Short interest for Union Pacific gives investors a sense of the degree to which investors are betting on the decline of Union Pacific's stock. Short interest data is updated every two weeks.

Union Pacific Stock (NYSE:UNP), Short Interest Report

Union Pacific

Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two thirds of the US, UP generated $24 billion of revenue in 2023 by hauling coal, industrial products, intermodal containers, agriculture goods, chemicals, fertilizers, and automotive goods. UP owns about one fourth of Mexican railroad Ferromex and historically derives roughly 10% of its revenue hauling freight to and from Mexico.

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This story has been updated to include a comment from Union Pacific.

Federal Suit Alleges AI System Injured Union Pacific Employee

Union Pacific UNP Stock

Earnings

Movers

Union Pacific reported quarterly earnings of $2.69 per share which beat the analyst consensus estimate of $2.52 by 6.75%. The company reported quarterly sales of $6 billion, beating the analyst consensus estimate of $5.98 billion by 0.26%. 

Union Pacific Stock Is Up After Q1 Results: Here&#39;s Why

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Wall Street suffers a double blow in Thursday’s session, as softer-than-expected revenue forecasts from Meta Platforms Inc. (NASDAQ:META) are being compounded by weaker-than-expected economic growth and higher inflationary pressures last quarter, raising fears of a stagflation phase 

Stocks Drop, Tech Tumbles With Meta&#39;s Weak Outlook, Q1 Stagflation Fears; Gold Miners Advance: What&#39;s Driving Markets Thursday?

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<div>This story has been updated to include a comment from Union Pacific. </div>

A Wyoming locomotive engineer is suing Union Pacific (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/unp#NYSE">UNP</a>) in federal court, alleging he was injured when an AI computer software system caused two locomotives on the train on which he was working to move at conflicting speeds. 

Andrew Kirol was injured in May 2021 when the software gave "incorrect, inconsistent, contradictory and dangerous instructions" to the locomotives powering the train, according to a lawsuit filed April 18 in the District of Wyoming. 

Kirol was required to use the software, known as the Leader system. The system's purpose was to learn how to control locomotives on trains "without input from the Locomotive Engineer" says the lawsuit, which seeks unspecified damages.

"LEADER is not AI — it is a nearly 15-year-old technology that is part of Union Pacific's Energy Management System and is similar to cruise control on a car" according to a statement from Union Pacific. "LEADER does not ‘learn' and make decisions that apply across other locomotives, and the engineer can take control at any time. It uses the topography of land, as well as train length and weight to optimally apply power and speed to the train, saving fuel and decreasing Union Pacific's carbon footprint."

Union Pacific calls the system an "energy management system" that "automatically [controls] a locomotive's throttle and dynamic brake to reduce fuel usage, minimize GHG emissions and optimize train handling."

The train was hauling freight near Green River, Wyoming, through an area of hills and valleys. Kirol was in the lead locomotive. A middle locomotive was typically controlled remotely by the engineer, but all locomotives were controlled by AI on the day of the incident, according to the suit.

As the train climbed a hill, the system slowed the lead locomotive while at the same time causing the middle locomotive to speed up. This "resulted in the middle locomotive violently pushing the cars between it and the lead locomotive towards the head of the train and into the locomotive where the Plaintiff was situated" the suit states. "This caused a ‘rear ending' of the Plaintiff's locomotive with significant speed and force" by compressing the slack spaces between cars.

The conflicting speeds between the locomotives were "a circumstance which no competent Locomotive Engineer would have allowed to arise under the circumstances" the suit alleges. Kirol was "violently" tossed around the cab, injuring his lower back.

The lawsuit alleges that Union Pacific didn't warn Kirol of the possible hazards, didn't train him adequately on operating the Leader system and failed to inspect the locomotives.

Kirol, who was "a strong and able-bodied man" prior to his injuries, expects to have physical impairments in the future and physical pain "probably permanently" the lawsuit says.

