UNP

OMAHA, Neb.--(BUSINESS WIRE)--Union Pacific Corporation (NYSE: UNP) announced that its Board of Directors today voted to increase the quarterly dividend on the Company's common shares by 3% to $1.42 per share. The dividend is payable September 30, 2026, to shareholders of record August 31, 2026. Union Pacific has paid dividends on its common stock for 127 consecutive years. “Union Pacific remains committed to delivering strong financial results and long-term value for our shareholders,” said Je.

Does Union Pacific (UNP) have what it takes to be a top stock pick for momentum investors? Let's find out.

Union Pacific Corp. and RTX Corp. are core portfolio holdings, exemplifying high-quality companies bought on weakness for long-term outperformance. UNP benefits from a duopoly, robust capital allocation, and cyclical recovery, with recent earnings showing 12% revenue growth and raised EPS guidance. RTX leverages secular growth in both commercial aerospace and defense, with recent organic revenue up 16%, EPS up 21%, and a $289 billion backlog.

The companies added commitments, including expanded gateway pricing, to ensure the combined railroad will provide faster, more reliable service as promised.

OMAHA, Neb. & ATLANTA--(BUSINESS WIRE)--Union Pacific (NYSE: UNP) and Norfolk Southern (NYSE: NSC) today enhanced their merger application by offering customer protections that go beyond those provided in any prior rail merger. The new commitments are provided with the supplemental information requested by the Surface Transportation Board (STB) when it accepted the companies' merger application as complete on May 28, 2026. “We are more confident than ever that creating America's first transcont.

I rate Union Pacific a buy as service improvements are driving volume gains, margin expansion, and higher earnings. UNP's domestic intermodal growth, improved car velocity, and higher workforce productivity underpin a positive investment thesis. Management raised FY2026 EPS growth guidance to high single digits, with a target share price of ~$350 at 23.6x forward P/E.

Union Pacific has delivered a 40% total return since July 2025, far outpacing the S&P 500. UNP's Q2 2026 results showed 12% YoY revenue growth, strong pricing power, and operating leverage through productivity gains. Management guides for high single-digit EPS growth, supported by domestic intermodal, petrochemicals, and U.S. reindustrialization tailwinds.

I prioritize a TOLL+M investment model—tangible assets, oligopoly advantages, low incremental CapEx, durable cash flows, and macro tailwinds—to build resilient portfolios. Jamie Dimon highlights that even with 2% inflation, 10-year yields should remain above 4.0-4.5% due to risk premiums, supporting my 'run-it-hot' thesis. The S&P 500 prices in a 'good outcome' with little margin of safety; I see greater opportunity in selective stock picking over broad index exposure.

Seth Klarman's Baupost Group rarely shows its cards, so when the latest 13F filing (holdings as of March 31, 2026, filed May 14, 2026) disclosed his five largest long common-stock positions, the disclosure read like a treasure map.

Union Pacific Corp. (NYSE:UNP) on Thursday reported better-than-expected second-quarter 2026 results.