Corient Private Wealth LLC Increases Stake in United Parcel Service, Inc. $UPS

Corient Private Wealth LLC increased its stake in United Parcel Service, Inc. (NYSE:UPS) by 104.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 252,748 shares of the transportation company’s stock after purchasing an additional 129,183 shares during the period. Corient Private Wealth LLC’s holdings in United Parcel Service were worth $25,073,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of UPS. University of Texas Texas AM Investment Management Co. purchased a new position in shares of United Parcel Service in the fourth quarter worth $25,000. IFC & Insurance Marketing Inc. purchased a new stake in shares of United Parcel Service during the fourth quarter valued at $25,000. Coston McIsaac & Partners grew its holdings in shares of United Parcel Service by 77.8% during the fourth quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock valued at $27,000 after buying an additional 119 shares during the last quarter. Torren Management LLC acquired a new position in shares of United Parcel Service in the 4th quarter valued at $29,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of United Parcel Service in the 4th quarter valued at $29,000. Hedge funds and other institutional investors own 60.26% of the company’s stock.

Analysts Set New Price Targets

UPS has been the subject of a number of research analyst reports. Weiss Ratings lowered United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a research note on Friday, May 8th. Citigroup boosted their price target on United Parcel Service from $118.00 to $127.00 and gave the company a “buy” rating in a research note on Wednesday, April 29th. Susquehanna increased their price objective on United Parcel Service from $116.00 to $118.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. UBS Group reduced their price objective on United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a research note on Wednesday, April 29th. Finally, Evercore decreased their target price on United Parcel Service from $115.00 to $113.00 and set an “in-line” rating for the company in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eleven have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $111.50.

Key United Parcel Service News

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

• Positive Sentiment: UPS announced a $48 million investment in 27 temperature-controlled freight cross-dock facilities across the U.S., Europe, Asia, and the Americas, expanding its healthcare logistics network and positioning the company to benefit from growing demand for refrigerated pharmaceuticals and other sensitive medical shipments. Article: UPS Extends Complex Healthcare Logistics Lead with $48 Million Investment in Temperature-Controlled Freight Cross-Dock Facilities
• Positive Sentiment: UPS is also expanding the use of artificial intelligence across tracking, customer support, and global logistics, aiming for higher automation and better shipment visibility, which could improve efficiency and margins over time. Article: UPS Harnesses AI to Boost Network Efficiency and Shipment Visibility
• Neutral Sentiment: One report noted UPS is exploring outsourcing some UK parcel delivery work to third-party couriers, a possible cost-cutting move that may help efficiency but could also signal labor restructuring. Article: UPS explores outsourcing UK parcel delivery to third-party couriers

United Parcel Service Price Performance

Shares of UPS opened at $107.20 on Tuesday. The business’s 50-day moving average is $104.21 and its two-hundred day moving average is $104.62. The company has a market capitalization of $91.12 billion, a P/E ratio of 17.35, a P/E/G ratio of 1.67 and a beta of 1.05. The company has a debt-to-equity ratio of 1.50, a quick ratio of 1.21 and a current ratio of 1.21. United Parcel Service, Inc. has a fifty-two week low of $82.00 and a fifty-two week high of $122.41.

United Parcel Service (NYSE:UPS) last issued its quarterly earnings data on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. United Parcel Service had a return on equity of 35.95% and a net margin of 5.94%.The business had revenue of $21.20 billion during the quarter, compared to analysts’ expectations of $20.99 billion. During the same quarter in the previous year, the firm posted $1.49 EPS. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. Research analysts predict that United Parcel Service, Inc. will post 7.1 earnings per share for the current year.

United Parcel Service Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Monday, May 18th were issued a $1.64 dividend. The ex-dividend date of this dividend was Monday, May 18th. This represents a $6.56 dividend on an annualized basis and a yield of 6.1%. United Parcel Service’s payout ratio is presently 106.15%.

About United Parcel Service

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.