Freestone Grove Partners LP Buys Shares of 14,564 Union Pacific Corporation $UNP

Freestone Grove Partners LP purchased a new position in Union Pacific Corporation (NYSE:UNP) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 14,564 shares of the railroad operator’s stock, valued at approximately $3,961,000.

Several other institutional investors have also modified their holdings of the business. Tucker Asset Management LLC acquired a new stake in Union Pacific during the 4th quarter worth approximately $25,000. SWAN Capital LLC lifted its stake in Union Pacific by 2,575.0% in the 4th quarter. SWAN Capital LLC now owns 107 shares of the railroad operator’s stock valued at $25,000 after acquiring an additional 103 shares in the last quarter. Cornerstone Financial Management LLC acquired a new position in Union Pacific during the 4th quarter worth approximately $27,000. Scarborough Advisors LLC acquired a new position in Union Pacific during the 1st quarter worth approximately $27,000. Finally, Merkkuri Wealth Advisors LLC bought a new position in shares of Union Pacific during the 1st quarter worth approximately $29,000. Institutional investors own 80.38% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on UNP shares. Citizens Jmp initiated coverage on shares of Union Pacific in a research note on Wednesday, July 15th. They issued an “outperform” rating and a $350.00 price target on the stock. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 24th. Stephens raised Union Pacific to a “strong-buy” rating in a research report on Wednesday, July 8th. Citigroup upped their target price on Union Pacific from $326.00 to $349.00 and gave the stock a “buy” rating in a report on Friday, July 24th. Finally, Raymond James Financial reissued a “strong-buy” rating on shares of Union Pacific in a research report on Monday, July 13th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $320.89.

Union Pacific Trading Up 0.0%

Shares of NYSE:UNP opened at $307.82 on Friday. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $315.99. The company has a market capitalization of $182.87 billion, a P/E ratio of 24.92, a price-to-earnings-growth ratio of 3.12 and a beta of 0.96. The company has a 50-day simple moving average of $291.07 and a 200 day simple moving average of $269.81. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 EPS for the quarter, topping 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%.Union Pacific’s quarterly revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the company posted $3.03 earnings per share. Sell-side analysts forecast that Union Pacific Corporation will post 13.01 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be issued a dividend of $1.42 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $5.68 annualized dividend and a yield of 1.8%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s payout ratio 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 dated Wednesday, June 3rd. The shares were sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the sale, the executive vice president 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 sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.22% of the company’s stock.

More 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

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.