Bank of America Raises Union Pacific (NYSE:UNP) Price Target to $334.00

Union Pacific (NYSE:UNP) had its price target boosted by equities researchers at Bank of America from $301.00 to $334.00 in a note issued to investors on Thursday,Benzinga reports. The firm presently has a “buy” rating on the railroad operator’s stock. Bank of America‘s price target would indicate a potential upside of 8.60% from the stock’s previous close.

Several other equities analysts also recently weighed in on the company. TD Cowen lifted their target price on Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Weiss Ratings cut shares of Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. Royal Bank Of Canada reissued an “outperform” rating and issued a $289.00 price objective (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. JPMorgan Chase & Co. lifted their price objective on shares of Union Pacific from $275.00 to $304.00 and gave the company a “neutral” rating in a report on Friday, July 10th. Finally, Barclays reaffirmed an “overweight” rating and set a $315.00 target price (up from $285.00) on shares of Union Pacific in a research note on Friday, April 24th. Two 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 MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $319.16.

Union Pacific Trading Up 1.1%

UNP opened at $307.54 on Thursday. Union Pacific has a 52 week low of $210.84 and a 52 week high of $315.99. The company has a quick ratio of 0.73, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. The business has a fifty day simple moving average of $275.12 and a 200-day simple moving average of $258.32. The firm has a market cap 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.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data 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. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The firm had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.72 billion. During the same quarter in the previous year, the business earned $3.03 EPS. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. On average, equities analysts expect that Union Pacific will post 12.64 earnings per share for the current year.

Insider Activity at Union Pacific

In other news, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total value of $789,504.36. Following the transaction, the executive vice president owned 43,012 shares in the company, valued at approximately $11,353,447.52. This represents a 6.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 0.22% of the company’s stock.

Hedge Funds Weigh In On Union Pacific

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Key Financial Inc lifted its position in shares of Union Pacific by 2.1% during the 1st quarter. Key Financial Inc now owns 1,821 shares of the railroad operator’s stock worth $442,000 after buying an additional 38 shares during the last quarter. Members Trust Co grew its position in shares of Union Pacific by 2.5% in the 1st quarter. Members Trust Co now owns 1,573 shares of the railroad operator’s stock valued at $382,000 after buying an additional 38 shares during the last quarter. EJMK Ventures LLC raised its stake in Union Pacific by 4.0% during the 1st quarter. EJMK Ventures LLC now owns 1,016 shares of the railroad operator’s stock worth $247,000 after acquiring an additional 39 shares in the last quarter. Wealthquest Corp raised its stake in Union Pacific by 3.7% during the 1st quarter. Wealthquest Corp now owns 1,108 shares of the railroad operator’s stock worth $269,000 after acquiring an additional 40 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. lifted its position in Union Pacific by 5.3% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 791 shares of the railroad operator’s stock valued at $215,000 after acquiring an additional 40 shares during the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Union Pacific News Roundup

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.