Centric Wealth Management Takes a Step Back with UPS

Ah, Centric Wealth Management has decided to play the mysterious card-selling off United Parcel Service (UPS) shares valued at approximately $4.01 million. This caper unfolded in their August 12, 2025, SEC filing, almost as if they were confessing to an ill-timed romantic escapade rather than managing a portfolio.

Key points

They say they sold 40,712 UPS shares in Q2 2025; fair enough-no one keeps receipts for their exes either. This transaction represents a petite 1.0% slice of their reportable assets, nudging into the lowly realm of 0.9579% for those who obsess over rounding.

Post-breakup, they now clutch 301,818 shares, still summing up to a rather hefty $26,158,564 as of that fateful August day.

Somehow, UPS remains a haunted specter in their portfolio-still their largest holding at a curious 6.2% of their assets under management as of June 30, 2025.

What happened

In their latest reveal, Centric Wealth Management announced their retreat from UPS. They doubtlessly weighed their options like indecisive diners at an overpriced restaurant, then decided to sell a substantial amount of their shares. The transaction echoed an incongruously urgent whisper of, “It’s not you, it’s me.” Despite this (albeit friendly) parting, they still hold onto a fair quantity of UPS shares, which feels a bit like clinging to your high school yearbook: you’ll laugh, you’ll cry, but mostly, you’ll cringe.

What else to know

With this sale, UPS’s share of the fund’s assets has dwindled to the regrettable 6.2% as of August 12, 2025-because why cling to the past? Among the fund’s new top holdings we find:

UPS: $26.39 million (6.2% of AUM as of August 12, 2025)
VOO: $19.94 million (4.8% of AUM as of June 30, 2025)
AAPL: $15.24 million (3.64% of AUM as of June 30, 2025)
UNH: $13.89 million (3.3% of AUM as of June 30, 2025)
HFSI: $12.57 million (3.0% of AUM as of June 30, 2025)

Ah, but UPS shares were trading at $87.43-down nearly 30% over the previous year-shambling behind the S&P 500 by an eye-watering 47.17 percentage points. Credit where credit is due: it takes a certain flair to lag behind the home runs.

As of August 12, 2025, UPS’s dividend yield was a tepid 7.48%, with a Forward P/E (FY1 2026) grudgingly at 11.91; sounds a bit like those awkward first dates that promise much but deliver little. And let’s not forget, they are at a staggering 39.7% below their 52-week high, like a sad puppy waiting at the door, hoping its owner remembers it exists.

Company Overview

Metric	Value
Revenue (TTM)	$90.2 billion
Net Income (TTM)	$5.7 billion
Dividend Yield	7.5%
One-Year Price Change (Aug. 29, 2025)	(31.3%)

Company Snapshot

United Parcel Service, or UPS, has established itself as a leading figure in package delivery and logistics, strutting across both domestic and international stages like a show pony in a pageant. Their revenue primarily streams from shipping fees and some glorified additional services, such as freight forwarding (whatever that means) and customs brokerage-always nice to throw in a fancy term or two to bewilder the audience.

UPS, it turns out, operates in about 200 countries, because apparently, every corner of the globe needs a babbling courier to keep business moving smoothly-or so they’d like us to believe.

Foolish take

While Centric Wealth Management has cheekily lightened its load in UPS, the parcel delivery titan staggeringly remains their premier holding. It’s a peculiar testament to the belief that their commitment hasn’t waned, although the reality may suggest otherwise. The quarterly earnings report raised eyebrows, as management discreetly avoided full-year guidance, citing the pressure from key customers as they chase after the small and medium-sized business market-an endeavor fraught with risk.

This venture holds some hope for margin expansion, but as any reputable market skeptic can tell you, uncertainty pollutes the air like a bad cologne someone forgot to wash off-especially around tariffs that leave SMBs paralyzed with indecision. They can’t pivot as deftly as the big players and, oh boy, does it create an unsteady trading environment!

UPS has potential and a track record for surviving turbulent seas. However, in the immediate term, the headwinds appear as formidable as a family dinner with your judgmental relatives-always there, always watching, never letting you forget the past.

Glossary

Assets Under Management (AUM): The total value of investments managed by a financial institution.
13F Reportable Assets: Securities that institutional investment managers must disclose quarterly to the SEC if managing over $100 million.
Dividend Yield: Annual dividends paid by a company divided by its current share price, shown as a percentage.
Forward P/E (Price-to-Earnings): A valuation ratio comparing a company’s current share price to its projected earnings per share for the next year.
EV/EBITDA: Enterprise Value divided by Earnings Before Interest, Taxes, Depreciation, and Amortization; used to assess company valuation.
CAGR (Compound Annual Growth Rate): The annualized rate of return for an investment over a specified period, assuming profits are reinvested.
Quarterly Average Price: The average closing price of a security over a given fiscal quarter.
Stake: The ownership interest or number of shares held in a company by an investor or fund.
Lagging the S&P 500:Underperforming the S&P 500 index in terms of price return over a specified period.
52-week High: The highest price at which a security has traded during the past year.
Value-Added Services: Additional offerings beyond basic delivery that enhance customer value.
TTM:The 12-month period ending with the most recent quarterly report.

And so we continue, ever skeptical, in this market of whims and fancies. 🥴

2025-08-29 16:42