Auto-Owners Insurance 13F: Exits Union Pacific (UNP) Stake

Auto-Owners Insurance disclosed on October 15, 2026, that it sold its entire stake in Union Pacific Corporation (NYSE: UNP). The fund's position, previously consisting of 1,022 shares, has been completely liquidated, reflecting a 100% decrease in its holdings.

What Changed in Auto-Owners Insurance's Position

Auto-Owners Insurance cut its position in Union Pacific by selling out all 1,022 shares it held.

Other Institutional Activity in Union Pacific

Several other institutional investors have maintained or increased their stakes in Union Pacific. Blackrock Inc. grew its holdings by 114,671 shares, totaling 47,894,147 shares worth about $13.8 billion. Vanguard Capital Management LLC added 215,919 shares, ending with 38,772,919 shares valued at roughly $11.2 billion. State Street Corporation also increased its position by 1,302,802 shares, bringing its total to 27,890,598 shares worth about $8.1 billion. Additionally, Capital World Investors and Capital Research Global Investors made smaller adjustments to their positions but still hold substantial stakes in the company.

Union Pacific Corporation Stock Up 0.6%

Union Pacific's shares were recently trading around $288.24, which is about equal to its 50-day moving average and significantly above its 52-week low of $215.53. However, it is about 8.8% below its 52-week high of $315.99, suggesting some recent volatility in the stock's price. The shares also trade below the average analyst price target of $327.63, indicating potential room for growth.

Recent Earnings

Union Pacific reported trailing twelve-month revenue of approximately $25.4 billion, marking a year-over-year growth of 11.5%. Its net margin stands at 28.8%, and the company has a return on equity of 39.7%. The next earnings report is expected on October 22, 2026, where more insights into its financial performance will be revealed.

Analysts Set New Price Targets

Various analysts have maintained positive ratings on Union Pacific recently. On July 27, 2026, Baird maintained an "Outperform" rating with a price target of $344. UBS upgraded its rating to "Buy" with a target of $339 on September 16, 2026. The consensus from analysts shows a general optimism about the stock's prospects, aligning with a buy recommendation and a mean target price of $327.63.

About Union Pacific Corporation

Union Pacific Corporation, through its subsidiary, operates a vast railroad network across the United States. It plays a crucial role in transporting goods and raw materials, contributing to the economy's infrastructure. This recent divestment by Auto-Owners Insurance marks a notable change in its investment profile concerning Union Pacific.

Bottom Line

Investors should keep an eye on Union Pacific's upcoming earnings report on October 22, 2026, for further insights into its performance. The recent changes in institutional holdings, particularly by Auto-Owners Insurance, may indicate a shift in market sentiment towards the railroad sector. Keep in mind that 13F filings show positions as of the end of the reporting quarter and may not reflect current holdings.