Clifford Swan Investment Counsel LLC Sells 19,160 Shares of United Parcel Service, Inc. $UPS

Clifford Swan Investment Counsel LLC reduced its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 2.0% in the 2nd quarter, HoldingsChannel reports. The firm owned 948,654 shares of the transportation company’s stock after selling 19,160 shares during the quarter. United Parcel Service makes up 3.3% of Clifford Swan Investment Counsel LLC’s portfolio, making the stock its 4th largest position. Clifford Swan Investment Counsel LLC’s holdings in United Parcel Service were worth $101,980,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UPS. University of Texas Texas AM Investment Management Co. purchased a new position in United Parcel Service during the fourth quarter worth $25,000. IFC & Insurance Marketing Inc. acquired a new stake in shares of United Parcel Service during the fourth quarter valued at $25,000. Coston McIsaac & Partners increased its position in United Parcel Service by 77.8% during the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after purchasing an additional 119 shares in the last quarter. Kemnay Advisory Services Inc. acquired a new position in United Parcel Service in the 4th quarter valued at about $29,000. Finally, Legacy Wealth Managment LLC ID raised its stake in United Parcel Service by 48.6% in the 1st quarter. Legacy Wealth Managment LLC ID now owns 309 shares of the transportation company’s stock valued at $30,000 after purchasing an additional 101 shares during the last quarter. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Stifel Nicolaus raised their price target on shares of United Parcel Service from $114.00 to $115.00 and gave the stock a “buy” rating in a research note on Wednesday, July 29th. Susquehanna upped their price objective on shares of United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, July 29th. Stephens cut their price target on United Parcel Service from $135.00 to $130.00 and set an “overweight” rating for the company 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 note on Saturday, August 8th. Finally, BMO Capital Markets raised 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. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $117.41.

United Parcel Service Price Performance

UPS opened at $104.16 on Tuesday. United Parcel Service, Inc. has a 1 year low of $82.00 and a 1 year high of $122.41. The company’s 50 day simple moving average is $108.14 and its 200 day simple moving average is $105.85. The stock has a market capitalization of $88.62 billion, a PE ratio of 19.36, a P/E/G ratio of 1.90 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 (NYSE:UPS) last posted 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. The company had revenue of $22.83 billion for the quarter, compared to the consensus estimate of $21.86 billion. United Parcel Service had a net margin of 5.08% and a return on equity of 37.50%. United Parcel Service’s revenue was up 7.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.55 earnings per share. United Parcel Service has set its FY 2026 guidance at 7.220-7.220 EPS. As a group, sell-side analysts expect that United Parcel Service, Inc. will post 7.22 EPS for the current year.

United Parcel Service Dividend Announcement

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