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Financial Synergies Wealth Advisors Inc. Acquires New Stake in Union Pacific Corporation $UNP

Union Pacific logo with Transportation background

Key Points

  • Financial Synergies Wealth Advisors Inc. acquired a new stake in Union Pacific Corporation, purchasing 1,578 shares valued at approximately $363,000 during the 2nd quarter.
  • Major hedge funds and institutional investors own around 80.38% of Union Pacific's stock, indicating high institutional interest in the company.
  • Analysts have mixed opinions on Union Pacific's stock, with price targets adjusted between $215.00 and $285.00, and an average price target of $261.58.
  • Five stocks to consider instead of Union Pacific.

Financial Synergies Wealth Advisors Inc. acquired a new stake in Union Pacific Corporation (NYSE:UNP - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 1,578 shares of the railroad operator's stock, valued at approximately $363,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. DeDora Capital Inc. raised its holdings in shares of Union Pacific by 4.1% in the 2nd quarter. DeDora Capital Inc. now owns 10,643 shares of the railroad operator's stock valued at $2,449,000 after buying an additional 424 shares during the period. Gladwyn Financial Advisors Inc. purchased a new stake in Union Pacific during the 2nd quarter worth about $71,000. Schubert & Co increased its holdings in Union Pacific by 1.9% during the 2nd quarter. Schubert & Co now owns 2,511 shares of the railroad operator's stock worth $578,000 after purchasing an additional 47 shares during the period. Koshinski Asset Management Inc. increased its holdings in Union Pacific by 6.7% during the 2nd quarter. Koshinski Asset Management Inc. now owns 5,871 shares of the railroad operator's stock worth $1,351,000 after purchasing an additional 371 shares during the period. Finally, Citizens Business Bank increased its holdings in Union Pacific by 0.7% during the 2nd quarter. Citizens Business Bank now owns 19,645 shares of the railroad operator's stock worth $4,520,000 after purchasing an additional 131 shares during the period. Hedge funds and other institutional investors own 80.38% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. Morgan Stanley cut their price target on Union Pacific from $220.00 to $215.00 and set an "equal weight" rating on the stock in a report on Monday, July 7th. Argus downgraded Union Pacific from a "buy" rating to a "hold" rating in a report on Tuesday, August 12th. Barclays downgraded Union Pacific from an "overweight" rating to an "equal weight" rating in a report on Wednesday, July 30th. Jefferies Financial Group upgraded Union Pacific from a "hold" rating to a "buy" rating and upped their price target for the stock from $250.00 to $285.00 in a report on Friday, July 25th. Finally, Citigroup restated a "buy" rating and set a $263.00 price target (up previously from $251.00) on shares of Union Pacific in a report on Monday, October 13th. One analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $261.58.

Get Our Latest Stock Analysis on UNP

Union Pacific Trading Up 0.9%

UNP opened at $225.98 on Friday. Union Pacific Corporation has a one year low of $204.66 and a one year high of $256.84. The company has a market cap of $134.03 billion, a P/E ratio of 19.63, a PEG ratio of 2.35 and a beta of 1.07. The company has a debt-to-equity ratio of 1.86, a quick ratio of 0.53 and a current ratio of 0.65. The business's 50-day simple moving average is $224.71 and its 200-day simple moving average is $224.02.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings data on Thursday, July 24th. The railroad operator reported $3.03 EPS for the quarter, beating analysts' consensus estimates of $2.84 by $0.19. Union Pacific had a return on equity of 41.73% and a net margin of 28.43%.The business had revenue of $6.15 billion for the quarter, compared to the consensus estimate of $6.09 billion. During the same quarter in the prior year, the business posted $2.74 EPS. The business's revenue for the quarter was up 2.4% on a year-over-year basis. As a group, equities research analysts expect that Union Pacific Corporation will post 11.99 EPS for the current fiscal year.

About Union Pacific

(Free Report)

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.

Further Reading

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).

Institutional Ownership by Quarter for Union Pacific (NYSE:UNP)

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