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UPS chief US domestic officer sells $876,627 in stock

UPS chief US domestic officer sells $876,627 in stock

Matthew W. Guffey, the Chief US Domestic Officer at United Parcel Service Inc. (UPS), sold a significant amount of the company’s Class A Common Stock on October 28, 2026. In a recent SEC filing, it was revealed that Guffey disposed of 8,317.9409 shares, amounting to a total of $876,627. This transaction took place at a price of $105.39 per share.

Currently, the stock of UPS is trading at $108.25, boasting a market capitalization of $91.3 billion and a P/E ratio of 20.92. Post this sale, Guffey personally owns 270.7483 shares of UPS Class A Common Stock, including 270.7483 shares held in his 401(k) account.

UPS has been a reliable investment with a strong dividend yield of 6.06%. The company has a commendable track record of raising its dividend for 16 consecutive years, suggesting it may be undervalued. Investors seeking more detailed insights can explore UPS's Pro Research Report, which is part of a broader collection of 1,400+ reports available on the platform.

Recently, UPS reported its third-quarter 2026 earnings, outperforming expectations. The company reported adjusted diluted earnings per share of $1.69, surpassing the forecasted $1.63, and revenue of $22.9 billion, outpacing the anticipated $22.28 billion. This positive performance prompted UPS to raise its full-year outlook, aiming for a new revenue target of $92.6 billion and an adjusted operating income goal of $8.75 billion.

These adjustments are attributed to UPS’s premium-focused strategy, which aims to enhance margins and operating leverage.

Responding to these results, analysts have shown varying sentiments towards UPS. BofA Securities raised its price target to $114, maintaining a Neutral rating. Meanwhile, Wells Fargo adjusted its target to $112 with an Equal Weight rating. Notably, Raymond James reiterated a Strong Buy rating with an ambitious price target of $131, praising UPS’s strategic moves such as reducing exposure to its largest customer and reimagining its U.S. network.

These analyst actions highlight a generally optimistic view of UPS’s future performance. This report has been AI-supported and reviewed by an editor for accuracy.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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