CEDARHURST, N.Y., Jan. 31, 2025 (GLOBE NEWSWIRE) -- This press release is being issued to replace in its entirety a press release issued on January 30, 2025 by Postal Realty Trust, Inc. that contained a typographical error regarding the Section 199A Dividend amount.

Exchange Traded Concepts LLC lessened its holdings in Postal Realty Trust, Inc. (NYSE:PSTL – Free Report) by 15.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).

Postal Realty Trust offers a compelling growth story with a 7.3% dividend, despite its seemingly low-growth, post office-focused REIT model. Learn more on PSTL stock here.

The stock declined in December 2024 due to delays in its USPS Next Generation Delivery Vehicle (NGDV) program. It missed production targets and by November 2024, it only delivered 93 electric NGDVs to the USPS. This is far below the expected count of 3,000 units. Investors were spooked since this is a $6 billion contract.

Oshkosh Corporation (NYSE: OSK), a leading innovator of purpose-built vehicles and equipment, today reported 2024 fourth quarter net income of $153.1 million, or $2.33 per diluted share, compared to net income of $150.

Bernstein analyst Chad Dillard increased the price target for Oshkosh Corporation (NYSE:OSK) shares to $121 from the previous $90, while retaining a Market Perform rating on the stock. This adjustment comes as Oshkosh reported an adjusted earnings per share (EPS) of $2.

Postal Realty Trust, Inc. is an internally managed real estate investment trust that owns and manages over 2,000 postal properties leased primarily to the USPS.

UPS reports robust Q4 performance with increased revenue and operating profit, while navigating challenges in the US market and reducing Amazon volume.

TD Cowen analyst Jason Seidl revised the price target for UPS (NYSE:UPS) stock, decreasing it to $117.00 from the previous $144.00, while maintaining a Hold rating on the shares. The stock, currently trading near its 52-week low of $109.

United Parcel Service (NYSE: UPS) beat expectations for the fourth quarter, but the company's forecast for 2025 was well short of expectations, in part because of a high-profile break with partner Amazon (NASDAQ: AMZN).

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