Union Pacific Corporation $UNP Stock Position Raised by AlTi Global Inc.

AlTi Global Inc. increased its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 17.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,866 shares of the railroad operator’s stock after acquiring an additional 2,637 shares during the quarter. AlTi Global Inc.’s holdings in Union Pacific were worth $4,338,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. increased its holdings in shares of Union Pacific by 1.1% in the 4th quarter. Vanguard Group Inc. now owns 59,329,262 shares of the railroad operator’s stock worth $13,724,045,000 after acquiring an additional 659,378 shares during the period. State Street Corp grew its position in Union Pacific by 4.3% in the 4th quarter. State Street Corp now owns 26,330,080 shares of the railroad operator’s stock worth $6,090,674,000 after purchasing an additional 1,082,285 shares during the last quarter. Capital World Investors increased its stake in shares of 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 purchasing an additional 9,655,306 shares during the period. Geode Capital Management LLC increased its stake in shares of Union Pacific by 2.0% in 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 holdings 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 buying an additional 602,647 shares during the last quarter. Institutional investors own 80.38% of the company’s stock.

Insider Activity

In related news, CFO Jennifer L. Hamann sold 2,000 shares of Union Pacific stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $274.70, for a total transaction of $549,400.00. Following the transaction, the chief financial officer directly owned 114,642 shares of the company’s stock, valued at $31,492,157.40. The trade was a 1.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was 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 in the company, valued at approximately $16,605,079.52. This trade represents a 30.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 32,378 shares of company stock worth $8,781,595 over the last 90 days. 0.22% of the stock is currently owned by company insiders.

Union Pacific Price Performance

Shares of NYSE:UNP opened at $301.44 on Monday. Union Pacific Corporation has a 12 month low of $210.84 and a 12 month high of $303.15. The stock has a market cap of $178.96 billion, a price-to-earnings ratio of 24.83, a PEG ratio of 3.16 and a beta of 0.96. The stock’s 50 day moving average price is $271.93 and its 200 day moving average price is $256.15. The company has a debt-to-equity ratio of 1.53, a current ratio of 0.92 and a quick ratio of 0.73.

Union Pacific (NYSE:UNP) last released its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. The firm had revenue of $6.22 billion during the quarter, compared to the consensus estimate of $6.12 billion. Union Pacific had a return on equity of 39.58% and a net margin of 29.20%.The firm’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.70 earnings per share. Equities research analysts anticipate that Union Pacific Corporation will post 12.62 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

The company 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. 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 dividend payout ratio is 45.47%.

More Union Pacific News

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

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Barclays reiterated an “overweight” rating and set a $315.00 price objective (up from $285.00) on shares of Union Pacific in a research report on Friday, April 24th. Stephens raised Union Pacific to a “strong-buy” rating in a research note on Wednesday, July 8th. Citigroup began coverage on Union Pacific in a research report on Wednesday. They set an “outperform” rating for the company. Royal Bank Of Canada reiterated an “outperform” rating and set a $289.00 price target (up from $273.00) on shares of Union Pacific in a research report on Friday, April 24th. Finally, Evercore reissued an “outperform” rating and issued a $294.00 price target 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, thirteen have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $299.11.

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.