Midwest Trust Co grew its stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 0.9% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 287,224 shares of the railroad operator’s stock after buying an additional 2,594 shares during the period. Union Pacific makes up 0.9% of Midwest Trust Co’s investment portfolio, making the stock its 28th biggest holding. Midwest Trust Co’s holdings in Union Pacific were worth $69,686,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also modified their holdings of UNP. Vanguard Group Inc. boosted its stake in Union Pacific by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator’s stock worth $13,724,045,000 after buying an additional 659,378 shares in the last quarter. State Street Corp lifted its holdings in Union Pacific by 4.3% during the 4th quarter. State Street Corp now owns 26,330,080 shares of the railroad operator’s stock valued at $6,090,674,000 after purchasing an additional 1,082,285 shares during the last quarter. Capital World Investors boosted its position in Union Pacific by 92.1% in the fourth quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock valued at $4,658,142,000 after buying an additional 9,655,306 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Union Pacific by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator’s stock worth $3,552,550,000 after buying an additional 296,814 shares in the last quarter. Finally, Morgan Stanley raised its stake in shares of Union Pacific by 5.0% in the fourth quarter. Morgan Stanley now owns 12,636,050 shares of the railroad operator’s stock valued at $2,922,971,000 after acquiring an additional 602,647 shares during the last quarter. 80.38% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
UNP has been the subject of a number of recent analyst reports. Barclays reaffirmed an “overweight” rating and set a $315.00 price target (up from $285.00) on shares of Union Pacific in a report on Friday, April 24th. Susquehanna reiterated a “positive” rating and set a $305.00 price target on shares of Union Pacific in a research report on Friday, June 5th. Raymond James Financial set a $310.00 price objective on shares of Union Pacific in a research report on Friday, April 24th. Weiss Ratings downgraded shares of Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a research note on Tuesday, June 23rd. Finally, Sanford C. Bernstein upped their target price on shares of Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. Two analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $290.39.
Key Stories Impacting Union Pacific
Here are the key news stories impacting Union Pacific this week:
- Positive Sentiment: JPMorgan raised its price target on Union Pacific to $304 from $275, implying additional upside from current levels, while keeping a neutral rating. Article: Union Pacific price target raised by JPMorgan Chase & Co.
- Positive Sentiment: Stephens upgraded Union Pacific to strong-buy, signaling confidence in the railroad’s earnings outlook and valuation momentum. Article: Union Pacific was upgraded by Stephens
- Positive Sentiment: Coverage around Union Pacific and Norfolk Southern’s proposed merger continues to advance, with both companies filing responses as the regulatory review moves forward. Investors may see the deal as a potential long-term strategic catalyst if approved. Article: Norfolk Southern (NSC) Files Merger Response With Union Pacific As STB Review Advances
- Neutral Sentiment: Commentary on the proposed rail merger from Union Pacific and Norfolk Southern CEOs highlights the scale of the strategic opportunity, but also underscores that the deal remains subject to significant regulatory scrutiny. Article: EXCLUSIVE: Union Pacific, Norfolk Southern CEOs talk about the rail merger
- Neutral Sentiment: Seeking Alpha published a downgrade saying buying Union Pacific now may be “too late,” which adds a cautionary note but does not appear to outweigh the bullish analyst actions. Article: Union Pacific: Buying Now Feels Too Late (Rating Downgrade)
Union Pacific Trading Up 0.8%
Shares of UNP traded up $2.23 on Friday, reaching $287.27. 1,876,184 shares of the company’s stock were exchanged, compared to its average volume of 2,394,006. The business has a 50 day moving average price of $269.23 and a two-hundred day moving average price of $253.94. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $288.90. The stock has a market capitalization of $170.55 billion, a P/E ratio of 23.66, a price-to-earnings-growth ratio of 3.02 and a beta of 0.96. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53.
Union Pacific (NYSE:UNP – Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.86 by $0.07. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The firm had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.12 billion. During the same period last year, the firm earned $2.70 earnings per share. The business’s revenue for the quarter was up 3.2% on a year-over-year basis. Research analysts anticipate that Union Pacific Corporation will post 12.56 earnings per share for the current year.
Union Pacific Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th were given a $1.38 dividend. This represents a $5.52 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Friday, May 29th. Union Pacific’s dividend payout ratio (DPR) is currently 45.47%.
Insider Transactions at Union Pacific
In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. This represents a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $271.76, for a total value of $7,442,691.12. Following the transaction, the executive vice president owned 61,102 shares in the company, valued at approximately $16,605,079.52. This trade represents a 30.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 32,378 shares of company stock worth $8,781,595 in the last three months. Insiders own 0.22% of the company’s stock.
Union Pacific Profile
Union Pacific Corporation (NYSE: UNP) is one of the largest freight railroad companies in the United States. Its principal operating subsidiary, Union Pacific Railroad, has roots that trace back to the Pacific Railway Act of 1862 and the construction of the first transcontinental rail link completed in 1869. The company is headquartered in Omaha, Nebraska, and operates as a holding company for rail transportation and related services.
Union Pacific’s core business is the movement of freight by rail across an extensive rail network serving the western two‑thirds of the United States.
Featured Stories
- Five stocks we like better than Union Pacific
- 3 Rare-Earth ETFs That Help Investors Balance Exposure and Risk
- Microsoft Bets on In-House AI to Cut OpenAI and Anthropic Costs
- Delta Air Lines Lives Up to Its Claims: Shares Can Keep Climbing
- This Dividend ETF Choice Could Shape Your Income Strategy Through 2026
Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP – Free Report).
Receive News & Ratings for Union Pacific Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Union Pacific and related companies with MarketBeat.com's FREE daily email newsletter.
