Rep. Josh Gottheimer Purchases Shares of Union Pacific Co. (NYSE:UNP)

Representative Josh Gottheimer (D-New Jersey) recently bought shares of Union Pacific Co. NYSE: UNP. In a filing disclosed on January 14th, the Representative disclosed that they had bought between $1,001 and $15,000 in Union Pacific stock on December 13th. The trade occurred in the Representative's "MORGAN STANLEY - SELECT UMA ACCOUNT # 1" account.

Representative Josh Gottheimer also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Block NYSE: SQ on 12/30/2024.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 12/30/2024.
• Sold $1,001 - $15,000 in shares of Ambev NYSE: ABEV on 12/27/2024.
• Sold $1,001 - $15,000 in shares of Grupo Financiero Banorte OTCMKTS: GBOOY on 12/27/2024.
• Sold $1,001 - $15,000 in shares of Cadre NYSE: CDRE on 12/27/2024.
• Sold $1,001 - $15,000 in shares of Coloplast A/S OTCMKTS: CLPBY on 12/27/2024.
• Sold $1,001 - $15,000 in shares of Intuitive Surgical NASDAQ: ISRG on 12/23/2024.
• Sold $1,001 - $15,000 in shares of Trane Technologies NYSE: TT on 12/23/2024.
• Purchased $1,001 - $15,000 in shares of Walmart NYSE: WMT on 12/20/2024.
• Sold $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 12/19/2024.

Union Pacific Price Performance

NYSE UNP traded up $4.02 on Thursday, reaching $234.88. The company's stock had a trading volume of 2,296,885 shares, compared to its average volume of 2,378,769. Union Pacific Co. has a 52 week low of $218.55 and a 52 week high of $258.66. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.79. The firm has a market cap of $142.40 billion, a PE ratio of 21.57, a price-to-earnings-growth ratio of 2.02 and a beta of 1.06. The business has a 50-day moving average price of $234.14 and a 200 day moving average price of $238.82.

Union Pacific (NYSE:UNP - Get Free Report) last released its quarterly earnings data on Thursday, October 24th. The railroad operator reported $2.75 earnings per share for the quarter, missing the consensus estimate of $2.78 by ($0.03). The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.14 billion. Union Pacific had a net margin of 27.33% and a return on equity of 41.79%. The company's revenue for the quarter was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.51 earnings per share. Sell-side analysts expect that Union Pacific Co. will post 10.95 EPS for the current year.

Union Pacific Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were issued a dividend of $1.34 per share. This represents a $5.36 dividend on an annualized basis and a dividend yield of 2.28%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific's payout ratio is 49.22%.

Analysts Set New Price Targets

UNP has been the subject of several analyst reports. JPMorgan Chase & Co. cut their price target on shares of Union Pacific from $263.00 to $252.00 and set a "neutral" rating for the company in a report on Friday, October 25th. Barclays increased their target price on Union Pacific from $275.00 to $285.00 and gave the stock an "overweight" rating in a report on Wednesday, November 13th. Citigroup upped their price target on shares of Union Pacific from $255.00 to $267.00 and gave the stock a "neutral" rating in a research report on Tuesday, November 12th. Benchmark restated a "buy" rating and issued a $266.00 price objective on shares of Union Pacific in a research report on Friday, October 25th. Finally, Stifel Nicolaus dropped their target price on shares of Union Pacific from $262.00 to $253.00 and set a "buy" rating for the company in a research note on Thursday. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Union Pacific presently has a consensus rating of "Moderate Buy" and a consensus price target of $259.35.

Institutional Investors Weigh In On Union Pacific

Several large investors have recently modified their holdings of UNP. World Investment Advisors LLC raised its holdings in Union Pacific by 103.1% during the 3rd quarter. World Investment Advisors LLC now owns 35,581 shares of the railroad operator's stock worth $8,770,000 after buying an additional 18,060 shares during the period. Shellback Capital LP raised its holdings in shares of Union Pacific by 28.2% during the second quarter. Shellback Capital LP now owns 20,000 shares of the railroad operator's stock worth $4,525,000 after acquiring an additional 4,400 shares during the period. Peoples Bank KS acquired a new position in Union Pacific in the 3rd quarter worth $834,000. Maj Invest Holding A S increased its holdings in Union Pacific by 0.3% during the 3rd quarter. Maj Invest Holding A S now owns 676,098 shares of the railroad operator's stock worth $166,645,000 after purchasing an additional 2,202 shares in the last quarter. Finally, Pensionfund Sabic increased its holdings in Union Pacific by 61.5% during the 4th quarter. Pensionfund Sabic now owns 10,500 shares of the railroad operator's stock worth $2,394,000 after purchasing an additional 4,000 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey's 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2025. Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey's 5th Congressional District. He declared candidacy for the 2024 election. Gottheimer was first elected to the House in 2016. Prior to his election, Gottheimer worked for Microsoft, the Federal Communications Commission, and for the administration of President Bill Clinton (D). Click here for more information about Gottheimer's career. Gottheimer serves on the House Financial Services Committee, where is a member of three subcommittees. For more on Gottheimer's committee assignments, click here. Gottheimer became a co-chair of the Problem Solvers Caucus in February 2017. Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Union Pacific Company Profile

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.