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

Union Pacific (NYSE:UNP) had its price target increased by JPMorgan Chase & Co. from $304.00 to $334.00 in a report published on Friday,Benzinga reports. The firm currently has a neutral rating on the railroad operator’s stock.

A number of other equities research analysts have also recently weighed in on the stock. Barclays reissued an “overweight” rating and issued a $350.00 price target (up from $315.00) on shares of Union Pacific in a research report on Friday. Citigroup began coverage on Union Pacific in a report on Wednesday, July 15th. They set an “outperform” rating on the stock. Royal Bank Of Canada reiterated an “outperform” rating and set a $339.00 target price (up from $289.00) on shares of Union Pacific in a research report on Friday. Benchmark boosted their target price on Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a report on Friday. Finally, Sanford C. Bernstein upped their target price on Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a research report on Tuesday, March 31st. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $319.16.

Union Pacific Stock Up 0.1%

Shares of NYSE:UNP opened at $307.54 on Friday. The company has a market capitalization of $182.70 billion, a PE ratio of 24.90, a P/E/G ratio of 3.16 and a beta of 0.96. The company has a current ratio of 0.99, a quick ratio of 0.82 and a debt-to-equity ratio of 1.40. Union Pacific has a twelve month low of $210.84 and a twelve month high of $315.99. The firm has a 50 day simple moving average of $275.12 and a 200-day simple moving average of $258.50.

Union Pacific (NYSE:UNP) last issued its earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.26 by $0.15. The business had revenue of $6.86 billion during 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%. The company’s revenue for the quarter was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.03 EPS. On average, equities analysts predict that Union Pacific will post 12.84 EPS for the current fiscal year.

Union Pacific Dividend Announcement

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

Insider Transactions at Union Pacific

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the firm’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 transaction, the executive vice president directly owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. This trade represents a 6.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 0.22% of the company’s stock.

Institutional Investors Weigh In On Union Pacific

A number of institutional investors and hedge funds have recently made changes to their positions in UNP. Capital World Investors increased its position in Union Pacific by 92.1% in the 4th quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock valued at $4,658,142,000 after acquiring an additional 9,655,306 shares during the period. Norges Bank purchased a new stake in Union Pacific during the 4th quarter valued at approximately $1,779,907,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Union Pacific by 72.7% during the 3rd quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 9,177,002 shares of the railroad operator’s stock worth $2,169,168,000 after acquiring an additional 3,861,636 shares during the period. Capital Research Global Investors lifted its position in Union Pacific by 26.0% during the 4th quarter. Capital Research Global Investors now owns 10,980,904 shares of the railroad operator’s stock worth $2,540,105,000 after acquiring an additional 2,267,708 shares during the period. Finally, Bank of America Corp DE grew its stake in shares of Union Pacific by 16.8% in the 1st quarter. Bank of America Corp DE now owns 14,463,071 shares of the railroad operator’s stock valued at $3,509,030,000 after purchasing an additional 2,084,808 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Union Pacific

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.