Cannell & Spears LLC Buys 17,854 Shares of Union Pacific Corporation $UNP

Cannell & Spears LLC lifted its stake in Union Pacific Corporation (NYSE:UNP) by 5.0% in the 1st quarter, HoldingsChannel reports. The firm owned 371,600 shares of the railroad operator’s stock after buying an additional 17,854 shares during the quarter. Union Pacific accounts for 1.8% of Cannell & Spears LLC’s portfolio, making the stock its 13th biggest position. Cannell & Spears LLC’s holdings in Union Pacific were worth $90,131,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Cambient Family Office LLC bought a new position in Union Pacific in the 4th quarter worth about $1,319,000. First National Bank of Omaha increased its stake in 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 bought a new stake in Union Pacific during the 4th quarter valued at about $4,746,000. Sage Investment Advisers LLC purchased a new position in Union Pacific in the fourth quarter worth about $997,000. Finally, Dorato Capital Management purchased a new position in Union Pacific in the fourth quarter worth about $1,408,000. Institutional investors own 80.38% of the company’s stock.

Insider Buying and Selling at Union Pacific

In other news, EVP Eric J. Gehringer sold 2,991 shares of the firm’s stock in a transaction on 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 directly owned 43,012 shares in the company, valued at $11,353,447.52. This trade represents a 6.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. 0.22% of the stock is owned by insiders.

Trending Headlines about 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 Stock Up 1.1%

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. The firm has a 50 day moving average price of $275.12 and a 200-day moving average price of $258.32. Union Pacific Corporation has a twelve month low of $210.84 and a twelve month high of $315.99. The stock has a market capitalization of $182.59 billion, a price-to-earnings ratio of 24.90, a PEG ratio of 3.18 and a beta of 0.96.

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. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The company had revenue of $6.86 billion for the quarter, compared to analysts’ expectations of $6.72 billion. During the same quarter last year, the company posted $3.03 earnings per share. The firm’s quarterly revenue was up 11.5% on a year-over-year basis. Equities research analysts forecast that Union Pacific Corporation will post 12.64 earnings per share for the current year.

Union Pacific Announces Dividend

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

Analysts Set New Price Targets

UNP has been the topic of a number of recent analyst reports. The Goldman Sachs Group set a $317.00 price target on shares of Union Pacific and gave the company a “neutral” rating in a report on Thursday. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Union Pacific in a research report on Monday, July 13th. 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. Citigroup lifted their target price on Union Pacific from $326.00 to $349.00 and gave the stock a “buy” rating in a report on Friday. Finally, TD Cowen reaffirmed a “buy” rating and set a $325.00 price target (up from $282.00) on shares of Union Pacific in a report on Friday. Two research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat, Union Pacific presently has a consensus rating of “Moderate Buy” and a consensus target price of $319.16.

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.