Union Pacific Corp (UNP) has seen a fluctuation in its stock price, but still manages to outperform the market. Their Q2 2024 earnings report showcased a GAAP EPS of $2.74. While their earnings estimate was surpassed, sales lagged and revenue estimates missed. Additions to the stock holdings were made by
Kestra Advisory Services LLC and
Capital Group Private Client Services Inc.
Natixis and
National Bank of Canada FI trimmed their holdings, while shares were also sold by
CANADA LIFE ASSURANCE Co. UNP's profitability was deemed insulated by higher shipping cost and increased volumes. Despite some price target reductions by analysts,
Union Pacific Corp's five-year total shareholder returns outpaced their underlying earnings growth, signaling strong long-term performance. Looking forward, an uncertain volume outlook is projected for the second half. A dividend increase of 3% was announced for Q3 2024, indicative of their strong financial stance. Institutionally held by 80%-82%, the corporation's movements and decisions are heavily influenced by these shareholders.
Union Pacific Corp UNP News Analytics from Thu, 19 Oct 2023 07:00:00 GMT to Sun, 28 Jul 2024 21:48:04 GMT -
Rating 6
- Innovation 0
- Information 8
- Rumor -4
