Union Pacific Corporation $UNP Shares Bought by AlTi Global Inc.

AlTi Global Inc. lifted its stake in shares of Union Pacific Corporation (NYSE:UNP) by 17.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 17,866 shares of the railroad operator’s stock after acquiring an additional 2,637 shares during the period. AlTi Global Inc.’s holdings in Union Pacific were worth $4,338,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of UNP. Acadian Asset Management LLC lifted its stake in shares of Union Pacific by 40.4% in the 1st quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after purchasing an additional 665 shares in the last quarter. Schnieders Capital Management LLC. increased its position in Union Pacific by 0.5% during the 2nd quarter. Schnieders Capital Management LLC. now owns 20,606 shares of the railroad operator’s stock worth $4,741,000 after purchasing an additional 102 shares in the last quarter. Main Street Financial Solutions LLC raised its holdings in Union Pacific by 1.6% in the second quarter. Main Street Financial Solutions LLC now owns 3,733 shares of the railroad operator’s stock valued at $859,000 after buying an additional 58 shares during the period. HUB Investment Partners LLC raised its holdings in Union Pacific by 10.0% in the second quarter. HUB Investment Partners LLC now owns 6,091 shares of the railroad operator’s stock valued at $1,401,000 after buying an additional 554 shares during the period. Finally, Alliancebernstein L.P. lifted its position in Union Pacific by 7.4% during the second quarter. Alliancebernstein L.P. now owns 1,528,426 shares of the railroad operator’s stock valued at $351,660,000 after buying an additional 105,664 shares in the last quarter. 80.38% of the stock is owned by institutional investors and hedge funds.

Key Union Pacific News

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

• Positive Sentiment: Union Pacific received the first rail from Rocky Mountain Steel’s new $1.2 billion Pueblo mill, kicking off a seven-year domestic supply contract that could improve rail-input reliability and support efficiency. Article Title
• Positive Sentiment: Several analysts remain constructive, with recent price-target increases and buy/outperform-style ratings helping reinforce expectations for stronger earnings and continued momentum. Article Title
• Positive Sentiment: Heading into Q2 results, earnings estimates have been rising as stronger freight demand may offset volume and supply-chain pressures, which could set up a positive catalyst if Union Pacific beats expectations. Article Title
• Neutral Sentiment: A valuation article said Union Pacific looks fairly valued on cash flow, suggesting the shares may be closer to intrinsic value than deeply discounted, which is less of a near-term trading catalyst. Article Title
• Negative Sentiment: Dan Loeb’s Third Point cut its Union Pacific stake by more than 90% while also slashing other railroad holdings, a move that may pressure sentiment around the sector amid merger uncertainty. Article Title

Insider Buying and Selling

In related news, EVP Kenyatta G. Rocker sold 27,387 shares of the business’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $271.76, for a total value of $7,442,691.12. Following the completion of the sale, the executive vice president directly owned 61,102 shares of the company’s stock, valued at $16,605,079.52. The trade was a 30.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Jennifer L. Hamann sold 2,000 shares of the company’s stock in a transaction that occurred on Friday, April 24th. The shares were sold at an average price of $274.70, for a total value of $549,400.00. Following the sale, the chief financial officer owned 114,642 shares in the company, valued at $31,492,157.40. The trade was a 1.71% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 32,378 shares of company stock worth $8,781,595. Corporate insiders own 0.22% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on UNP. Raymond James Financial reiterated a “strong-buy” rating on shares of Union Pacific in a research note on Monday, July 13th. Citizens Jmp began coverage on shares of Union Pacific in a report on Wednesday, July 15th. They set an “outperform” rating and a $350.00 target price on the stock. Evercore reaffirmed an “outperform” rating and set a $294.00 price target on shares of Union Pacific in a research report on Thursday, June 25th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $289.00 price target (up from $273.00) on shares of Union Pacific in a report on Friday, April 24th. Finally, TD Cowen raised their price objective on Union Pacific from $256.00 to $282.00 and gave the company a “buy” rating in a research report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Union Pacific presently has an average rating of “Moderate Buy” and a consensus price target of $299.11.

Union Pacific Stock Performance

Union Pacific stock opened at $301.44 on Monday. Union Pacific Corporation has a 52 week low of $210.84 and a 52 week high of $303.15. The company has a current ratio of 0.92, a quick ratio of 0.73 and a debt-to-equity ratio of 1.53. The stock has a market cap of $178.96 billion, a P/E ratio of 24.83, a price-to-earnings-growth ratio of 3.16 and a beta of 0.96. The stock has a 50 day moving average of $271.93 and a 200-day moving average of $256.15.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, April 23rd. The railroad operator reported $2.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.86 by $0.07. The firm had revenue of $6.22 billion for the quarter, compared to analysts’ expectations of $6.12 billion. Union Pacific had a net margin of 29.20% and a return on equity of 39.58%. The firm’s quarterly revenue was up 3.2% on a year-over-year basis. During the same period in the prior year, the company posted $2.70 earnings per share. On average, analysts expect that Union Pacific Corporation will post 12.62 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 29th were paid a $1.38 dividend. This represents a $5.52 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Friday, May 29th. Union Pacific’s dividend payout ratio (DPR) is 45.47%.

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.