Fintel reports that on June 7, 2024, Wells Fargo initiated coverage of Union Pacific (NYSE:UNP) with a Overweight recommendation.
Analyst Price Forecast Suggests 19.83% Upside
As of June 1, 2024, the average one-year price target for Union Pacific is 273.18. The forecasts range from a low of 212.10 to a high of $304.50. The average price target represents an increase of 19.83% from its latest reported closing price of 227.98.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Union Pacific is 26,416MM, an increase of 9.64%. The projected annual non-GAAP EPS is 13.02.
What is the Fund Sentiment?
There are 3,727 funds or institutions reporting positions in Union Pacific. This is an increase of 17 owner(s) or 0.46% in the last quarter. Average portfolio weight of all funds dedicated to UNP is 0.53%, an increase of 6.85%. Total shares owned by institutions decreased in the last three months by 2.28% to 550,333K shares. 
The put/call ratio of UNP is 0.81, indicating a bullish outlook.
What are Other Shareholders Doing?
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 19,177K shares representing 3.14% ownership of the company. In its prior filing, the firm reported owning 19,124K shares , representing an increase of 0.27%. The firm decreased its portfolio allocation in UNP by 8.47% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 15,367K shares representing 2.52% ownership of the company. In its prior filing, the firm reported owning 14,892K shares , representing an increase of 3.09%. The firm decreased its portfolio allocation in UNP by 8.90% over the last quarter.
Bank Of America holds 14,144K shares representing 2.32% ownership of the company. In its prior filing, the firm reported owning 13,790K shares , representing an increase of 2.50%. The firm decreased its portfolio allocation in UNP by 75.54% over the last quarter.
Geode Capital Management holds 12,223K shares representing 2.00% ownership of the company. In its prior filing, the firm reported owning 11,860K shares , representing an increase of 2.97%. The firm decreased its portfolio allocation in UNP by 8.74% over the last quarter.
Capital International Investors holds 10,742K shares representing 1.76% ownership of the company. In its prior filing, the firm reported owning 14,185K shares , representing a decrease of 32.04%. The firm decreased its portfolio allocation in UNP by 31.51% over the last quarter.
Union Pacific Background Information
(This description is provided by the company.)
Union Pacific delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations.
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