The post <a href="https://www.freightwaves.com/news/federal-suit-alleges-ai-system-injured-union-pacific-employee">Federal suit alleges AI system injured Union Pacific employee</a> appeared first on <a href="https://www.freightwaves.com">FreightWaves</a>.

Raymond James analyst Patrick Tyler Brown reiterates Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) with a Strong Buy and raises the price target from $275 to $280.

Price Target

Reiteration

Analyst Ratings

Raymond James Reiterates Strong Buy on Union Pacific, Raises Price Target to $280

Evercore ISI Group analyst Jonathan Chappell maintains Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) with a Outperform and raises the price target from $271 to $273.

Evercore ISI Group Maintains Outperform on Union Pacific, Raises Price Target to $273

Morgan Stanley analyst Ravi Shanker maintains Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) with a Equal-Weight and raises the price target from $198 to $210.

Morgan Stanley Maintains Equal-Weight on Union Pacific, Raises Price Target to $210

Susquehanna analyst Bascome Majors maintains Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) with a Neutral and raises the price target from $255 to $270.

Susquehanna Maintains Neutral on Union Pacific, Raises Price Target to $270

Union Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) shares are trading higher Thursday after the company reported better-than-expected first-quarter <a href="https://www.benzinga.com/news/24/04/38433234/sanofi-reports-strong-earnings-joins-kirby-sonic-automotive-union-pacific-and-other-big-stocks-movin">results before the bell.</a>
The Details:
Union Pacific <a href="https://www.benzinga.com/pressreleases/24/04/b38427762/union-pacific-reports-first-quarter-2024-results">reported</a> quarterly earnings of $2.69 per share which beat the analyst consensus estimate of $2.52 by 6.75%. The company reported quarterly sales of $6 billion, beating the analyst consensus estimate of $5.98 billion by 0.26%.&nbsp;
The company said its operating revenue of $6 billion was driven by core pricing gains and business mix, offset by reduced fuel surcharge revenue and lower volume. Freight revenue excluding fuel surcharge revenue grew 4% as revenue carloads declined 1%.
&#8220;Our team delivered strong financial results in the first quarter as we navigated a challenging freight market and normal winter conditions,&#8221; said Jim Vena, Union Pacific CEO. &#8220;These results build on the momentum we established as we exited 2023 and provide further proof of what&#8217;s possible as we strive to be the best in safety, service, and operational excellence."
Outlook:&nbsp;
Union Pacific said its profitability outlook is gaining momentum with strong service products, improving network efficiency, and solid pricing. The company will restart share repurchases in the second quarter.&nbsp;
Related News: <a href="https://www.benzinga.com/news/24/04/38407505/whats-going-on-with-advanced-micro-devices-stock">What&#8217;s Going On With Advanced Micro Devices Stock?</a>
UNP Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Union Pacific shares are up 4.53% at $242.49 at the time of publication Thursday.
Image: Courtesy of Union Pacific Corporation

