Union Pacific (NYSE:UNP) Stock Gets Price Target Trim from JPMorgan Chase & Co.

Union Pacific (NYSE:UNP) had its price objective trimmed by JPMorgan Chase & Co. from $322.00 to $321.00 in a report published on Friday,Benzinga reports. The firm currently has a neutral rating on the railroad operator’s stock.

UNP has been the subject of a number of other reports. Stephens upgraded Union Pacific to a “strong-buy” rating in a research report on Wednesday, July 8th. TD Cowen reissued a “buy” rating and issued a $328.00 price objective (up from $325.00) on shares of Union Pacific in a research note on Friday. Barclays restated an “overweight” rating and issued a $350.00 target price (up from $315.00) on shares of Union Pacific in a research report on Friday, July 24th. Bank of America boosted their price target on Union Pacific from $301.00 to $334.00 and gave the stock a “buy” rating in a report on Thursday, July 23rd. Finally, Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 9th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $325.78.

Union Pacific Price Performance

NYSE:UNP opened at $292.85 on Friday. Union Pacific has a 52 week low of $215.53 and a 52 week high of $315.99. The firm has a market cap of $174.02 billion, a price-to-earnings ratio of 22.83, a P/E/G ratio of 2.89 and a beta of 0.95. The firm’s 50-day simple moving average is $287.40 and its 200 day simple moving average is $278.51. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.99 and a current ratio of 1.16.

Union Pacific (NYSE:UNP) last issued its quarterly earnings data on Thursday, October 22nd. The railroad operator reported $3.53 earnings per share for the quarter, topping the consensus estimate of $3.47 by $0.06. The business had revenue of $7.20 billion during the quarter, compared to analysts’ expectations of $7.16 billion. Union Pacific had a net margin of 28.90% and a return on equity of 37.54%. The business’s revenue was up 15.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.08 EPS. As a group, sell-side analysts predict that Union Pacific will post 13.13 earnings per share for the current year.

Union Pacific Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st were paid a $1.42 dividend. This represents a $5.68 annualized dividend and a yield of 1.9%. This is an increase from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date of this dividend was Monday, August 31st. Union Pacific’s payout ratio is presently 44.27%.

Hedge Funds Weigh In On Union Pacific

Institutional investors and hedge funds have recently made changes to their positions in the stock. State Street Corp grew its stake in shares of Union Pacific by 4.9% in the 2nd quarter. State Street Corp now owns 27,890,598 shares of the railroad operator’s stock valued at $7,586,243,000 after buying an additional 1,302,732 shares during the period. Bank of America Corp DE increased its position in Union Pacific by 0.4% in the 2nd quarter. Bank of America Corp DE now owns 14,527,563 shares of the railroad operator’s stock valued at $3,951,497,000 after buying an additional 64,492 shares in the last quarter. Royal Bank of Canada raised its stake in Union Pacific by 0.5% during the 1st quarter. Royal Bank of Canada now owns 4,617,313 shares of the railroad operator’s stock worth $1,120,251,000 after buying an additional 23,698 shares during the period. Legal & General Group Plc acquired a new position in Union Pacific during the 2nd quarter worth approximately $1,193,135,000. Finally, Canada Pension Plan Investment Board acquired a new stake in Union Pacific in the second quarter valued at approximately $1,094,677,000. Institutional investors own 80.38% of the company’s stock.

Key Stories Impacting Union Pacific

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

• Positive Sentiment: Q3 earnings exceeded expectations: Union Pacific reported adjusted EPS of $3.53 versus the $3.47 consensus and revenue of $7.20 billion versus $7.16 billion expected. Adjusted profit rose 15% year over year, supported by 6% volume growth, pricing gains, fuel surcharges and improved productivity despite higher costs. Reuters: US railroad operator Union Pacific’s quarterly profit rises
• Positive Sentiment: Management maintained its outlook: The railroad reaffirmed expectations for high-single-digit reported EPS growth in 2026 and raised planned 2026 capital expenditures to approximately $3.5 billion, signaling confidence in demand and network investment. Union Pacific affirms 2026 EPS growth outlook
• Positive Sentiment: Analyst support increased: Citigroup raised its price target to $348 and kept a Buy rating, while Stephens lifted its target to $352. StoneX also reiterated its Buy recommendation. Analyst forecasts after Union Pacific Q3 results
• Neutral Sentiment: The Norfolk Southern merger remains a major catalyst: CEO confidence that regulators will approve the transaction supports the long-term growth case, but the proposed deal still requires regulatory review and could create execution and integration risks. Union Pacific CEO merger comments
• Negative Sentiment: Shareholder returns and leadership face pressure: Higher merger-related investment and $3.5 billion of capital spending may limit near-term cash available for dividends, while CFO Jennifer Hamann’s planned retirement after 35 years adds a transition risk. JPMorgan lowered its price target to $321 and maintained a Neutral rating. Union Pacific CFO retirement

Union Pacific Company Profile

Union Pacific Corporation (NYSE: UNP) is a transportation company that operates one of the largest freight railroad networks in the United States. Through its Union Pacific Railroad subsidiary, the company moves goods across the western two-thirds of the country, connecting major agricultural, industrial, energy, population and port markets.

Union Pacific transports a broad range of commodities and products, including agricultural goods, automotive shipments, chemicals, coal, industrial products, forest products and intermodal containers.