Union Pacific (NYSE:UNP – Free Report) had its price objective hoisted by BMO Capital Markets from $275.00 to $277.00 in a report issued on Friday,Benzinga reports. They currently have an outperform rating on the railroad operator’s stock.
A number of other analysts have also recently commented on the stock. JPMorgan Chase & Co. dropped their target price on shares of Union Pacific from $263.00 to $252.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Barclays boosted their target price on shares of Union Pacific from $275.00 to $285.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Benchmark restated a “buy” rating and set a $266.00 target price on shares of Union Pacific in a report on Friday, October 25th. Susquehanna dropped their target price on shares of Union Pacific from $260.00 to $255.00 and set a “neutral” rating on the stock in a report on Friday, October 25th. Finally, Stifel Nicolaus upped their price target on shares of Union Pacific from $253.00 to $270.00 and gave the stock a “buy” rating in a research note on Friday. Eight analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $263.30.
View Our Latest Research Report on Union Pacific
Union Pacific Stock Performance
Union Pacific (NYSE:UNP – Get Free Report) last released its quarterly earnings results on Thursday, January 23rd. The railroad operator reported $2.91 earnings per share for the quarter, beating the consensus estimate of $2.76 by $0.15. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. During the same period in the previous year, the company earned $2.71 EPS. As a group, research analysts predict that Union Pacific will post 10.96 EPS for the current year.
Union Pacific Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Monday, December 9th were issued a $1.34 dividend. This represents a $5.36 annualized dividend and a yield of 2.15%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio is 49.22%.
Institutional Investors Weigh In On Union Pacific
Several hedge funds and other institutional investors have recently added to or reduced their stakes in UNP. World Investment Advisors LLC grew its holdings in Union Pacific by 103.1% during the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator’s stock valued at $8,770,000 after buying an additional 18,060 shares in the last quarter. Shellback Capital LP grew its holdings in Union Pacific by 28.2% during the 2nd quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator’s stock valued at $4,525,000 after buying an additional 4,400 shares in the last quarter. Peoples Bank KS purchased a new stake in Union Pacific during the 3rd quarter valued at approximately $834,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of Union Pacific by 2.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 179,925 shares of the railroad operator’s stock valued at $44,348,000 after acquiring an additional 4,939 shares during the last quarter. Finally, Maj Invest Holding A S boosted its position in shares of Union Pacific by 0.3% during the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator’s stock valued at $166,645,000 after acquiring an additional 2,202 shares during the last quarter. 80.38% of the stock is owned by hedge funds and other institutional investors.
Union Pacific Company Profile
Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.
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