Bank of America Corp DE Raises Holdings in Union Pacific Corporation $UNP

Bank of America Corp DE boosted its position in Union Pacific Corporation (NYSE:UNP) by 16.8% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 14,463,071 shares of the railroad operator’s stock after purchasing an additional 2,084,808 shares during the quarter. Bank of America Corp DE’s holdings in Union Pacific were worth $3,509,030,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Acadian Asset Management LLC grew its stake in Union Pacific by 40.4% during the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after acquiring an additional 665 shares in the last quarter. Schnieders Capital Management LLC. raised its holdings in Union Pacific by 0.5% in the 2nd quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock valued at $4,741,000 after acquiring an additional 102 shares during the last quarter. Main Street Financial Solutions LLC lifted its stake in Union Pacific by 1.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 3,733 shares of the railroad operator’s stock worth $859,000 after purchasing an additional 58 shares in the last quarter. HUB Investment Partners LLC lifted its stake in Union Pacific by 10.0% in the 2nd quarter. HUB Investment Partners LLC now owns 6,091 shares of the railroad operator’s stock worth $1,401,000 after purchasing an additional 554 shares in the last quarter. Finally, Alliancebernstein L.P. boosted its holdings in shares of Union Pacific by 7.4% during the 2nd quarter. Alliancebernstein L.P. now owns 1,528,426 shares of the railroad operator’s stock worth $351,660,000 after purchasing an additional 105,664 shares during the last quarter. Hedge funds and other institutional investors own 80.38% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on UNP shares. Evercore restated an “outperform” rating and issued a $294.00 price target on shares of Union Pacific in a research report on Thursday, June 25th. Stephens upgraded Union Pacific to a “strong-buy” rating in a research report on Wednesday, July 8th. Weiss Ratings raised Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 24th. Citigroup upped their target price on Union Pacific from $326.00 to $349.00 and gave the company a “buy” rating in a report on Friday, July 24th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $310.00 target price (up from $286.00) on shares of Union Pacific in a research note on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Union Pacific currently has an average rating of “Moderate Buy” and a consensus target price of $320.89.

Insider Buying and Selling

In other news, EVP Eric J. Gehringer sold 2,991 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the transaction, the executive vice president directly owned 43,012 shares in the company, valued at $11,353,447.52. This trade represents a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.22% of the stock is owned by company insiders.

Union Pacific Stock Performance

NYSE UNP opened at $292.55 on Thursday. The stock has a fifty day simple moving average of $276.61 and a 200-day simple moving average of $259.90. 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 stock has a market cap of $173.80 billion, a PE ratio of 23.69, a P/E/G ratio of 3.01 and a beta of 0.96. Union Pacific Corporation has a twelve month low of $210.84 and a twelve month high of $315.99.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, beating analysts’ consensus estimates of $3.26 by $0.15. The company had revenue of $6.86 billion for the quarter, compared to analysts’ expectations of $6.72 billion. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. Union Pacific’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $3.03 earnings per share. Equities analysts anticipate that Union Pacific Corporation will post 12.9 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be given a $1.42 dividend. The ex-dividend date of this dividend is Monday, August 31st. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. This represents a $5.68 dividend on an annualized basis and a yield of 1.9%. Union Pacific’s dividend payout ratio is presently 44.70%.

Key Stories Impacting Union Pacific

Here are the key news stories impacting Union Pacific this week:

• Positive Sentiment: Union Pacific raised its quarterly dividend 3% to $1.42 per share, payable September 30 to shareholders of record August 31. The company has now paid dividends for 127 consecutive years, reinforcing its income-investment appeal. Union Pacific announces 3% dividend increase
• Positive Sentiment: Bernstein maintained its Buy rating, while Robert W. Baird raised its price target to $344. The analyst support suggests continued confidence in Union Pacific’s earnings outlook and merger-related potential. Bernstein maintains Buy rating Baird raises Union Pacific price target
• Positive Sentiment: Union Pacific and Norfolk Southern added customer protections to their merger application, including expanded gateway pricing and temporary access to competing rail service if performance deteriorates. The concessions are intended to address competition concerns and improve the merger’s chances of regulatory approval. Union Pacific and Norfolk Southern add customer protections
• Neutral Sentiment: Union Pacific and Norfolk Southern executives said the latest filing strengthens the merger’s competitive case. Separately, momentum-focused coverage highlights the stock’s strong trend and recent performance, though these reports provide limited new fundamental information. Rail merger executives discuss competitive provisions Union Pacific momentum stock analysis
• Negative Sentiment: BNSF’s CEO criticized the revised merger filing, arguing the combined railroad could reduce competition and increase rates and prices on transcontinental routes. The opposition highlights the continuing regulatory and execution risks surrounding the transaction. BNSF criticizes Union Pacific rail merger filing

Union Pacific Company 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.