Union Pacific Corporation $UNP Shares Acquired by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 10.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 396,610 shares of the railroad operator’s stock after purchasing an additional 38,782 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Union Pacific were worth $96,424,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in UNP. Vanguard Group Inc. boosted its position in shares of Union Pacific by 1.1% in the fourth quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator’s stock worth $13,724,045,000 after buying an additional 659,378 shares during the period. State Street Corp grew its position in Union Pacific by 4.3% in the fourth quarter. State Street Corp now owns 26,330,080 shares of the railroad operator’s stock valued at $6,090,674,000 after acquiring an additional 1,082,285 shares in the last quarter. Capital World Investors grew its position in Union Pacific by 92.1% in the fourth 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 in the last quarter. Geode Capital Management LLC raised its stake in shares of Union Pacific by 2.0% during the fourth quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator’s stock valued at $3,552,550,000 after purchasing an additional 296,814 shares during the period. Finally, Morgan Stanley raised its stake in shares of Union Pacific by 5.0% during the fourth quarter. Morgan Stanley now owns 12,636,050 shares of the railroad operator’s stock valued at $2,922,971,000 after purchasing an additional 602,647 shares during the period. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Barclays restated an “overweight” rating and issued a $315.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Susquehanna lifted their price target on shares of Union Pacific from $305.00 to $333.00 and gave the stock a “positive” rating in a research note on Tuesday. TD Cowen boosted their price objective on shares of Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Citizens Jmp started coverage on shares of Union Pacific in a research report on Wednesday. They issued an “outperform” rating and a $350.00 price objective for the company. Finally, Evercore restated an “outperform” rating and set a $294.00 target price on shares of Union Pacific in a research note on Thursday, June 25th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $299.11.

Union Pacific News Roundup

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

• Positive Sentiment: Union Pacific received the first rail from Rocky Mountain Steel’s new $1.2 billion Pueblo mill, kicking off a seven-year domestic supply contract that could improve rail-input reliability and support efficiency. Article Title
• Positive Sentiment: Several analysts remain constructive, with recent price-target increases and buy/outperform-style ratings helping reinforce expectations for stronger earnings and continued momentum. Article Title
• Positive Sentiment: Heading into Q2 results, earnings estimates have been rising as stronger freight demand may offset volume and supply-chain pressures, which could set up a positive catalyst if Union Pacific beats expectations. Article Title
• Neutral Sentiment: A valuation article said Union Pacific looks fairly valued on cash flow, suggesting the shares may be closer to intrinsic value than deeply discounted, which is less of a near-term trading catalyst. Article Title
• Negative Sentiment: Dan Loeb’s Third Point cut its Union Pacific stake by more than 90% while also slashing other railroad holdings, a move that may pressure sentiment around the sector amid merger uncertainty. Article Title

Insider Buying and Selling

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

Union Pacific Stock Performance

UNP stock opened at $301.44 on Friday. The company has a debt-to-equity ratio of 1.53, a quick ratio of 0.73 and a current ratio of 0.92. The stock has a market capitalization of $178.96 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 3.13 and a beta of 0.96. Union Pacific Corporation has a 1 year low of $210.84 and a 1 year high of $303.15. The stock’s fifty day moving average is $271.93 and its two-hundred day moving average is $256.00.

Union Pacific (NYSE:UNP) last released its quarterly 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 business had revenue of $6.22 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.70 earnings per share. On average, research analysts predict that Union Pacific Corporation will post 12.62 EPS for the current year.

Union Pacific Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Friday, May 29th were given a dividend of $1.38 per share. The ex-dividend date was Friday, May 29th. This represents a $5.52 annualized dividend and a dividend yield of 1.8%. Union Pacific’s payout ratio is currently 45.47%.

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.