KMG Fiduciary Partners LLC Boosts Holdings in United Parcel Service, Inc. $UPS

KMG Fiduciary Partners LLC grew its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 27.7% during the second quarter, HoldingsChannel reports. The firm owned 46,416 shares of the transportation company’s stock after purchasing an additional 10,080 shares during the quarter. KMG Fiduciary Partners LLC’s holdings in United Parcel Service were worth $4,990,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Potomac Fund Management Inc. ADV lifted its holdings in United Parcel Service by 0.8% in the fourth quarter. Potomac Fund Management Inc. ADV now owns 11,324 shares of the transportation company’s stock worth $1,123,000 after buying an additional 90 shares during the period. Ipsen Advisor Group LLC boosted its position in United Parcel Service by 1.7% during the 4th quarter. Ipsen Advisor Group LLC now owns 5,670 shares of the transportation company’s stock valued at $562,000 after acquiring an additional 95 shares in the last quarter. Webster Bank N. A. grew its holdings in shares of United Parcel Service by 16.7% during the 4th quarter. Webster Bank N. A. now owns 698 shares of the transportation company’s stock worth $69,000 after acquiring an additional 100 shares during the period. Peoples Financial Services CORP. grew its holdings in shares of United Parcel Service by 2.5% during the 4th quarter. Peoples Financial Services CORP. now owns 4,030 shares of the transportation company’s stock worth $400,000 after acquiring an additional 100 shares during the period. Finally, Argyle Capital Management LLC raised its position in shares of United Parcel Service by 0.4% in the 4th quarter. Argyle Capital Management LLC now owns 27,505 shares of the transportation company’s stock worth $2,728,000 after acquiring an additional 100 shares in the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on UPS shares. Stifel Nicolaus lifted their price target on United Parcel Service from $114.00 to $115.00 and gave the company a “buy” rating in a research report on Wednesday, July 29th. Susquehanna increased their price objective on United Parcel Service from $118.00 to $120.00 and gave the stock a “neutral” rating in a report on Wednesday, July 29th. Wall Street Zen raised United Parcel Service from a “hold” rating to a “buy” rating in a research report on Saturday. Evercore dropped their target price on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating on the stock in a report on Wednesday, April 22nd. Finally, BMO Capital Markets upped their target price on shares of United Parcel Service from $110.00 to $115.00 and gave the stock a “market perform” rating in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, United Parcel Service has a consensus rating of “Hold” and a consensus target price of $117.41.

United Parcel Service Stock Up 0.1%

NYSE:UPS opened at $104.64 on Tuesday. The firm has a market cap of $88.95 billion, a P/E ratio of 19.45, a P/E/G 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 fifty-two week low of $82.00 and a fifty-two week high of $122.41. The firm has a 50-day simple moving average of $109.24 and a two-hundred day simple moving average of $106.61.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, July 28th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate 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 for the quarter, compared to the consensus estimate of $21.86 billion. During the same quarter in the prior year, the firm posted $1.55 earnings per share. The business’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. Analysts predict that United Parcel Service, Inc. will post 7.22 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently disclosed 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 of this dividend is Monday, August 17th. This represents a $6.56 annualized dividend and a yield of 6.3%. United Parcel Service’s dividend payout ratio is 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.