Union Pacific (NYSE:UNP) Price Target Raised to $334.00 at JPMorgan Chase & Co.

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

Several other brokerages have also weighed in on UNP. Susquehanna upped their price objective on shares of Union Pacific from $305.00 to $333.00 and gave the company a “positive” rating in a report on Tuesday, July 14th. Citigroup assumed coverage on Union Pacific in a report on Wednesday, July 15th. They set an “outperform” rating for the company. Evercore reaffirmed an “outperform” rating and set a $294.00 target price on shares of Union Pacific in a research report on Thursday, June 25th. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a report on Monday, July 13th. Finally, Sanford C. Bernstein upped their price objective on shares of Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Two 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 company. Based on data from MarketBeat.com, Union Pacific has a consensus rating of “Moderate Buy” and an average price target of $319.16.

Union Pacific Stock Performance

NYSE:UNP opened at $307.54 on Friday. The company has a fifty day moving average of $275.12 and a 200-day moving average of $258.32. The firm has a market capitalization of $182.59 billion, a P/E ratio of 24.90, a P/E/G ratio of 3.18 and a beta of 0.96. The company has a quick ratio of 0.73, a current ratio of 0.99 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.

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, topping the consensus estimate of $3.26 by $0.15. The business had revenue of $6.86 billion for the quarter, compared to analyst estimates 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 was up 11.5% on a year-over-year basis. During the same period in the prior year, the firm earned $3.03 earnings per share. As a group, sell-side analysts anticipate that Union Pacific will post 12.64 EPS for the current year.

Union Pacific Dividend Announcement

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

Insider Activity

In related news, EVP Eric J. Gehringer sold 2,991 shares of the company’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 43,012 shares in the company, valued at approximately $11,353,447.52. This represents a 6.50% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.22% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. Cambient Family Office LLC purchased a new stake in Union Pacific in the 4th quarter worth approximately $1,319,000. First National Bank of Omaha grew its position in shares of Union Pacific by 35.8% during the 4th 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 in the last quarter. North Dakota State Investment Board purchased a new position in shares of Union Pacific during the 4th quarter valued at $4,746,000. Sage Investment Advisers LLC bought a new position in shares of Union Pacific in the fourth quarter worth $997,000. Finally, Dorato Capital Management bought a new position in shares of Union Pacific in the fourth quarter worth $1,408,000. 80.38% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories 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.

About Union Pacific

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.