Axxcess Wealth Management LLC Sells 8,221 Shares of Union Pacific Corporation $UNP

Key Points

• Axxcess Wealth Management cut its Union Pacific position by 47.3% in the third quarter, selling 8,221 shares and retaining 9,142 shares valued at approximately $2.49 million.
• Union Pacific reported quarterly EPS of $3.53 and revenue of $7.20 billion, beating analyst expectations, while revenue increased 15.3% year over year. The company also raised its quarterly dividend to $1.42 per share.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $325 price target; institutional investors and hedge funds collectively own 80.38% of the stock.

Axxcess Wealth Management LLC decreased its holdings in Union Pacific Corporation (NYSE:UNP - Free Report) by 47.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,142 shares of the railroad operator's stock after selling 8,221 shares during the quarter. Axxcess Wealth Management LLC's holdings in Union Pacific were worth $2,487,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of UNP. BNP Paribas grew its position in Union Pacific by 21.5% in the second quarter. BNP Paribas now owns 60,465 shares of the railroad operator's stock worth $16,454,000 after buying an additional 10,706 shares during the last quarter. QRG Capital Management Inc. increased its holdings in shares of Union Pacific by 9.4% in the second quarter. QRG Capital Management Inc. now owns 102,949 shares of the railroad operator's stock valued at $28,002,000 after buying an additional 8,842 shares in the last quarter. Eastern Bank lifted its position in shares of Union Pacific by 2.6% during the 3rd quarter. Eastern Bank now owns 214,567 shares of the railroad operator's stock valued at $58,390,000 after acquiring an additional 5,380 shares during the last quarter. KBC Group NV lifted its position in shares of Union Pacific by 17.7% during the 2nd quarter. KBC Group NV now owns 108,489 shares of the railroad operator's stock valued at $29,509,000 after acquiring an additional 16,295 shares during the last quarter. Finally, Axiom Investment Management LLC acquired a new stake in shares of Union Pacific during the 1st quarter valued at $9,151,000. 80.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

UNP has been the subject of several research reports. The Goldman Sachs Group set a $317.00 price objective on Union Pacific and gave the stock a "neutral" rating in a research note on Thursday, July 23rd. Royal Bank Of Canada set a $326.00 target price on Union Pacific in a research report on Thursday, September 24th. Raymond James Financial set a $350.00 target price on Union Pacific in a research report on Thursday, October 15th. UBS Group raised Union Pacific from a "neutral" rating to a "buy" rating and upped their target price for the company from $310.00 to $339.00 in a report on Wednesday, September 16th. Finally, Citizens Jmp started coverage on Union Pacific in a research report on Wednesday, July 15th. They issued an "outperform" rating and a $350.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $325.00.

Union Pacific Stock Up 3.5%

Shares of NYSE:UNP opened at $298.08 on Friday. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99. The company has a market cap of $177.08 billion, a PE ratio of 23.44, a price-to-earnings-growth ratio of 2.86 and a beta of 0.95. Union Pacific Corporation has a 52 week low of $215.53 and a 52 week high of $315.99. The firm has a 50 day simple moving average of $287.41 and a 200 day simple moving average of $278.18.

Union Pacific (NYSE:UNP - Get Free Report) last posted its quarterly earnings data on Thursday, October 22nd. The railroad operator reported $3.53 EPS for the quarter, topping analysts' consensus estimates of $3.47 by $0.06. Union Pacific had a net margin of 28.85% and a return on equity of 38.46%. The firm had revenue of $7.20 billion during the quarter, compared to analyst estimates of $7.16 billion. During the same quarter last year, the business posted $3.08 EPS. The company's revenue was up 15.3% on a year-over-year basis. As a group, research analysts expect that Union Pacific Corporation will post 13.05 earnings per share for the current year.

Union Pacific Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Stockholders of record on Monday, August 31st were issued a $1.42 dividend. 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 dividend on an annualized basis and a dividend yield of 1.9%. Union Pacific's dividend payout ratio is currently 45.99%.

Key Headlines Impacting Union Pacific

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

• Positive Sentiment: Q3 earnings and revenue beat expectations. Union Pacific reported adjusted EPS of $3.53 versus the $3.47 consensus and revenue of approximately $7.20 billion versus estimates of $7.16 billion. Reported net income rose 16% to $2.1 billion, while reported EPS increased 16% to $3.49. Union Pacific Reports Third Quarter 2026 Results
• Positive Sentiment: Freight volumes and pricing drove record results. Volume increased about 6%, while core pricing, fuel-surcharge revenue and productivity gains more than offset higher fuel, labor and inflation-related costs. The performance reflects improving freight demand and customers shifting more cargo from trucks to rail. US railroad operator Union Pacific's quarterly profit rises
• Positive Sentiment: Management maintained its growth outlook. Union Pacific affirmed expectations for reported 2026 EPS growth in the high-single-digit range and raised planned 2026 capital spending to $3.5 billion, signaling confidence in demand and investment in network capacity and operations. Union Pacific affirms 2026 EPS growth outlook
• Positive Sentiment: The proposed Norfolk Southern combination remains a potential long-term catalyst. CEO Vincenzo Vena said he is highly confident the mega-merger will receive regulatory approval, although approval is not yet assured. Union Pacific CEO discusses merger approval
• Neutral Sentiment: Analyst Stephens raised its Union Pacific price target to $352 from $340, reinforcing positive sentiment after the earnings beat. Stephens raises Union Pacific price target
• Negative Sentiment: Chief Financial Officer Jennifer Hamann plans to retire after 35 years with the company. The transition creates some execution and capital-allocation uncertainty, particularly as Union Pacific pursues the proposed merger. Union Pacific CFO Jennifer Hamann to retire

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.

Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.