Benchmark Raises Union Pacific (NYSE:UNP) Price Target to $335.00

Union Pacific (NYSE:UNP) had its price objective upped by investment analysts at Benchmark from $325.00 to $335.00 in a research note issued on Friday,Benzinga reports. The firm currently has a “buy” rating on the railroad operator’s stock. Benchmark’s target price would indicate a potential upside of 8.93% from the stock’s current price.

A number of other brokerages have also recently issued reports on UNP. The Goldman Sachs Group set a $317.00 target price on Union Pacific and gave the stock a “neutral” rating in a report on Thursday. Sanford C. Bernstein upped their price target on Union Pacific from $289.00 to $293.00 and gave the company an “outperform” rating in a research note on Tuesday, March 31st. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research report on Monday, July 13th. Royal Bank Of Canada reissued an “outperform” rating and set a $289.00 price objective (up from $273.00) on shares of Union Pacific in a research note on Friday, April 24th. Finally, Evercore restated an “outperform” rating and set a $294.00 price objective on shares of Union Pacific in a report on Thursday, June 25th. Two research 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $319.16.

Union Pacific Stock Up 1.1%

NYSE:UNP opened at $307.54 on Friday. 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 12-month low of $210.84 and a 12-month high of $315.99. The stock’s fifty day simple moving average is $275.12 and its 200-day simple moving average is $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 3.21 and a beta of 0.96.

Union Pacific (NYSE:UNP) last released its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, beating analysts’ consensus estimates of $3.20 by $0.21. The business had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The firm’s revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.03 earnings per share. Equities research analysts expect that Union Pacific will post 12.84 earnings per share for the current year.

Insider Activity at Union Pacific

In related news, EVP Eric J. Gehringer sold 2,991 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total value of $789,504.36. Following the sale, the executive vice president directly owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. The trade was a 6.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.22% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Union Pacific

Large investors have recently added to or reduced their stakes in the company. Rachor Investment Advisory Services LLC bought a new stake in shares of Union Pacific in the fourth quarter valued at about $25,000. Tucker Asset Management LLC bought a new position in shares of Union Pacific during the fourth quarter worth about $25,000. SWAN Capital LLC grew its holdings in shares of Union Pacific by 2,575.0% during the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock worth $25,000 after buying an additional 103 shares in the last quarter. High Point Wealth Management LLC bought a new position in shares of Union Pacific during the fourth quarter worth about $26,000. Finally, Cornerstone Financial Management LLC acquired a new stake in Union Pacific in the 4th quarter valued at approximately $27,000. Institutional investors own 80.38% of the company’s stock.

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.