Weekly Investment Analysts’ Ratings Updates for Union Pacific (UNP)

A number of firms have modified their ratings and price targets on shares of Union Pacific (NYSE: UNP) recently:

• 7/27/2026 – Union Pacific had its price target raised by Robert W. Baird from $311.00 to $344.00. They now have an “outperform” rating on the stock.
• 7/24/2026 – Union Pacific was upgraded by Weiss Ratings from “buy (b-)” to “buy (b)”.
• 7/24/2026 – Union Pacific had its “outperform” rating reaffirmed by Royal Bank Of Canada. They now have a $339.00 price target on the stock, up from $289.00.
• 7/24/2026 – Union Pacific had its “neutral” rating reaffirmed by UBS Group AG. They now have a $310.00 price target on the stock, up from $286.00.
• 7/24/2026 – Union Pacific had its “buy” rating reaffirmed by TD Cowen. They now have a $325.00 price target on the stock, up from $282.00.
• 7/24/2026 – Union Pacific had its “market perform” rating reaffirmed by BMO Capital Markets. They now have a $320.00 price target on the stock, up from $285.00.
• 7/24/2026 – Union Pacific had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $335.00 price target on the stock, up from $315.00.
• 7/24/2026 – Union Pacific had its “overweight” rating reaffirmed by Barclays PLC. They now have a $350.00 price target on the stock, up from $315.00.
• 7/24/2026 – Union Pacific had its price target raised by Citigroup Inc. from $326.00 to $349.00. They now have a “buy” rating on the stock.
• 7/24/2026 – Union Pacific had its price target raised by JPMorgan Chase & Co. from $304.00 to $334.00. They now have a “neutral” rating on the stock.
• 7/24/2026 – Union Pacific had its price target raised by Benchmark Co. from $325.00 to $335.00. They now have a “buy” rating on the stock.
• 7/23/2026 – Union Pacific was given a new $317.00 price target by The Goldman Sachs Group, Inc.. They now have a “neutral” rating on the stock.
• 7/23/2026 – Union Pacific had its price target raised by Bank of America Corporation from $301.00 to $334.00. They now have a “buy” rating on the stock.
• 7/15/2026 – Union Pacific had its “buy” rating reaffirmed by Benchmark Co.. They now have a $325.00 price target on the stock, up from $300.00.
• 7/15/2026 – Union Pacific is now covered by Citigroup Inc.. They set an “outperform” rating on the stock.
• 7/15/2026 – Union Pacific is now covered by Citizens Jmp. They set an “outperform” rating and a $350.00 price target on the stock.
• 7/14/2026 – Union Pacific had its price target raised by Susquehanna from $305.00 to $333.00. They now have a “positive” rating on the stock.
• 7/13/2026 – Union Pacific had its “strong-buy” rating reaffirmed by Raymond James Financial, Inc..
• 7/13/2026 – Union Pacific had its price target raised by Raymond James Financial, Inc. from $310.00 to $363.00. They now have a “strong-buy” rating on the stock.
• 7/10/2026 – Union Pacific had its price target raised by JPMorgan Chase & Co. from $275.00 to $304.00. They now have a “neutral” rating on the stock.
• 7/9/2026 – Union Pacific had its “buy” rating reaffirmed by Citigroup Inc.. They now have a $326.00 price target on the stock, up from $307.00.
• 7/8/2026 – Union Pacific was upgraded by Stephens to “strong-buy”.
• 7/8/2026 – Union Pacific had its price target raised by Wells Fargo & Company from $300.00 to $315.00. They now have an “overweight” rating on the stock.
• 6/25/2026 – Union Pacific had its “outperform” rating reaffirmed by Evercore Inc. They now have a $294.00 price target on the stock.
• 6/23/2026 – Union Pacific was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
• 6/5/2026 – Union Pacific had its “positive” rating reaffirmed by Susquehanna. They now have a $305.00 price target on the stock.

Union Pacific Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, August 31st will be given a $1.42 dividend. This represents a $5.68 dividend on an annualized basis and a yield of 1.9%. This is a positive change from Union Pacific’s previous quarterly dividend of $1.38. The ex-dividend date is Monday, August 31st. Union Pacific’s payout ratio is currently 45.99%.

Insiders Place Their Bets

In other Union Pacific news, EVP Eric J. Gehringer sold 2,991 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $263.96, for a total transaction of $789,504.36. Following the completion of the transaction, the executive vice president directly owned 43,012 shares of the company’s stock, valued at approximately $11,353,447.52. This trade represents a 6.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.22% of the stock is owned by company insiders.

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.