United Parcel Service (UPS)

• Market cap: $111B
• 1 day: -0.16%
• 5 days: 5.18%
• 1 month: 1.89%
• 3 months: -4.19%
• 6 months: -11.98%
• Year to date: 4.73%
• 1 year: -16.06%
• 5 years: 9.38%
• 10 years: 16.55%
• Sector: Industrials
• Industry: Trucking & Courier Services, Except Air

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 and contract logistics make up the remainder.

Employees: 500,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

15% more call options, than puts

Call options by funds: $2.25B | Put options by funds: $1.95B

7% more first-time investments, than exits

New positions opened: 154 | Existing positions closed: 144

0.81% less ownership

Funds ownership: 75.29% [Q2] → 74.47% (-0.81%) [Q3]

4% less capital invested

Capital invested by funds: $75.2B [Q2] → $72B (-$3.21B) [Q3]

1% less funds holding

Funds holding: 2,144 [Q2] → 2,122 (-22) [Q3]

14% less repeat investments, than reductions

Existing positions increased: 803 | Existing positions reduced: 929

15% less funds holding in top 10

Funds holding in top 10: 41 [Q2] → 35 (-6) [Q3]

Research analyst outlook

11 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $120 8% downside
• Avg. target: $147 13% upside
• High target: $170 31% upside

11 analyst ratings

• positive: 7 64%
• neutral: 3 27%
• negative: 1 9%

B of A Securities Ken Hoexter 40% 1-year accuracy 21 / 53 met price target	16% upside $150	Buy Upgraded	16 Jan 2025
JP Morgan Brian Ossenbeck 50% 1-year accuracy 18 / 36 met price target	4% upside $135	Neutral Maintained	7 Jan 2025
Wells Fargo Christian Wetherbee 49% 1-year accuracy 20 / 41 met price target	16% upside $150	Overweight Maintained	7 Jan 2025
BMO Capital Fadi Chamoun 53% 1-year accuracy 9 / 17 met price target	16% upside $150	Outperform Upgraded	10 Dec 2024
Citigroup Ariel Rosa 30% 1-year accuracy 8 / 27 met price target	22% upside $158	Buy Maintained	12 Nov 2024