United Parcel Service (NYSE:UPS) Downgraded by Wall Street Zen to “Hold”

by · The Markets Daily

Wall Street Zen lowered shares of United Parcel Service (NYSE:UPS – Free Report) from a buy rating to a hold rating in a research note published on Saturday,Wall Street Zen reports.

Several other equities analysts have also weighed in on UPS. Susquehanna boosted their target price on shares of United Parcel Service from $118.00 to $120.00 and gave the company a “neutral” rating in a report on Wednesday, July 29th. 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 report on Wednesday, July 29th. Citigroup lifted their price target on shares of United Parcel Service from $127.00 to $132.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Stephens decreased their price objective on United Parcel Service from $135.00 to $130.00 and set an “overweight” rating on the stock in a report on Wednesday, July 29th. Finally, BMO Capital Markets increased their price objective on 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 equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, United Parcel Service currently has a consensus rating of “Hold” and an average target price of $117.41.

Get Our Latest Analysis on United Parcel Service

United Parcel Service Stock Down 1.2%

Shares of UPS opened at $99.01 on Friday. United Parcel Service has a 52-week low of $82.00 and a 52-week high of $122.41. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.58. The stock has a fifty day simple moving average of $105.85 and a two-hundred day simple moving average of $104.41. The company has a market capitalization of $84.23 billion, a PE ratio of 18.40, a price-to-earnings-growth ratio of 1.77 and a beta of 1.06.

United Parcel Service (NYSE:UPS – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The transportation company reported $1.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $21.86 billion. During the same quarter in the prior year, the firm posted $1.55 earnings per share. United Parcel Service’s quarterly 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. As a group, equities analysts forecast that United Parcel Service will post 7.22 EPS for the current year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Monday, August 17th were paid a dividend of $1.64 per share. This represents a $6.56 annualized dividend and a yield of 6.6%. The ex-dividend date of this dividend was Monday, August 17th. United Parcel Service’s dividend payout ratio (DPR) is 121.93%.

Institutional Investors Weigh In On United Parcel Service

Institutional investors and hedge funds have recently made changes to their positions in the stock. Legacy Wealth Managment LLC ID increased its holdings 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. Markowski Investments acquired a new position in United Parcel Service during the second quarter worth $30,000. Allied Private Wealth LLC purchased a new position in shares of United Parcel Service during the second quarter worth $34,000. Grove Bank & Trust boosted its position in shares of United Parcel Service by 49.8% during the second quarter. Grove Bank & Trust now owns 379 shares of the transportation company’s stock worth $41,000 after buying an additional 126 shares during the period. Finally, Community Financial Services Group LLC grew its stake in shares of United Parcel Service by 170.1% in the second quarter. Community Financial Services Group LLC now owns 370 shares of the transportation company’s stock valued at $41,000 after buying an additional 233 shares in the last quarter. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Company Profile

(Get Free Report)

United Parcel Service, Inc (NYSE: UPS) is a global package delivery and logistics company that provides transportation, distribution and supply-chain services. Its offerings include time-definite delivery of packages and documents, ground and air transportation, international shipping, freight services, customs brokerage and logistics management.

UPS serves businesses and consumers in the United States and across international markets, connecting customers in more than 200 countries and territories.

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