Quilter 13F: Cuts Union Pacific (UNP) Stake by $1.6M

In a Form 13F filing on October 21, 2026, Quilter disclosed that it reduced its stake in Union Pacific Corporation UNP by 4.1%, shedding 5,878 shares during the period. The firm's remaining holding stands at 138,504 shares with a reported value of $37,691,094. Union Pacific closed at $287.87 on the day of the filing. Quilter's move is part of its portfolio adjustments filed concurrently with disclosures regarding other major holdings.

UNP Union Pacific Corporation

$287.61 ▲ +25.90% year to date

1M 3M YTD

Daily close · Oct 20, 2026

What Changed in Quilter's Union Pacific Position

Quilter trimmed its investment by 5,878 shares, moving down from its previous total of 144,382 shares. The resulting 138,504 shares represent a 4.1% decrease from the prior quarter's position. At the filing date closing price, the holding was valued at roughly $37.7 million.

Other Institutional Activity in Union Pacific

Other institutional investors also adjusted their positions in the railroad operator around the same time. Auto-Owners Insurance cut its holdings entirely by selling 1,022 shares to end with zero shares valued at $0 in a filing dated October 15, 2026. Curated Wealth Partners also slashed its position, shedding 7,466,365 shares or 99.9% of its stake to finish with 2,789 shares worth about $758,971.

Union Pacific Corporation Stock Up 1.9%

Union Pacific shares recently traded around $287.98 as of October 22, 2026, sitting right around its 50-day moving average of $287.44 and roughly 7.5% above its 200-day moving average of $267.94. The stock has traded between a 52-week low of $215.53 and a 52-week high of $315.99.

Recent Earnings

Union Pacific reported $25.41 billion in trailing twelve-month revenue alongside earnings of $12.34 per share. The company operates with a net profit margin of 28.8% and a return on equity of 39.7%. Its next earnings report is scheduled for October 22, 2026.

Dividend

Union Pacific pays an annual dividend rate of $5.68 per share, which translates to a dividend yield of 1.97%. The company pays out 44.7% of its earnings as dividends to shareholders.

Analysts Set New Price Targets

Wall Street firms maintain an overall buy rating on Union Pacific, backed by 24 analyst opinions and a mean price target of $327.67. Baird maintains an Outperform rating with a $344.00 target on July 27, 2026. UBS upgraded the stock to a Buy rating on September 16, 2026, raising its target to $339.00. Susquehanna holds a Positive rating with a $333.00 target as of October 2, 2026. JP Morgan keeps a Neutral rating with a $322.00 target as of October 5, 2026, while Citigroup maintains a Buy rating with a $338.00 target on October 7, 2026.

About Union Pacific Corporation

Headquartered in Omaha, Nebraska, Union Pacific Corporation operates through its primary rail subsidiary to provide freight transportation services across the western two-thirds of the United States. The company connects agricultural, industrial, and consumer markets by moving goods via an extensive rail network.

Bottom Line

Quilter's reduction brings its share count down to 138,504 shares of Union Pacific. Investors continue to monitor upcoming earnings reports and broader freight demand trends across the industrials sector.