Alta Capital Management Llc/ 13F: Cuts UNP Stake by $1.6M

On October 26, 2026, Alta Capital Management cut its position in Union Pacific Corporation (UNP) by 5,942 shares, leaving it with 20,328 shares valued at about $5.5 million. This information comes from the fund's latest Form 13F filing with the SEC, which covers the quarter ended September 30, 2026.

UNP Union Pacific Corporation

$296.97 ▲ +29.99% year to date

1M 3M YTD

Daily close · Oct 26, 2026

What Changed in Alta Capital Management's Union Pacific Position

Alta Capital's reduction in shares represents a 22.6% decrease from its previous holding of 26,270 shares. The reported value of the remaining shares is approximately $5.5 million, reflecting a total reported value for the fund of about $1.07 billion.

Where Union Pacific Fits in Alta Capital Management's Portfolio

Union Pacific now makes up about 0.52% of Alta Capital's overall portfolio, ranking 38th among its 215 holdings.

Other Institutional Activity in Union Pacific

Several other funds have also adjusted their positions in Union Pacific. Smith Chas P & Associates added 2,470 shares, bringing its total to 126,076 shares valued at about $36.4 million. Livforsakringsbolaget Skandia grew its stake by 11,500 shares, now holding 22,859 shares worth approximately $6.2 million. Conversely, Quilter reduced its holdings by 5,878 shares to hold 138,504 shares valued at about $37.7 million.

Union Pacific Corporation Stock Up 1.4%

Union Pacific shares recently traded around $296.94, which is about equal to the closing price of $296.97 on October 26, 2026. The stock is currently above its 50-day moving average by 3.3% and its 200-day moving average by 10.4%. However, it is about 6.0% below its 52-week high of $315.99.

Recent Earnings

Union Pacific reported trailing twelve-month revenue of approximately $26.4 billion and an earnings per share (EPS) of $12.82. The next earnings report is scheduled for January 26, 2027.

Dividend

Union Pacific pays an annual dividend of $5.68 per share, translating to a yield of about 1.91%. The company maintains a dividend payout ratio of 43.4%.

Analysts Set New Price Targets

On October 23, 2026, Citigroup maintained its Buy rating on Union Pacific with a price target of $348, up from $338. JP Morgan also maintained a Neutral rating with a target of $321, while Evercore ISI Group kept its Outperform rating with a target of $329. The consensus among analysts is a Buy rating with a mean price target of $330.5.

About Union Pacific Corporation

Union Pacific Corporation operates in the railroad business in the United States through its subsidiary, Union Pacific Railroad Company. The company plays a crucial role in freight transportation, connecting the western two-thirds of the United States to global markets.

Bottom Line

Investors should watch for Union Pacific's upcoming earnings report on January 26, 2027, and any further changes in institutional holdings. Alta Capital's recent reduction in shares highlights a potential shift in their investment strategy, which could be worth monitoring as market conditions evolve.