EdgePoint Investment Group Inc. Sells 477,320 Shares of Union Pacific Corporation $UNP

EdgePoint Investment Group Inc. cut its holdings in shares of Union Pacific Corporation (NYSE:UNP) by 18.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 2,168,586 shares of the railroad operator’s stock after selling 477,320 shares during the quarter. Union Pacific comprises 4.2% of EdgePoint Investment Group Inc.’s portfolio, making the stock its 11th largest holding. EdgePoint Investment Group Inc.’s holdings in Union Pacific were worth $526,142,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Key Financial Inc increased its position in Union Pacific by 2.1% during the 1st quarter. Key Financial Inc now owns 1,821 shares of the railroad operator’s stock valued at $442,000 after purchasing an additional 38 shares during the period. Members Trust Co boosted its stake in shares of Union Pacific by 2.5% during the 1st quarter. Members Trust Co now owns 1,573 shares of the railroad operator’s stock valued at $382,000 after purchasing an additional 38 shares in the last quarter. EJMK Ventures LLC boosted its stake in shares of Union Pacific by 4.0% during the 1st quarter. EJMK Ventures LLC now owns 1,016 shares of the railroad operator’s stock valued at $247,000 after purchasing an additional 39 shares in the last quarter. Rehmann Capital Advisory Group increased its position in shares of Union Pacific by 0.6% during the fourth quarter. Rehmann Capital Advisory Group now owns 6,637 shares of the railroad operator’s stock valued at $1,535,000 after buying an additional 42 shares during the period. Finally, Fairvoy Private Wealth LLC increased its position in shares of Union Pacific by 3.8% during the first quarter. Fairvoy Private Wealth LLC now owns 1,156 shares of the railroad operator’s stock valued at $280,000 after buying an additional 42 shares during the period. Institutional investors own 80.38% of the company’s stock.

Union Pacific News Roundup

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

• Positive Sentiment: Merger application strengthened: Union Pacific and Norfolk Southern submitted supplemental information to the Surface Transportation Board, adding customer protections including expanded gateway pricing and assurances aimed at delivering faster, more reliable service. The commitments could improve the merger’s regulatory prospects, although approval remains pending. Union Pacific, Norfolk Southern File Supplemental Information to STB on Merger
• Positive Sentiment: Canadian National support reduces opposition risk: Canadian National reportedly will not challenge the Union Pacific–Norfolk Southern transaction under a revised arrangement that would give it access to certain shipper sites. This may remove a potential obstacle before the STB review. Canadian National won’t fight UP-NS merger under new deal
• Positive Sentiment: More bullish valuation outlook: Robert W. Baird raised its UNP price target to $344 from $311 and reiterated an “outperform” rating. Other recent coverage remains broadly favorable, including a consensus “moderate buy” recommendation and a higher $335 target from Benchmark.
• Positive Sentiment: Standalone operating case remains constructive: Recent analysis highlights service-led growth as a potential driver of improved margins and earnings. Union Pacific’s latest quarterly results also exceeded expectations, with revenue growth and earnings above consensus.
• Neutral Sentiment: Options activity signals interest, not certainty: Investors purchased approximately 10,816 UNP call options, about 44% above average volume. The activity may indicate bullish positioning but does not guarantee near-term gains.
• Negative Sentiment: Merger execution remains a risk: The proposed transaction is still subject to STB approval, and the added customer assurances could underscore the regulatory and integration challenges involved. Investors may also be taking profits after UNP approached its 52-week high.

Wall Street Analysts Forecast Growth

UNP has been the subject of several analyst reports. Sanford C. Bernstein increased their target price on shares of Union Pacific from $289.00 to $293.00 and gave the stock an “outperform” rating in a report on Tuesday, March 31st. Weiss Ratings raised shares of Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday. Benchmark increased their price target on Union Pacific from $325.00 to $335.00 and gave the stock a “buy” rating in a research note on Friday. Bank of America boosted their price objective on Union Pacific from $301.00 to $334.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Finally, TD Cowen restated a “buy” rating and issued a $325.00 price target (up from $282.00) on shares of Union Pacific in a research note on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $320.89.

Insider Transactions at Union Pacific

In other 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 in the company, valued at approximately $11,353,447.52. This represents a 6.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.22% of the company’s stock.

Union Pacific Trading Down 2.6%

NYSE:UNP opened at $299.47 on Tuesday. The firm has a 50-day simple moving average of $275.61 and a 200-day simple moving average of $258.97. Union Pacific Corporation has a one year low of $210.84 and a one year high of $315.99. The firm has a market cap of $177.91 billion, a P/E ratio of 24.25, a P/E/G ratio of 3.16 and a beta of 0.96. 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 announced its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share for the quarter, topping the consensus estimate of $3.26 by $0.15. The company had revenue of $6.86 billion for the quarter, compared to the consensus estimate of $6.72 billion. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same period last year, the firm earned $3.03 EPS. Equities analysts anticipate that Union Pacific Corporation will post 12.84 EPS for the current fiscal year.

Union Pacific Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Friday, May 29th were given a dividend of $1.38 per share. This represents a $5.52 annualized dividend and a yield of 1.8%. The ex-dividend date was Friday, May 29th. Union Pacific’s dividend payout ratio (DPR) is currently 44.70%.

Union Pacific Profile

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.