Duff & Phelps Boosts Union Pacific Holdings

Investment firm increases stake in railroad operator by 77.3% in Q3

Mar. 12, 2026 at 8:34am

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Duff & Phelps Investment Management Co. increased its stake in shares of Union Pacific Corporation (NYSE:UNP) by 77.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund now owns 153,928 shares of the railroad operator's stock, worth $36,384,000 as of the latest filing.

Why it matters

Union Pacific is one of the largest freight railroad companies in the United States, operating an extensive rail network across the western two-thirds of the country. Duff & Phelps' increased investment in the company signals their confidence in Union Pacific's long-term growth prospects.

The details

Duff & Phelps purchased an additional 67,118 shares of Union Pacific in the 3rd quarter, bringing their total holdings to 153,928 shares. This represents a 77.3% increase from the previous quarter. The investment firm cited Union Pacific's strong financial performance and strategic positioning in the rail industry as reasons for the increased stake.

  • Duff & Phelps increased its Union Pacific holdings in the 3rd quarter of 2026.

The players

Duff & Phelps Investment Management Co.

An investment management firm that focuses on alternative and specialty asset classes.

Union Pacific Corporation

One of the largest freight railroad companies in the United States, operating an extensive rail network across the western two-thirds of the country.

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The takeaway

This investment by Duff & Phelps highlights the continued strength and appeal of the U.S. freight rail industry, particularly for large, well-established players like Union Pacific that have weathered economic cycles and maintained their competitive edge.