Union Pacific Stock Is Up After Q1 Results: Here's Why

Wall Street suffers a double blow in Thursday&#8217;s session, as softer-than-expected revenue forecasts from Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) are being compounded by weaker-than-expected economic growth and higher inflationary pressures last quarter, raising fears of a stagflation phase <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/04/38434513/us-growth-slows-in-q1-yet-inflation-acceleration-signals-stagflation-the-worst-poss">for the U.S. economy.</a>
The U.S. economy grew by a 1.6% annualized pace in Q1 2024, slowing down sharply from the 3.4% pace in the previous quarter and missing expectations of a growth rate of 2.5%. Inflation, as measured by the Personal Consumption Expenditure (PCE) price index, substantially accelerated from a 1.8% to 3.4% annualized pace, with the underlying measure of core PCE escalating to 3.7%. 
The elite group of Magnificent Seven stocks <a href="https://www.benzinga.com/markets/equities/24/04/38436183/magnificent-7-tumble-wipe-out-300-billion-on-metas-weak-guidance-q1-stagflation-woes">wiped out nearly $300 billion in market value</a> earlier this morning, prior to marginally curbing losses by 1 p.m. in New York. 
The S&amp;P 500 and the tech-heavy Nasdaq 100 dropped by 1% and 1.2% respectively, while blue chips in the Dow Jones Industrial Average slightly underperformed, declining by 1.4%. 
Meta Platforms experienced a double-digit decline, pulling down both the tech index and the communication services sector, which saw its worst day since late October 2023.
Only a few industries managed to notch gains, with gold miners in the spotlight following stronger-than-expected quarterly results by Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>). The VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>) rose 2.7%. 
Gold also saw an increase, rising by 0.7%, outperforming both stocks and bonds amid growing signals of stagflation from the economy. Crude oil inched lower, with the West Texas Intermediate (WTI) light crude down 0.4% to $82 a barrel. 
Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) held steady around $64,500. 
In the bond market, Treasury yields surged, with the policy-sensitive 2-year yields rising to 5% as traders further dialed back expectations of Fed rate cuts. 
<h3 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,026.87</td>
<td>-0.9%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1,975.61</td>
<td>-1.0%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>17,333.65</td>
<td>-1.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>37,923.49</td>
<td>-1.4%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:55 p.m. EDT </figcaption></figure>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
<ul>
<li>Meta Platforms tanked 11% – its worst performance since October 2022 – despite beating both earnings and revenue forecasts last quarter, as weaker-than-expected guidance disappointed traders.</li>
<li>Other companies reacting to earnings were International Business Machines Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NASDAQ">IBM</a>) down 9%, Service Now Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NYSE">NOW</a>) down 5%, Lam Research Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>) up 2.9%, Chipotle Mexican Grill Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>) up 5.4%, Ford Motor Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/F#NYSE">F</a>) down 1.6%, United Rentals Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) up 5.5%, with all of them reporting Wednesday after the close. </li>
<li>Reporting Thursday in the pre-market, Merck &amp; Company Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>) up 2.5%, Caterpillar Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) down 6.6%, Comcast Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) down 6%, Union Pacific Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) up 4.3%, S&amp;P Global Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPGI#NYSE">SPGI</a>) flat, Honeywell International Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HON#NASDAQ">HON</a>), down 1.4%, Southern Copper Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SCCO#NYSE">SCCO</a>) up 1.7%, Altria Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>) up 1%, Valero Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>) down 0.5%, Carrier Global Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CARR#NYSE">CARR</a>) up 8% and Astrazeneca plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>) up 5.7%. </li>
<li>Notable names reporting after the close include Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) , Boyd Gaming Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BYD#NYSE">BYD</a>), Capital One Financial Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COF#NYSE">COF</a>), Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>), Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>), Juniper Networks, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>), KLA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KLAC#NASDAQ">KLAC</a>), Microsoft Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NYSE">MSFT</a>), Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>), Teladoc Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TDOC#NYSE">TDOC</a>), T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>) and Western Digital Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDC#NASDAQ">WDC</a>).</li>
</ul>
Read now: <a href="https://www.benzinga.com/economics/macro-economic-events/24/04/38438240/feds-inflation-report-looms-this-friday-what-makes-it-so-crucial-for-markets">Fed&#8217;s Inflation Report Looms This Friday: What Makes It So Crucial For Markets?</a>
Photo: Shutterstock

Stocks Drop, Tech Tumbles With Meta's Weak Outlook, Q1 Stagflation Fears; Gold Miners Advance: What's Driving Markets Thursday?

