Union Pacific Corporation (UNP)

In the past six months, Union Pacific's stock price has experienced various influences, with a slight decline of 1.70% from June 24, 2024, to June 20, 2025. Analyst actions included upgrades from Susquehanna, Redburn Atlantic, and Citigroup, and downgrades from Goldman Sachs and Loop Capital. Union Pacific reported its first-quarter 2025 results, with net income of $1.6 billion, or $2.70 per diluted share, slightly below the consensus forecast. The company announced a planned US$3.4 billion infrastructure investment for 2025. Union Pacific's stock saw a significant rise following the announcement of its 11th annual customer satisfaction award from Exelon Corp. The company declared quarterly dividends of $1.34 per share, payable in December 2024 and June 2025.

The railroad business is generally cyclical, with economic expansion boosting freight services and economic stagnation dampening transportation demand. Agricultural and food products have specific growing and harvesting seasons that influence their transportation demand. However, recent market dynamics may be altering typical seasonal patterns, making it harder to understand normal seasonality.

Union Pacific Corporation is a prominent freight transportation company in the United States, operating as a publicly traded railroad holding company. Its primary subsidiary is Union Pacific Railroad Company. The company's core business revolves around providing safe, reliable, and efficient freight services across a vast geographic area. Union Pacific's diversified business mix includes agricultural products, energy, industrial products, and premium segments.

Union Pacific operates one of the largest railroad networks in North America, spanning over 30,000 miles of track across 23 states in the western two-thirds of the United States. The company connects major markets and facilitates the movement of goods across the country. It operates from major West Coast and Gulf Coast ports to eastern gateways and connects with Canada's rail systems. Union Pacific is also the only railroad serving all six major Mexico gateways, historically deriving approximately 10% of its revenue from hauling freight to and from Mexico.

In the past year, Union Pacific has maintained a strong brand reputation, evidenced by recognitions in Fortune's World's Most Admired Companies and safety recognitions for chemical transportation. The company was also recognized for its sustainability efforts and commitment to diversity, equity, and inclusion. However, Union Pacific has faced environmental claims, antitrust litigation, and financial disputes, which pose financial and reputational risks.

Union Pacific Corp. is heavily dominated by institutional owners, holding approximately 80.07% to 82.93% of the shares. Retail investors hold about 18.59% of the stock, while Union Pacific insiders own around 1.35%. Major institutional owners include Vanguard Group Inc., BlackRock, Inc., and State Street Corp. While institutional ownership is dominant, no single institutional shareholder holds a majority.