United Parcel Service, Inc. $UPS Stock Bought by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its stake in shares of United Parcel Service, Inc. (NYSE:UPS) by 10.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 115,000 shares of the transportation company’s stock after acquiring an additional 10,633 shares during the quarter. United Parcel Service accounts for about 0.2% of International Assets Investment Management LLC’s portfolio, making the stock its 27th largest position. International Assets Investment Management LLC’s holdings in United Parcel Service were worth $11,050,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Wellington Management Group LLP boosted its holdings in United Parcel Service by 262.7% in the second quarter. Wellington Management Group LLP now owns 3,046,707 shares of the transportation company’s stock valued at $327,521,000 after purchasing an additional 2,206,666 shares during the period. Bank of America Corp DE increased its holdings in United Parcel Service by 23.3% during the 1st quarter. Bank of America Corp DE now owns 9,728,123 shares of the transportation company’s stock worth $957,053,000 after purchasing an additional 1,836,651 shares during the period. Manning & Napier Advisors LLC purchased a new stake in United Parcel Service during the 2nd quarter worth about $192,304,000. Cullen Capital Management LLC acquired a new stake in United Parcel Service in the 2nd quarter valued at about $178,071,000. Finally, First Trust Advisors LP raised its position in United Parcel Service by 37.4% in the 1st quarter. First Trust Advisors LP now owns 3,631,133 shares of the transportation company’s stock valued at $357,231,000 after purchasing an additional 988,442 shares in the last quarter. 60.26% of the stock is currently owned by institutional investors and hedge funds.

United Parcel Service Stock Performance

NYSE:UPS opened at $108.39 on Friday. United Parcel Service, Inc. has a 12 month low of $90.84 and a 12 month high of $122.41. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.24 and a quick ratio of 1.18. The firm has a market capitalization of $92.22 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 1.95 and a beta of 0.98. The business’s fifty day moving average price is $99.81 and its 200 day moving average price is $104.71.

United Parcel Service (NYSE:UPS) last announced its quarterly earnings results on Wednesday, November 4th. The transportation company reported $1.69 earnings per share (EPS) for the quarter. The company had revenue of $22.85 billion during the quarter. United Parcel Service had a return on equity of 37.78% and a net margin of 4.84%. On average, sell-side analysts anticipate that United Parcel Service, Inc. will post 7.28 earnings per share for the current fiscal year.

United Parcel Service Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Monday, November 16th will be given a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Monday, November 16th. United Parcel Service’s dividend payout ratio (DPR) is 126.15%.

Insider Buying and Selling at United Parcel Service

In related news, insider Matthew Guffey sold 8,318 shares of the business’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 transaction of $876,634.02. Following the completion of the sale, the insider owned 271 shares in the company, valued at $28,560.69. The trade was a 96.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.19% of the company’s stock.

Key Headlines Impacting United Parcel Service

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

• Positive Sentiment: UPS declared a quarterly dividend of $1.64 per share, equivalent to $6.56 annually and a reported yield of about 5.9%. The payment is scheduled for December 3 for shareholders of record November 16. Earlier coverage also highlighted stronger results and higher full-year guidance, which may support investor confidence. Dividend and outlook coverage
• Neutral Sentiment: UPS appointed Shannon Eisenhardt, a former senior finance and operations executive at Reckitt and NIKE, to its board and Audit Committee. Her experience may strengthen financial oversight, though the appointment is not an immediate earnings catalyst. Board appointment coverage
• Neutral Sentiment: The company is hiring more than 1,000 seasonal workers in the Kansas City area. The recruitment supports holiday operations, but seasonal hiring alone offers limited evidence about broader demand and may bring additional costs. Kansas City seasonal hiring article
• Negative Sentiment: Recent coverage says investors questioned UPS’s margins and valuation after its third-quarter report. The stock’s initial reaction was negative despite roughly $22.9 billion in revenue, suggesting profitability concerns are offsetting the revenue result and positive outlook. Q3 margin concerns article

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Raymond James Financial lifted their price objective on United Parcel Service from $127.00 to $131.00 and gave the company a “strong-buy” rating in a research note on Wednesday, July 29th. Barclays upped their target price on shares of United Parcel Service from $80.00 to $95.00 and gave the stock an “underweight” rating in a research note on Wednesday, October 28th. Wells Fargo & Company raised their target price on shares of United Parcel Service from $110.00 to $112.00 and gave the company an “equal weight” rating in a report on Wednesday, October 28th. Truist Financial lifted their price target on shares of United Parcel Service from $115.00 to $120.00 and gave the stock a “buy” rating in a research note on Wednesday, October 28th. Finally, Sanford C. Bernstein decreased their price target on shares of United Parcel Service from $131.00 to $127.00 and set an “outperform” rating for the company in a research note on Wednesday, October 21st. One 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 company’s stock. According to data from MarketBeat.com, United Parcel Service currently has a consensus rating of “Hold” and an average price target of $118.45.

United Parcel Service Company Profile

United Parcel Service, Inc (UPS) is a global package delivery and logistics company. Its services include domestic and international shipping, air and ground delivery, freight forwarding, customs brokerage, and supply chain management.

UPS also provides solutions for businesses, including warehousing, inventory management, healthcare logistics, and returns processing. Its network serves customers in more than 200 countries and territories.

Founded in Seattle in 1907 as the American Messenger Company, UPS is headquartered in Atlanta, Georgia.