UPS reports revenue rise and strong earnings, despite minor stake reduction by one investor.

United Parcel Service (UPS) saw a minor holding reduction by Noble Family Wealth LLC, but overall, institutional investors have increased their stakes in the company. UPS recently reported a 5.4% revenue increase to $22.20 billion and beat EPS expectations at $1.76. The company announced a quarterly dividend of $1.63 per share, with a yield of 4.92%. Analyst ratings range from "underweight" to "buy," with a consensus of "Moderate Buy" and a target price of $151.71.

November 10, 2024
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