Union Pacific Corporation $UNP Shares Sold by Flputnam Investment Management Co.

Flputnam Investment Management Co. lessened its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 1.7% in the 2nd quarter, Holdings Channel reports. The fund owned 114,447 shares of the railroad operator’s stock after selling 1,922 shares during the quarter. Flputnam Investment Management Co.’s holdings in Union Pacific were worth $31,130,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Tucker Asset Management LLC acquired a new position in shares of Union Pacific during the 4th quarter worth approximately $25,000. SWAN Capital LLC increased its holdings 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 acquired a new stake in shares of Union Pacific in the fourth quarter valued at approximately $27,000. Scarborough Advisors LLC purchased a new position in Union Pacific during the first quarter worth approximately $27,000. Finally, Merkkuri Wealth Advisors LLC purchased a new position in Union Pacific during the first quarter worth approximately $29,000. Institutional investors and hedge funds own 80.38% of the company’s stock.

Union Pacific Stock Up 0.0%

Shares of NYSE UNP opened at $307.82 on Friday. 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 business’s 50 day moving average is $291.07 and its two-hundred day moving average is $269.81. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $315.99. The firm has a market cap of $182.87 billion, a price-to-earnings ratio of 24.92, a PEG ratio of 3.12 and a beta of 0.96.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, beating analysts’ consensus estimates of $3.26 by $0.15. The business had revenue of $6.86 billion during the quarter, compared to analysts’ expectations of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The company’s revenue was up 11.5% on a year-over-year basis. During the same period in the previous year, the firm posted $3.03 earnings per share. Research analysts predict that Union Pacific Corporation will post 13.01 EPS for the current year.

Union Pacific Increases Dividend

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

Insider Activity at Union Pacific

In related news, EVP Eric J. Gehringer sold 2,991 shares of Union Pacific stock in a transaction that occurred 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 completion of the transaction, 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

UNP has been the topic of a number of recent research reports. Bank of America boosted their price objective on Union Pacific from $301.00 to $334.00 and gave the stock a “buy” rating in a research note on Thursday, July 23rd. Susquehanna lifted their price target on Union Pacific from $305.00 to $333.00 and gave the stock a “positive” rating in a report on Tuesday, July 14th. Stephens upgraded Union Pacific to a “strong-buy” rating in a report on Wednesday, July 8th. Erste Group Bank assumed coverage on shares of Union Pacific in a research report on Thursday. They set a “buy” rating on the stock. Finally, JPMorgan Chase & Co. upped their price objective on shares of Union Pacific from $304.00 to $334.00 and gave the company a “neutral” rating in a report on Friday, July 24th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $320.89.

Union Pacific News Summary

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

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.