United Parcel Service (NYSE:UPS) Price Target Raised to $119.00

United Parcel Service (NYSE:UPS) had its price objective upped by Oppenheimer from $117.00 to $119.00 in a report published on Wednesday morning,Benzinga reports. The brokerage currently has an outperform rating on the transportation company’s stock.

UPS has been the topic of a number of other reports. Susquehanna raised their price target on United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. BMO Capital Markets raised their price objective on shares of United Parcel Service from $110.00 to $115.00 and gave the company a “market perform” rating in a research report on Wednesday, July 29th. Sanford C. Bernstein lowered their price objective on shares of United Parcel Service from $131.00 to $127.00 and set an “outperform” rating on the stock in a research note on Wednesday, October 21st. Citizens Jmp assumed coverage on shares of United Parcel Service in a report on Wednesday, July 15th. They set a “market perform” rating for the company. Finally, BNP Paribas Exane decreased their price target on shares of United Parcel Service from $90.00 to $85.00 and set an “underperform” rating on the stock in a research report on Wednesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, eleven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $118.45.

United Parcel Service Stock Up 1.0%

UPS stock opened at $108.35 on Wednesday. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.24 and a quick ratio of 1.18. United Parcel Service has a 12 month low of $90.84 and a 12 month high of $122.41. The firm has a market capitalization of $92.18 billion, a PE ratio of 20.84, a P/E/G ratio of 1.93 and a beta of 1.07. The company’s 50 day simple moving average is $99.19 and its 200-day simple moving average is $104.63.

United Parcel Service (NYSE:UPS) last released its earnings results on Tuesday, October 27th. The transportation company reported $1.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.07. United Parcel Service had a net margin of 4.84% and a return on equity of 37.78%. The company had revenue of $22.90 billion for the quarter, compared to analyst estimates of $22.27 billion. During the same period in the prior year, the firm earned $1.74 EPS. The firm’s quarterly revenue was up 6.9% on a year-over-year basis. Equities analysts expect that United Parcel Service will post 7.28 earnings per share for the current fiscal year.

United Parcel Service Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Monday, August 17th were paid a dividend of $1.64 per share. The ex-dividend date was Monday, August 17th. This represents a $6.56 annualized dividend and a yield of 6.1%. United Parcel Service’s dividend payout ratio is presently 126.15%.

Insider Buying and Selling at United Parcel Service

In other United Parcel Service news, insider Matthew W. Guffey sold 8,318 shares of the stock in a transaction on Wednesday, October 28th. The shares were sold at an average price of $105.39, for a total value of $876,634.02. Following the completion of the sale, the insider directly owned 271 shares of the company’s stock, valued at $28,560.69. This represents a 96.84% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.19% of the company’s stock.

Hedge Funds Weigh In On United Parcel Service

Hedge funds and other institutional investors have recently modified their holdings of the stock. Bauman Advisory Group LLC increased its stake in shares of United Parcel Service by 1.1% in the third quarter. Bauman Advisory Group LLC now owns 8,865 shares of the transportation company’s stock worth $828,000 after purchasing an additional 96 shares in the last quarter. Legacy Wealth Managment LLC ID raised its position in shares of United Parcel Service by 48.6% in the first 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 period. Wealth Alliance LLC raised its position in shares of United Parcel Service by 3.5% in the first quarter. Wealth Alliance LLC now owns 3,013 shares of the transportation company’s stock valued at $296,000 after purchasing an additional 102 shares during the period. Altus Wealth Group LLC lifted its stake in shares of United Parcel Service by 1.3% during the 1st quarter. Altus Wealth Group LLC now owns 7,839 shares of the transportation company’s stock valued at $771,000 after buying an additional 104 shares in the last quarter. Finally, TSG Advice Partners LLC lifted its stake in shares of United Parcel Service by 2.2% during the 1st quarter. TSG Advice Partners LLC now owns 4,921 shares of the transportation company’s stock valued at $484,000 after buying an additional 105 shares in the last quarter. Institutional investors own 60.26% of the company’s stock.

Trending Headlines about United Parcel Service

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

• Positive Sentiment: UPS exceeded quarterly expectations, reporting $22.90 billion in revenue and adjusted earnings of $1.69 per share versus consensus estimates of $22.27 billion and $1.62, respectively. Management cited stronger premium services, international trade lanes, automation, and improved customer mix. 5 revealing analyst questions from United Parcel Service’s Q3 earnings call
• Positive Sentiment: UPS raised its outlook despite declining shipment volume, suggesting that higher revenue per package, productivity improvements, and cost control are more than offsetting weaker demand. The company plans to use automation and radio-frequency tracking for approximately 70% of packages during the holiday season. Why Did United Parcel Service Raise Guidance Despite Falling Volume?
• Positive Sentiment: Several analysts, including Wells Fargo, Truist, Barclays, Citigroup, Oppenheimer, Bank of America, and UBS, issued bullish commentary or increased their price targets. The recommendations reinforce the view that UPS’s earnings recovery and valuation offer additional upside. Wells Fargo expects UPS stock to rise
• Neutral Sentiment: Comparisons with FedEx highlight UPS’s improved earnings momentum, dividend appeal, and valuation, but also emphasize that future returns depend on sustaining margin gains while handling fewer packages. UPS vs. FedEx: Which Stock Is the Better Buy After Strong Q3 Results?
• Negative Sentiment: Insider Matthew W. Guffey sold 8,318 UPS shares for approximately $876,634, reducing his remaining ownership by 96.84%. While one insider sale is not necessarily a fundamental signal, it may modestly weigh on sentiment. SEC insider transaction filing

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.