U.S. stocks were lower, with the Dow Jones falling over 600 points on Thursday.
Shares of Sanofi SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNY#NASDAQ">SNY</a>) rose sharply during Thursday's session following better-than-expected <a href="https://www.benzinga.com/general/biotech/24/04/38432249/drugmaker-sanofis-strong-dupixent-and-beyfortus-vaccine-sales-propel-q1-earnings">first-quarter earnings</a>.
Sanofi reported first-quarter operating income of 2.8 billion euros, down 14.7% Y/Y and 4.2% on constant currency. The French drugmaker reported adjusted EPS of 97 cents (1.78 euros), beating the consensus estimate of 94 cents, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Sanofi shares climbed 5.5% to $49.15 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>P.A.M. Transportation Services, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PTSI#NASDAQ">PTSI</a>) jumped 19.8% to $17.42 after the company announced a self-tender offer to purchase up to 550,000 shares at a price not less than $15.50-$18.00 per share.</li>
<li>Ultralife Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULBI#NASDAQ">ULBI</a>) shares jumped 16.6% to $10.19 after the company reported better-than-expected quarterly financial results.</li>
<li>Impinj, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PI#NASDAQ">PI</a>) rose 16% to $140.21 after reporting better-than-expected first-quarter financial results.</li>
<li>Sleep Number Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNBR#NASDAQ">SNBR</a>) climbed 11.5% to $15.13 following first-quarter results.</li>
<li>Strategic Education, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STRA#NASDAQ">STRA</a>) shares gained 10% to $110.78 following upbeat results.</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>) rose 9.6% to $459.39 after the company reported better-than-expected first-quarter EPS and sales. Additionally, the company provided upbeat guidance for FY24.</li>
<li>TransUnion (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TRU#NYSE">TRU</a>) surged 8.9% to $74.83 after the company reported better-than-expected first-quarter financial results. The company also provided upbeat guidance for second quarter.</li>
<li>Community Health Systems, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CYH#NYSE">CYH</a>) rose 7.9% to $3.27 after the company reported better-than-expected first-quarter financial results.</li>
<li>Kirby Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KEX#NYSE">KEX</a>) shares gained 7.6% to $108.69 following better-than-expected first-quarter results.</li>
<li>Core Laboratories Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLB#NYSE">CLB</a>) climbed 7.6% to $17.78 following strong earnings.</li>
<li>Deutsche Bank Aktiengesellschaft (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DB#NYSE">DB</a>) rose 6.8% to $17.61 after the company reported better-than-expected first-quarter financial results.</li>
<li>Sonic Automotive, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAH#NYSE">SAH</a>) shares gained 6.7% to $54.57 following upbeat earnings.</li>
<li>Carrier Global Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CARR#NYSE">CARR</a>) surged 6.3% to $58.21 following first-quarter earnings.</li>
<li>AstraZeneca PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NYSE">AZN</a>) climbed 5.8% to $75.35 following a first-quarter revenue beat.</li>
<li>Teradyne, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TER#NYSE">TER</a>) shares rose 5% to $105.71 after the company posted upbeat first-quarter results and issued strong second-quarter forecast.</li>
<li>Union Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) shares gained 4.4% to $242.28 after the company reported better-than-expected first-quarter results.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/04/38428592/how-to-earn-500-a-month-from-t-mobile-us-stock-ahead-of-q1-earnings-report">How To Earn $500 A Month From T-Mobile US Stock Ahead Of Q1 Earnings Report</a>

Intraday Update

PTSI

SNBR

STRA

ULBI

Sanofi Reports Strong Earnings, Joins Kirby, Sonic Automotive, Union Pacific And Other Big Stocks Moving Higher On Thursday

WIIM

Union Pacific shares are trading higher after the company reported better-than-expected Q1 results.

Buybacks

Union Pacific Says Restarting Share Repurchases In Q2

Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) reported quarterly earnings of $2.69 per share which beat the analyst consensus estimate of $2.52 by 6.75 percent. The company reported quarterly sales of $6.00 billion which beat the analyst consensus estimate of $5.98 billion by 0.26 percent. This is a 0.92 percent decrease over sales of $6.06 billion the same period last year.

