United Parcel ServiceUPS
Market Cap: $109B
About: As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 22 million packages per day to residences and businesses across the globe. UPS' domestic US package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder. UPS is currently pursuing "strategic alternatives" for its truck brokerage unit, Coyote, which it acquired in 2015.
Employees: 500,000
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
11% more funds holding in top 10
Funds holding in top 10: 37 [Q1] → 41 (+4) [Q2]
10% more call options, than puts
Call options by funds: $2.33B | Put options by funds: $2.11B
0.49% more ownership
Funds ownership: 70.42% [Q1] → 70.91% (+0.49%) [Q2]
2% less funds holding
Funds holding: 2,161 [Q1] → 2,114 (-47) [Q2]
7% less capital invested
Capital invested by funds: $76.1B [Q1] → $70.8B (-$5.27B) [Q2]
11% less repeat investments, than reductions
Existing positions increased: 817 | Existing positions reduced: 916
24% less first-time investments, than exits
New positions opened: 152 | Existing positions closed: 199
Research analyst outlook
14 Wall Street Analysts provided 1 year price targets over the past 3 months
14 analyst ratings
TD Cowen Jason Seidl 53% 1-year accuracy 9 / 17 met price target | 13%upside $144 | Hold Assumed | 22 Aug 2024 |
Stephens & Co. Jack Atkins 80% 1-year accuracy 8 / 10 met price target | 10%upside $140 | Equal-Weight Maintained | 24 Jul 2024 |
Barclays Brandon Oglenski 56% 1-year accuracy 23 / 41 met price target | 6%downside $120 | Equal-Weight Maintained | 24 Jul 2024 |
B of A Securities Ken Hoexter 51% 1-year accuracy 21 / 41 met price target | 4%upside $132 | Neutral Maintained | 24 Jul 2024 |
Baird Benjamin Hartford 50% 1-year accuracy 3 / 6 met price target | 25%upside $160 | Outperform Maintained | 24 Jul 2024 |
Financial journalist opinion
Based on 97 articles about UPS published over the past 30 days