Cullinan Associates Inc. Reduces Position in Union Pacific Corporation $UNP

Cullinan Associates Inc. trimmed its holdings in Union Pacific Corporation (NYSE:UNP) by 15.0% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 15,260 shares of the railroad operator’s stock after selling 2,700 shares during the quarter. Cullinan Associates Inc.’s holdings in Union Pacific were worth $3,702,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Tucker Asset Management LLC bought a new position in Union Pacific during the fourth quarter valued at approximately $25,000. SWAN Capital LLC grew its position in Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after purchasing an additional 103 shares during the period. Rachor Investment Advisory Services LLC purchased a new stake in Union Pacific during the 4th quarter valued at $25,000. Saranac Partners Ltd purchased a new stake in Union Pacific during the 3rd quarter valued at $27,000. Finally, High Point Wealth Management LLC bought a new position in shares of Union Pacific during the 4th quarter valued at $26,000. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Key Union Pacific News

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)

Analysts Set New Price Targets

Several analysts recently commented on UNP shares. Raymond James Financial set a $310.00 price objective on Union Pacific in a report on Friday, April 24th. BMO Capital Markets restated a “market perform” rating and set a $285.00 price target (up from $278.00) on shares of Union Pacific in a research note on Friday, April 24th. Sanford C. Bernstein increased their price objective on shares of Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 31st. Weiss Ratings downgraded shares of Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Finally, Susquehanna reiterated a “positive” rating and set a $305.00 price target on shares of Union Pacific in a research note on Friday, June 5th. Two analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $290.39.

Union Pacific Price Performance

Shares of NYSE:UNP traded up $2.23 during trading on Friday, hitting $287.27. 1,876,184 shares of the company’s stock were exchanged, compared to its average volume of 2,394,006. The company has a market cap of $170.55 billion, a price-to-earnings ratio of 23.66, a PEG ratio of 3.02 and a beta of 0.96. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $288.90. The business’s 50-day simple moving average is $269.23 and its 200 day simple moving average is $253.94.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping the consensus estimate of $2.86 by $0.07. The firm had revenue of $6.22 billion for the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The company’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.70 earnings per share. As a group, equities analysts predict that Union Pacific Corporation will post 12.56 EPS for the current year.

Union Pacific Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th were issued a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, May 29th. Union Pacific’s dividend payout ratio is 45.47%.

Insider Activity at Union Pacific

In other Union Pacific news, CFO Jennifer L. Hamann sold 2,000 shares of the stock in a transaction on Friday, April 24th. The shares were sold at an average price of $274.70, for a total transaction of $549,400.00. Following the completion of the transaction, the chief financial officer owned 114,642 shares in the company, valued at $31,492,157.40. This trade represents a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $271.76, for a total transaction of $7,442,691.12. Following the completion of the transaction, the executive vice president directly owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. The trade was a 30.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 32,378 shares of company stock valued at $8,781,595 over the last 90 days. 0.22% of the stock is owned by corporate insiders.

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.