Magellan Asset Management Ltd Purchases Shares of 251,472 Union Pacific Corporation $UNP

Posted by Brenda Bartman on Aug 24th, 2026

Magellan Asset Management Ltd bought a new stake in shares of Union Pacific Corporation (NYSE:UNP – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 251,472 shares of the railroad operator’s stock, valued at approximately $68,400,000. Union Pacific accounts for 1.5% of Magellan Asset Management Ltd’s investment portfolio, making the stock its 19th biggest position.

Other large investors also recently modified their holdings of the company. Rachor Investment Advisory Services LLC bought a new stake in Union Pacific in the 4th quarter valued at $25,000. Tucker Asset Management LLC acquired a new stake in Union Pacific during the fourth quarter worth about $25,000. SWAN Capital LLC increased its stake in Union Pacific by 2,575.0% during the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after acquiring an additional 103 shares during the period. High Point Wealth Management LLC bought a new stake in shares of Union Pacific in the 4th quarter worth approximately $26,000. Finally, Cornerstone Financial Management LLC acquired a new position in shares of Union Pacific in the fourth quarter valued at $27,000. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the stock. Bank of America boosted their price target on shares of Union Pacific from $301.00 to $334.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research note on Monday, July 13th. Evercore reaffirmed an “outperform” rating and set a $294.00 price objective on shares of Union Pacific in a report on Thursday, June 25th. TD Cowen reissued a “buy” rating and issued a $325.00 target price (up from $282.00) on shares of Union Pacific in a report on Friday, July 24th. Finally, JPMorgan Chase & Co. raised their target price on Union Pacific from $304.00 to $334.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Union Pacific has an average rating of “Moderate Buy” and an average price target of $320.89.

Read Our Latest Stock Analysis on UNP

Insider Buying and Selling

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the completion of the sale, the executive vice president owned 43,012 shares in the company, valued at approximately $11,353,447.52. This trade represents a 6.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.22% of the stock is currently owned by corporate insiders.

Union Pacific Stock Performance

NYSE UNP opened at $307.97 on Monday. Union Pacific Corporation has a 1-year low of $210.84 and a 1-year high of $315.99. The company has a 50 day moving average of $286.30 and a 200-day moving average of $267.83. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40. The firm has a market cap of $182.96 billion, a price-to-earnings ratio of 24.94, a PEG ratio of 3.14 and a beta of 0.96.

Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. The business had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.Union Pacific’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same period in the prior year, the company earned $3.03 EPS. On average, equities analysts forecast that Union Pacific Corporation will post 12.93 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be issued a dividend of $1.42 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $5.68 dividend on an annualized basis and a yield of 1.8%. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s payout ratio is currently 44.70%.

About Union Pacific

(Free Report)

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.