neutral Sentiment: Wolfe Research maintained a “peer perform” rating — neutral coverage that suggests expectations are balanced among some institutional analysts. Read More. Read More.
• Neutral Sentiment: Market commentary and pieces asking whether to “revisit UPS” after recent weakness provide context for investors weighing valuation vs. near-term risks. Read More.
• Neutral Sentiment: Coverage noting UPS’s inclusion in wide-moat / large-cap ETFs (e.g., MOAT) can support demand from passive and factor funds but is a slower, less direct catalyst. Read More.
• Neutral Sentiment: Macro commentary (Fed rate-cut debate) is being watched as it could lift cyclicals and dividend stocks, but the net effect on UPS depends on broader economic activity and shipping volumes. Read More.

About United Parcel Service

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.