Union Pacific (NYSE:UNP) Price Target Raised to $334.00

Union Pacific (NYSE:UNP) had its price objective boosted by Bank of America from $301.00 to $334.00 in a report published on Thursday,Benzinga reports. The brokerage currently has a buy rating on the railroad operator’s stock.

A number of other brokerages have also issued reports on UNP. Susquehanna lifted their target price on shares of Union Pacific from $305.00 to $333.00 and gave the company a “positive” rating in a research note on Tuesday, July 14th. Benchmark reaffirmed a “buy” rating and issued a $325.00 price target (up from $300.00) on shares of Union Pacific in a research note on Wednesday, July 15th. BMO Capital Markets reiterated a “market perform” rating and set a $285.00 price objective (up from $278.00) on shares of Union Pacific in a report on Friday, April 24th. Citizens Jmp initiated coverage on Union Pacific in a research report on Wednesday, July 15th. They set an “outperform” rating and a $350.00 price objective for the company. Finally, Wells Fargo & Company boosted their target price on Union Pacific from $300.00 to $315.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $319.16.

Union Pacific Stock Performance

UNP stock opened at $307.54 on Thursday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.73 and a current ratio of 0.99. The stock has a market cap of $182.59 billion, a P/E ratio of 24.90, a P/E/G ratio of 3.21 and a beta of 0.96. The firm has a 50 day simple moving average of $275.12 and a 200 day simple moving average of $258.32. Union Pacific has a 52 week low of $210.84 and a 52 week high of $315.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, beating analysts’ consensus estimates of $3.20 by $0.21. The firm had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.72 billion. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The firm’s revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm posted $3.03 earnings per share. Research analysts anticipate that Union Pacific will post 12.84 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 29th were issued a $1.38 dividend. This represents a $5.52 annualized dividend and a yield of 1.8%. The ex-dividend date was Friday, May 29th. Union Pacific’s payout ratio is 44.70%.

Insider Transactions at Union Pacific

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president owned 43,012 shares of the company’s stock, valued at $11,353,447.52. This represents a 6.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.22% of the stock is owned by insiders.

Hedge Funds Weigh In On Union Pacific

Institutional investors have recently modified their holdings of the company. Cambient Family Office LLC bought a new stake in Union Pacific during the fourth quarter valued at about $1,319,000. First National Bank of Omaha grew its position in shares of Union Pacific by 35.8% in the fourth quarter. First National Bank of Omaha now owns 54,635 shares of the railroad operator’s stock valued at $12,665,000 after purchasing an additional 14,399 shares during the last quarter. North Dakota State Investment Board bought a new position in shares of Union Pacific in the fourth quarter worth about $4,746,000. Sage Investment Advisers LLC bought a new position in shares of Union Pacific in the fourth quarter worth about $997,000. Finally, Dorato Capital Management acquired a new position in shares of Union Pacific during the 4th quarter worth about $1,408,000. Institutional investors own 80.38% of the company’s stock.

More Union Pacific News

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

• Positive Sentiment: Union Pacific reported better-than-expected Q2 results, with adjusted EPS of $3.41 and revenue of $6.86 billion, both ahead of Wall Street estimates, reinforcing confidence in operating momentum and pricing power.
• Positive Sentiment: Analysts turned more constructive after the earnings beat, with Citigroup, JPMorgan, Benchmark, and Bank of America all raising price targets, suggesting expectations for further upside in the stock.
• Positive Sentiment: Union Pacific and Canadian National reached a binding access agreement tied to the proposed Norfolk Southern merger, easing competition concerns and improving the odds of regulatory approval while also giving UNP better Chicago routing efficiency and expanded corridor access. Article Title
• Neutral Sentiment: The broader news flow also highlighted that the merger and access agreement may reshape North American rail traffic patterns, but the deal still depends on Surface Transportation Board approval and final closing.
• Neutral Sentiment: Several articles noted Union Pacific’s record freight revenue and improved efficiency, which supports the bullish case but is already partly reflected in the recent rally.

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.