New Mexico Educational Retirement Board Has $8.05 Million Stock Position in Union Pacific Corporation $UNP

New Mexico Educational Retirement Board boosted its position in Union Pacific Corporation (NYSE:UNP) by 8.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,588 shares of the railroad operator’s stock after buying an additional 2,300 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Union Pacific were worth $8,048,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Tucker Asset Management LLC bought a new stake in Union Pacific during the fourth quarter valued at about $25,000. SWAN Capital LLC grew its position in shares of Union Pacific by 2,575.0% in the fourth quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after purchasing an additional 103 shares during the last quarter. Cornerstone Financial Management LLC bought a new position in shares of Union Pacific in the fourth quarter worth about $27,000. Scarborough Advisors LLC acquired a new position in shares of Union Pacific during the 1st quarter worth about $27,000. Finally, Merkkuri Wealth Advisors LLC bought a new stake in Union Pacific during the 1st quarter valued at approximately $29,000. Institutional investors own 80.38% of the company’s stock.

Union Pacific Trading Up 0.0%

Shares of UNP opened at $307.82 on Friday. The stock’s 50-day moving average price is $291.07 and its 200 day moving average price is $269.81. The company has a quick ratio of 0.82, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. The firm has a market capitalization of $182.87 billion, a price-to-earnings ratio of 24.92, a P/E/G ratio of 3.12 and a beta of 0.96. Union Pacific Corporation has a 12-month low of $210.84 and a 12-month high of $315.99.

Union Pacific (NYSE:UNP) last announced its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, topping the consensus estimate of $3.26 by $0.15. The company had revenue of $6.86 billion for the quarter, compared to analyst estimates of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.Union Pacific’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter last year, the firm earned $3.03 EPS. As a group, research analysts predict that Union Pacific Corporation will post 13.01 earnings per share for the current year.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be given a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 1.8%. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date of this dividend is Monday, August 31st. Union Pacific’s dividend payout ratio (DPR) is 44.70%.

Key Union Pacific News

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

• Positive Sentiment: New analyst coverage adds support: Erste Group Bank AG initiated coverage of Union Pacific with a “buy” rating, signaling confidence in the railroad’s valuation and outlook. Erste Group Bank coverage
• Positive Sentiment: Dividend and earnings backdrop remains favorable: Union Pacific is being highlighted as a dividend-growth railroad, and recent quarterly results showed earnings and revenue above analyst expectations, with revenue up year over year. These factors reinforce the company’s appeal to income and quality-focused investors. Dividend-paying railroad stocks
• Neutral Sentiment: Merger application advances: Union Pacific and Norfolk Southern submitted expanded customer protections to the Surface Transportation Board, including broader eligibility for committed gateway pricing. The proposed terms could improve the prospects for approval of the first single-line transcontinental railroad network, although the transaction remains subject to a lengthy regulatory review. Union Pacific and Norfolk Southern merger protections
• Neutral Sentiment: Management will address investors: CEO Jim Vena and CFO Jennifer Hamann are scheduled to participate in a Bernstein Research fireside chat on September 1. Investors may look for updates on merger strategy, rail efficiency and operating trends. Union Pacific Bernstein fireside chat
• Negative Sentiment: Regulatory and efficiency risks remain: The companies continue defending the merger against opponents’ challenges, while new analysis describes Union Pacific as facing a fresh test of rail efficiency. Any tougher STB scrutiny or evidence of operational weaknesses could temper merger-driven optimism. Merger application regulatory review

Insiders Place Their Bets

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction 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 owned 43,012 shares in the company, valued at $11,353,447.52. The trade was a 6.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.22% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Erste Group Bank assumed coverage on Union Pacific in a report on Thursday. They issued a “buy” rating on the stock. JPMorgan Chase & Co. upped their price target on Union Pacific from $304.00 to $334.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. UBS Group reissued a “neutral” rating and issued a $310.00 price objective (up from $286.00) on shares of Union Pacific in a research report on Friday, July 24th. Stephens upgraded shares of Union Pacific to a “strong-buy” rating in a research note on Wednesday, July 8th. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $335.00 target price (up from $315.00) on shares of Union Pacific in a research note on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $320.89.

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.