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

UNP stock opened at $231.00 on Thursday. The business has a 50 day moving average price of $234.49 and a 200 day moving average price of $238.87. The company has a quick ratio of 0.63, a current ratio of 0.77 and a debt-to-equity ratio of 1.79. The stock has a market cap of $140.05 billion, a price-to-earnings ratio of 21.21, a PEG ratio of 2.02 and a beta of 1.06. Union Pacific Co. has a fifty-two week low of $218.55 and a fifty-two week high of $258.66.

Union Pacific (NYSE:UNP) last issued 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). Union Pacific had a return on equity of 41.79% and a net margin of 27.33%. The company had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.14 billion. During the same quarter in the prior year, the firm posted $2.51 EPS. The firm’s quarterly revenue was up 2.5% compared to the same quarter last year. Equities research analysts anticipate that Union Pacific Co. will post 10.95 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 30th. Stockholders of record on Monday, December 9th were given a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a dividend yield of 2.32%. The ex-dividend date of this dividend was Monday, December 9th. Union Pacific’s dividend payout ratio (DPR) is presently 49.22%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Bank of America reduced their price target on shares of Union Pacific from $273.00 to $270.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Susquehanna decreased their target price on Union Pacific from $260.00 to $255.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. Stifel Nicolaus dropped their price target on Union Pacific from $262.00 to $253.00 and set a “buy” rating on the stock in a research note on Thursday. JPMorgan Chase & Co. reduced their price objective on Union Pacific from $263.00 to $252.00 and set a “neutral” rating for the company in a research note on Friday, October 25th. Finally, Robert W. Baird lowered their target price on shares of Union Pacific from $270.00 to $260.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. Nine research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $259.35.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in UNP. Marshall Wace LLP increased its position in Union Pacific by 272.3% during the 2nd quarter. Marshall Wace LLP now owns 1,678,108 shares of the railroad operator’s stock worth $379,689,000 after purchasing an additional 1,227,318 shares during the period. International Assets Investment Management LLC boosted its stake in shares of Union Pacific by 19,878.6% in the third quarter. International Assets Investment Management LLC now owns 896,040 shares of the railroad operator’s stock valued at $220,856,000 after buying an additional 891,555 shares in the last quarter. Franklin Resources Inc. grew its holdings in Union Pacific by 9.3% during the third quarter. Franklin Resources Inc. now owns 7,322,450 shares of the railroad operator’s stock worth $1,795,993,000 after acquiring an additional 625,492 shares during the period. Impax Asset Management Group plc raised its position in Union Pacific by 2,025.4% in the third quarter. Impax Asset Management Group plc now owns 546,236 shares of the railroad operator’s stock worth $134,636,000 after acquiring an additional 520,536 shares in the last quarter. Finally, Jennison Associates LLC lifted its holdings in Union Pacific by 170.9% in the third quarter. Jennison Associates LLC now owns 736,246 shares of the railroad operator’s stock valued at $181,470,000 after acquiring an additional 464,477 shares during the period. 80.38% of the stock is owned by hedge funds and other 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.

About Union Pacific

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.