Earnings Beats

Union Pacific Q1 2024 Adj EPS $2.69 Beats $2.52 Estimate, Sales $6.00B Beat $5.98B Estimate

Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) has outperformed the market over the past 20 years by 6.99% on an annualized basis producing an average annual return of 14.66%. Currently, Union Pacific has a market capitalization of $139.82 billion. 
Buying $100 In UNP: If an investor had bought $100 of UNP stock 20 years ago, it would be worth $1,531.99 today based on a price of $229.19 for UNP at the time of writing.
<h3>Union Pacific's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713382221_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In Union Pacific 20 Years Ago Would Be Worth This Much Today

"We are extremely excited about this partnership," said Tyler Holtgreven, Senior Vice President of Operations with STG. "This new contract will help STG with our growth trajectory while continuing a relationship that reflects our values and our vision for the future of intermodal."

STG Logistics, Union Pacific Railroad Extend Partnership

Deep-pocketed investors have adopted a bearish approach towards Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in UNP usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 19 extraordinary options activities for Union Pacific. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 21% leaning bullish and 78% bearish. Among these notable options, 12 are puts, totaling $636,525, and 7 are calls, amounting to $453,754.
<h3>Expected Price Movements</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $190.0 to $250.0 for Union Pacific over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Union Pacific's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Union Pacific's significant trades, within a strike price range of $190.0 to $250.0, over the past month.
<h3>Union Pacific Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1713213065_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>UNP</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$52.9</td>
<td>$51.0</td>
<td>$51.57</td>
<td>$190.00</td>
<td>$154.8K</td>
<td>54</td>
<td style="text-align: right;">15</td>
</tr>
<tr>
<td>UNP</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$13.5</td>
<td>$13.0</td>
<td>$13.1</td>
<td>$230.00</td>
<td>$131.0K</td>
<td>892</td>
<td style="text-align: right;">140</td>
</tr>
<tr>
<td>UNP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/21/24</td>
<td>$13.9</td>
<td>$13.2</td>
<td>$13.7</td>
<td>$245.00</td>
<td>$109.6K</td>
<td>1.0K</td>
<td style="text-align: right;">80</td>
</tr>
<tr>
<td>UNP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$12.5</td>
<td>$12.3</td>
<td>$12.4</td>
<td>$245.00</td>
<td>$63.2K</td>
<td>627</td>
<td style="text-align: right;">52</td>
</tr>
<tr>
<td>UNP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$12.6</td>
<td>$12.2</td>
<td>$12.35</td>
<td>$245.00</td>
<td>$61.9K</td>
<td>627</td>
<td style="text-align: right;">52</td>
</tr>
</tbody>
</table>

<h3>About Union Pacific</h3>
Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two thirds of the US, UP generated $24 billion of revenue in 2023 by hauling coal, industrial products, intermodal containers, agriculture goods, chemicals, fertilizers, and automotive goods. UP owns about one fourth of Mexican railroad Ferromex and historically derives roughly 10% of its revenue hauling freight to and from Mexico.
After a thorough review of the options trading surrounding Union Pacific, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
<h3>Current Position of Union Pacific</h3>
<ul>
<li>With a trading volume of 2,297,639, the price of UNP is down by -0.2%, reaching $233.94.</li>
<li>Current RSI values indicate that the stock is may be approaching oversold.</li>
<li>Next earnings report is scheduled for 10 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Union Pacific</h3>
Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $254.0.
<ul>
<li>Consistent in their evaluation, an analyst from JP Morgan keeps a Neutral rating on Union Pacific with a target price of $243. </li>
<li>Consistent in their evaluation, an analyst from Stifel keeps a Hold rating on Union Pacific with a target price of $248. </li>
<li>Consistent in their evaluation, an analyst from Susquehanna keeps a Neutral rating on Union Pacific with a target price of $255. </li>
<li>Maintaining their stance, an analyst from Goldman Sachs continues to hold a Buy rating for Union Pacific, targeting a price of $274. </li>
<li>Reflecting concerns, an analyst from Jefferies lowers its rating to Hold with a new price target of $250.</li>
</ul>
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Union Pacific, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Options

