United Parcel ServiceUPS
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]
11% more call options, than puts
Call options by funds: $2.34B | Put options by funds: $2.11B
0.52% more ownership
Funds ownership: 70.44% [Q1] → 70.96% (+0.52%) [Q2]
2% less funds holding
Funds holding: 2,168 [Q1] → 2,132 (-36) [Q2]
7% less capital invested
Capital invested by funds: $76.1B [Q1] → $70.9B (-$5.24B) [Q2]
11% less repeat investments, than reductions
Existing positions increased: 822 | Existing positions reduced: 922
19% less first-time investments, than exits
New positions opened: 157 | Existing positions closed: 193
Research analyst outlook
18 Wall Street Analysts provided 1 year price targets over the past 3 months
18 analyst ratings
Evercore ISI Group Jonathan Chappell 52% 1-year accuracy 13 / 25 met price target | 7%upside $141 | In-Line Maintained | 22 Oct 2024 |
Barclays Brandon Oglenski 48% 1-year accuracy 19 / 40 met price target | 9%downside $120 | Underweight Downgraded | 21 Oct 2024 |
Wells Fargo Christian Wetherbee 75% 1-year accuracy 18 / 24 met price target | 8%upside $142 | Overweight Maintained | 10 Oct 2024 |
Goldman Sachs Matt Reustle 100% 1-year accuracy 1 / 1 met price target | 23%upside $162 | Buy Maintained | 9 Oct 2024 |
Citigroup Ariel Rosa 78% 1-year accuracy 7 / 9 met price target | 23%upside $162 | Buy Initiated | 9 Oct 2024 |
Financial journalist opinion
Based on 103 articles about UPS published over the past 30 days
