Union Pacific Corporation $UNP Shares Sold by iA Global Asset Management Inc.

iA Global Asset Management Inc. trimmed its stake in Union Pacific Corporation (NYSE:UNP) by 28.3% in the first quarter, Holdings Channel.com reports. The firm owned 222,461 shares of the railroad operator’s stock after selling 88,003 shares during the quarter. iA Global Asset Management Inc.’s holdings in Union Pacific were worth $53,973,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of UNP. Acadian Asset Management LLC grew its position in Union Pacific by 40.4% during the first quarter. Acadian Asset Management LLC now owns 2,312 shares of the railroad operator’s stock valued at $546,000 after acquiring an additional 665 shares during the period. Schnieders Capital Management LLC. grew its holdings in shares of 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 during the period. Main Street Financial Solutions LLC increased its position in Union Pacific by 1.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 3,733 shares of the railroad operator’s stock worth $859,000 after purchasing an additional 58 shares in the last quarter. 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. Institutional investors and hedge funds own 80.38% of the company’s stock.

Insiders Place Their Bets

In other news, EVP Eric J. Gehringer sold 2,991 shares of the firm’s stock in a transaction dated 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 sale, the executive vice president directly owned 43,012 shares in the company, valued at $11,353,447.52. This trade represents a 6.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Kenyatta G. Rocker sold 27,387 shares of the firm’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $271.76, for a total value of $7,442,691.12. Following the sale, the executive vice president owned 61,102 shares of the company’s stock, valued at $16,605,079.52. This represents a 30.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 32,378 shares of company stock worth $8,781,595 in the last quarter. 0.22% of the stock is owned by corporate insiders.

Union Pacific News Summary

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

• Positive Sentiment: Union Pacific was upgraded to a Zacks Rank #2 (Buy), signaling improved earnings expectations and potentially supporting the stock in the near term. Article: Union Pacific (UNP) Upgraded to Buy: What Does It Mean for the Stock?
• Positive Sentiment: Freight coverage highlighted stronger rail volumes and resilient industrial demand, which suggests underlying operating momentum for Union Pacific and could help investor confidence. Article: How Stronger Rail Volumes and New Presidential Locomotive Will Impact Union Pacific (UNP) Investors
• Positive Sentiment: Maersk shifting Southern California import containers from BNSF to Union Pacific could indicate a meaningful gain in intermodal traffic and a potential boost to future rail volumes. Article: NEW: Maersk shifts SoCal import containers to UP from BNSF
• Neutral Sentiment: Commentary on whether Union Pacific still offers value after a 21% one-year gain is mostly valuation-focused and does not point to a clear near-term catalyst. Article: Union Pacific (UNP) Stock After 21% Year Return Is There Still Value Here
• Neutral Sentiment: Coverage comparing Union Pacific with other transportation stocks is informational and mainly helps frame relative performance rather than providing a direct stock-moving catalyst. Article: Is Union Pacific (UNP) Outperforming Other Transportation Stocks This Year?
• Neutral Sentiment: Articles about the new commemorative locomotive hauling NASA rocket parts are more of a publicity item than a fundamental driver for earnings or valuation. Article: Union Pacific (UNP) Just Hauled NASA Moon Rocket Parts on a Locomotive Dedicated to Donald Trump
• Neutral Sentiment: Dividend-focused coverage suggests Union Pacific may appeal to income investors, but it does not appear to be driving a major shift in the stock today. Article: Union Pacific (UNP) Could Be a Great Choice

Union Pacific Stock Down 0.3%

Shares of NYSE:UNP opened at $271.94 on Wednesday. The company has a market capitalization of $161.45 billion, a price-to-earnings ratio of 22.40, a price-to-earnings-growth ratio of 2.87 and a beta of 0.97. The company has a 50 day moving average of $265.89 and a two-hundred day moving average of $251.47. Union Pacific Corporation has a 52-week low of $210.84 and a 52-week high of $279.70. The company has a quick ratio of 0.73, a current ratio of 0.92 and a debt-to-equity ratio of 1.53.

Union Pacific (NYSE:UNP) last posted its earnings results on Thursday, April 23rd. The railroad operator reported $2.93 EPS for the quarter, topping analysts’ consensus estimates of $2.86 by $0.07. The business 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 business’s revenue for the quarter was up 3.2% compared to the same quarter last year. During the same period in the previous year, the company posted $2.70 earnings per share. As a group, analysts forecast that Union Pacific Corporation will post 12.55 earnings per share for the current fiscal year.

Union Pacific Announces Dividend

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 dividend of $1.38 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $5.52 annualized dividend and a yield of 2.0%. Union Pacific’s payout ratio is 45.47%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the stock. Sanford C. Bernstein increased their price objective on shares of Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 31st. Citigroup restated a “buy” rating and set a $307.00 target price (up from $285.00) on shares of Union Pacific in a report on Friday, April 24th. TD Cowen upped their price target on shares of Union Pacific from $256.00 to $282.00 and gave the stock a “buy” rating in a research report on Friday, April 24th. Barclays reiterated an “overweight” rating and issued a $315.00 price target (up from $285.00) on shares of Union Pacific in a report on Friday, April 24th. Finally, Weiss Ratings lowered Union Pacific from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 23rd. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, Union Pacific currently has a consensus rating of “Moderate Buy” and a consensus price target of $283.11.

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.