This Is What Whales Are Betting On Union Pacific

Investors with significant funds have taken a bearish position in Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>), a development that retail traders should be aware of.
This was brought to our attention today through our monitoring of publicly accessible options data at Benzinga. The exact nature of these investors remains a mystery, but such a major move in UNP usually indicates foreknowledge of upcoming events.
Today, Benzinga's options scanner identified 9 options transactions for Union Pacific. This is an unusual occurrence. The sentiment among these large-scale traders is mixed, with 0% being bullish and 100% bearish. Of all the options we discovered, 8 are puts, valued at $832,749, and there was a single call, worth $33,569.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $210.0 and $250.0 for Union Pacific, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Union Pacific's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Union Pacific's whale activity within a strike price range from $210.0 to $250.0 in the last 30 days. 
<h3>Union Pacific 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1712936028_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th style="text-align: right;">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>UNP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$13.2</td>
<td>$12.8</td>
<td>$13.0</td>
<td>$245.00</td>
<td>$259.1K</td>
<td>1.1K</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>UNP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>05/17/24</td>
<td>$17.2</td>
<td>$16.8</td>
<td>$16.8</td>
<td>$250.00</td>
<td>$134.4K</td>
<td>262</td>
<td style="text-align: right;">110</td>
</tr>
<tr>
<td>UNP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$8.0</td>
<td>$7.8</td>
<td>$7.85</td>
<td>$240.00</td>
<td>$115.4K</td>
<td>1.1K</td>
<td style="text-align: right;">452</td>
</tr>
<tr>
<td>UNP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$8.3</td>
<td>$8.2</td>
<td>$8.3</td>
<td>$240.00</td>
<td>$109.5K</td>
<td>1.1K</td>
<td style="text-align: right;">133</td>
</tr>
<tr>
<td>UNP</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>04/26/24</td>
<td>$8.3</td>
<td>$8.1</td>
<td>$8.3</td>
<td>$240.00</td>
<td>$75.5K</td>
<td>1.1K</td>
<td style="text-align: right;">136</td>
</tr>
</tbody>
</table>

<h3>About Union Pacific</h3>
Omaha, Nebraska-based Union Pacific is the largest public railroad in North America. Operating on more than 30,000 miles of track in the western two thirds of the US, UP generated $24 billion of revenue in 2023 by hauling coal, industrial products, intermodal containers, agriculture goods, chemicals, fertilizers, and automotive goods. UP owns about one fourth of Mexican railroad Ferromex and historically derives roughly 10% of its revenue hauling freight to and from Mexico.
<h3>Current Position of Union Pacific</h3>
<ul>
<li>Trading volume stands at 400,182, with UNP's price down by -0.52%, positioned at $234.94.</li>
<li>RSI indicators show the stock to be may be approaching oversold.</li>
<li>Earnings announcement expected in 13 days.</li>
</ul>
<h3>What Analysts Are Saying About Union Pacific</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $257.6.
<ul>
<li>Consistent in their evaluation, an analyst from Benchmark keeps a Buy rating on Union Pacific with a target price of $266. </li>
<li>An analyst from Goldman Sachs has decided to maintain their Buy rating on Union Pacific, which currently sits at a price target of $274. </li>
<li>An analyst from JP Morgan has decided to maintain their Neutral rating on Union Pacific, which currently sits at a price target of $243. </li>
<li>An analyst from Susquehanna persists with their Neutral rating on Union Pacific, maintaining a target price of $255. </li>
<li>An analyst from Jefferies has revised its rating downward to Hold, adjusting the price target to $250. </li>
</ul>
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Union Pacific options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Decoding Union Pacific's Options Activity: What's the Big Picture?

