72,110 Union Pacific Corporation $UNP Shares Purchased by Norris Perne & French LLP MI

Norris Perne & French LLP MI boosted its position in Union Pacific Corporation (NYSE:UNP) by 120.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 132,209 shares of the railroad operator’s stock after buying an additional 72,110 shares during the quarter. Union Pacific accounts for approximately 1.6% of Norris Perne & French LLP MI’s holdings, making the stock its 18th biggest holding. Norris Perne & French LLP MI’s holdings in Union Pacific were worth $35,978,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. State Street Corp increased its position in shares of Union Pacific by 4.9% during the second quarter. State Street Corp now owns 27,890,598 shares of the railroad operator’s stock worth $7,586,243,000 after acquiring an additional 1,302,732 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Union Pacific by 0.4% in the second quarter. Bank of America Corp DE now owns 14,527,563 shares of the railroad operator’s stock worth $3,951,497,000 after acquiring an additional 64,492 shares in the last quarter. Royal Bank of Canada boosted its holdings in Union Pacific by 0.5% in the first quarter. Royal Bank of Canada now owns 4,617,313 shares of the railroad operator’s stock valued at $1,120,251,000 after purchasing an additional 23,698 shares during the last quarter. Legal & General Group Plc purchased a new position in Union Pacific in the second quarter valued at about $1,193,135,000. Finally, Canada Pension Plan Investment Board purchased a new position in Union Pacific in the second quarter valued at about $1,094,677,000. 80.38% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Weiss Ratings upgraded Union Pacific from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. The Goldman Sachs Group set a $317.00 target price on Union Pacific and gave the company a “neutral” rating in a research report on Thursday, July 23rd. Citizens Jmp began coverage on Union Pacific in a research note on Wednesday, July 15th. They set an “outperform” rating and a $350.00 target price for the company. Bank of America raised their price target on shares of Union Pacific from $301.00 to $334.00 and gave the stock a “buy” rating in a research report on Thursday, July 23rd. Finally, Citigroup restated a “market outperform” rating on shares of Union Pacific in a research note on Friday. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $325.78.

Union Pacific News Roundup

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 Stock Performance

Shares of Union Pacific stock opened at $292.85 on Friday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.82 and a current ratio of 1.16. Union Pacific Corporation has a 1 year low of $215.53 and a 1 year high of $315.99. The firm’s 50-day simple moving average is $287.40 and its 200-day simple moving average is $278.28. The firm has a market cap of $173.97 billion, a PE ratio of 22.83, a price-to-earnings-growth ratio of 2.90 and a beta of 0.95.

Union Pacific (NYSE:UNP) last posted its quarterly earnings results on Thursday, October 22nd. The railroad operator reported $3.53 EPS for the quarter, topping analysts’ consensus estimates of $3.47 by $0.06. The business had revenue of $7.20 billion during the quarter, compared to the consensus estimate of $7.16 billion. Union Pacific had a return on equity of 37.54% and a net margin of 28.90%. The company’s revenue for the quarter was up 15.3% compared to the same quarter last year. During the same period last year, the firm earned $3.08 earnings per share. Equities analysts forecast that Union Pacific Corporation will post 13.13 earnings per share for the current fiscal year.

Union Pacific Increases Dividend

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

About Union Pacific

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.