Midwest Trust Co Purchases 2,594 Shares of Union Pacific Corporation $UNP

Midwest Trust Co grew its position in Union Pacific Corporation (NYSE:UNP) by 0.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm 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 portfolio, making the stock its 28th largest position. Midwest Trust Co’s holdings in Union Pacific were worth $69,686,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Rachor Investment Advisory Services LLC bought a new position in Union Pacific during the fourth quarter worth about $25,000. Tucker Asset Management LLC bought a new stake in shares of Union Pacific in the fourth quarter worth about $25,000. SWAN Capital LLC raised its position in shares of Union Pacific by 2,575.0% during the fourth 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. High Point Wealth Management LLC bought a new position in shares of Union Pacific during the 4th quarter valued at about $26,000. Finally, Saranac Partners Ltd bought a new position in shares of Union Pacific during the 3rd quarter valued at about $27,000. Institutional investors own 80.38% of the company’s stock.

Insider Activity

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the sale, the executive vice president directly 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 legal filing with the SEC, which is available through this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the stock in a transaction on 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 sale, the executive vice president owned 61,102 shares of the company’s stock, valued at approximately $16,605,079.52. This represents a 30.95% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 32,378 shares of company stock valued at $8,781,595. 0.22% of the stock is owned by insiders.

Analyst Ratings Changes

UNP has been the subject of a number of research reports. Royal Bank Of Canada reissued an “outperform” rating and set a $289.00 target price (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. UBS Group reiterated a “neutral” rating and issued a $274.00 price target (up from $253.00) on shares of Union Pacific in a report on Friday, April 24th. Benchmark increased their price objective on shares of Union Pacific from $275.00 to $300.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $285.00 price objective (up from $278.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Evercore reaffirmed an “outperform” rating and issued a $294.00 target price on shares of Union Pacific in a research note on Thursday, June 25th. Two research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $290.39.

Trending Headlines about 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 Stock Up 0.8%

Shares of NYSE UNP traded up $2.23 during mid-day trading on Friday, hitting $287.27. The company had a trading volume of 1,876,184 shares, compared to its average volume of 2,394,006. The company has a market capitalization of $170.55 billion, a PE ratio of 23.66, a price-to-earnings-growth ratio of 3.02 and a beta of 0.96. The firm has a 50-day simple moving average of $269.23 and a two-hundred day simple moving average of $253.94. 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 Corporation has a one year low of $210.84 and a one year high of $288.90.

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

Union Pacific Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th were issued a $1.38 dividend. 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 presently 45.47%.

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.