Stifel analyst Benjamin Nolan maintains Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) with a Hold and raises the price target from $231 to $248.

Stifel Maintains Hold on Union Pacific, Raises Price Target to $248

United Airlines&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ual#NASDAQ">UAL</a>) is scheduled to report&nbsp;first-quarter 2024&nbsp;results on Apr 16, after market close.
UAL has an impressive earnings surprise history, having surpassed the Zacks Consensus Estimate in each of the preceding four quarters, the average beat being 17.84%.
The Zacks Consensus Estimate for first-quarter 2024 earnings has been revised 31.7% downward over the last 60 days.
Given this backdrop, let&#39;s examine the factors likely to have influenced United Airlines&#39; performance in the to-be-reported quarter.
We expect high fuel costs to have dented UAL&#39;s bottom-line performance in the March quarter. Even though, oil price has come down from the highs witnessed earlier, the same still remains high. For first-quarter 2024, we expect the average fuel cost per gallon to be $3.38 per gallon, higher than the first-quarter 2023 actual figure of $3.33.
Additionally, UAL is burdened with expenses related to non-fuel unit costs. Non-fuel unit cost or cost per available seat mile (CASM: adjusted) is expected to increase in mid-single digits from first-quarter 2023 levels. High labor costs and low capacity are leading to the uptick. Our estimate hints at a 5.2% increase from the year-ago levels.
Labor costs are likely to have been high due to higher wages arising from the contract with pilots that was ratified in 2023. We expect salaries and related costs to increase 28% in first-quarter 2024 from first-quarter 2023 actuals.
Buoyant air-travel demand in the holiday period is likely to have boosted the top line in the quarter under review. We expect passenger revenues to jump 9.4% from the prior year.
<h3>What Our Model Says</h3>
Our proven model does not conclusively predict an earnings beat for United Airlines this time around. The combination of a positive&nbsp;Earnings ESP&nbsp;and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is not the case here. You can uncover the best stocks to buy or sell before they&#39;re reported with our&nbsp;Earnings ESP Filter.
UAL has an Earnings ESP of -11.41% and a Zacks Rank #3.
<h3>Q4 Highlights</h3>
United Airlines&#39;&nbsp;fourth-quarter 2023 earnings per share (excluding 19 cents from non-recurring items) of $2 outpaced the Zacks Consensus Estimate of $1.61 but declined 18.7% year over year. 
Operating revenues of $13.63 billion beat the Zacks Consensus Estimate of $13.54 billion. The top line increased 9.9% year over year due to upbeat air-travel demand. This was driven by a 10.9% rise in passenger revenues (which accounted for 91.1% of the top line) to $12.42 bllion. Almost 41,779 passengers traveled on UAL flights in the fourth quarter.
<h3>Stocks to Consider</h3>
Here are a few stocks from the broader Zacks&nbsp;Transportation&nbsp;sector that investors may consider, as our model shows that these have the right combination of elements to beat on their first-quarter 2024 earnings.
Union Pacific Corporation&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/unp#NYSE">UNP</a>) has an Earnings ESP of +2.36% and a Zacks Rank #3. UNP is scheduled to report first-quarter 2024 earnings on Apr 25.
We expect UNP&#39;s cost-cutting efforts to boost first-quarter 2024 earnings performance. The Zacks Consensus Estimate for quarterly earnings has increased 0.8% to $2.53 per share over the last 30 days. UNP has surpassed the Zacks Consensus Estimate for earnings in three of the preceding four quarters and missed once, the average beat being 1.41%.
Expeditors International of Washington&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/expd#NYSE">EXPD</a>) has an Earnings ESP of +0.92% and a Zacks Rank #3. EXPD is scheduled to report first-quarter 2024 earnings on May 7. Lackluster volumes (with respect to air-freight tonnage and ocean container) due to weakening demand and falling rates are likely to have hurt EXPD&#39;s performance in the to-be-reported quarter.
The Zacks Consensus Estimate for first-quarter earnings has been revised 3.54% downward over the last 60 days. EXPD has surpassed the Zacks Consensus Estimate for earnings in only one of the preceding four quarters and missed thrice, the average miss being 3.37%.
<a href="https://www.zacks.com/stock/news/2253743/what-s-in-store-for-united-airlines-ual-in-q1-earnings?cid=CS-BENZ-FT-analyst_blog|earnings_preview-2253743">To read this article on Zacks.com click here.</a>

EXPD

What's in Store for United Airlines in Q1 Earnings?

Goldman Sachs analyst Jordan Alliger maintains Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) with a Buy and raises the price target from $248 to $274.

Goldman Sachs Maintains Buy on Union Pacific, Raises Price Target to $274

Benchmark analyst Nathan Martin maintains Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) with a Buy and raises the price target from $260 to $266.

Benchmark Maintains Buy on Union Pacific, Raises Price Target to $266

JP Morgan analyst Brian Ossenbeck maintains Union Pacific (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>) with a Neutral and raises the price target from $237 to $243.

JP Morgan Maintains Neutral on Union Pacific, Raises Price Target to $243

Barclays analyst Brandon Oglenski maintained a Buy rating on Union Pacific (UNP – Research Report) today and set a price target of $290.00. The com...

Barclays Remains a Buy on Union Pacific (UNP)

RBC Capital analyst Walter Spracklin maintained a Buy rating on Union Pacific (UNP – Research Report) yesterday and set a price target of $281.00. ...

Union Pacific (UNP) Receives a Buy from RBC Capital

Companies in the Industrial Goods sector have received a lot of coverage today as analysts weigh in on Union Pacific (UNP – Research Report), FTAI ...

Analysts' Opinions Are Mixed on These Industrial Goods Stocks: Union Pacific (UNP), FTAI Aviation (FTAI) and Waste Management (WM)

Chugging To The Top: Union Pacific's Earnings Finally Outperform (Rating Upgrade)

Vena Magic! Why Union Pacific Just Hit A Grand Slam

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Union Pacific (UNP – Research Report) and Waste Management ...

Analysts Conflicted on These Industrial Goods Names: Union Pacific (UNP) and Waste Management (WM)

Morgan Stanley analyst Ravi Shanker maintained a Hold rating on Union Pacific (UNP – Research Report) yesterday and set a price target of $210.00. ...

Morgan Stanley Sticks to Their Hold Rating for Union Pacific (UNP)

Benchmark Co. analyst Nathan Martin reiterated a Buy rating on Union Pacific (UNP – Research Report) today and set a price target of $266.00. The c...

Benchmark Co. Sticks to Its Buy Rating for Union Pacific (UNP)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on WW Grainger (GWW – Research Report), Allegion (ALLE – Resea...

Analysts Offer Insights on Industrial Goods Companies: WW Grainger (GWW), Allegion (ALLE) and Union Pacific (UNP)

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Press Releases

Union Pacific Corporation CEO Jim Vena and CFO Jennifer Hamann to Address the Barclays 2024 Industrial Select Conference

Union Pacific to Invest $3.4 Billion in Capital for Safe Operations, Growth with Customers

Union Pacific Corporation CEO Jim Vena and CFO Jennifer Hamann to Address the J.P. Morgan 2024 Industrials Conference

Union Pacific Corporation Announces First Quarter 2024 Earnings Release Date

Union Pacific's Famed 'Big Boy No. 4014' Preparing for Westward Summer Tour

STG Logistics and Union Pacific Railroad Extend Long-Running Partnership to Deliver Consumer Goods

Union Pacific Reports First Quarter 2024 Results

Union Pacific Highlights Commitment to Safety, Community and Sustainability in 2023 Building America Report

Union Pacific Honors Companies for Safe Chemical Transportation

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Union Pacific Stock (NYSE:UNP), Short Interest Report

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