Canadian National Railway Company $CNI Shares Bought by Verity & Verity LLC

Posted by on May 31st, 2026

Verity & Verity LLC boosted its stake in shares of Canadian National Railway Company (NYSE:CNI – Free Report) (TSE:CNR) by 5.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 164,417 shares of the transportation company’s stock after purchasing an additional 9,148 shares during the period. Verity & Verity LLC’s holdings in Canadian National Railway were worth $16,253,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CNI. Cardinal Point Capital Management ULC grew its position in shares of Canadian National Railway by 28.8% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 124,426 shares of the transportation company’s stock valued at $11,730,000 after acquiring an additional 27,857 shares during the period. Lincluden Management Ltd. grew its position in shares of Canadian National Railway by 4.1% during the 3rd quarter. Lincluden Management Ltd. now owns 434,344 shares of the transportation company’s stock valued at $40,717,000 after acquiring an additional 17,257 shares during the period. Kensington Investment Counsel LLC acquired a new stake in shares of Canadian National Railway during the 3rd quarter valued at about $3,079,000. CIBC Bancorp USA Inc. acquired a new stake in shares of Canadian National Railway during the 3rd quarter valued at about $32,174,000. Finally, Scharf Investments LLC acquired a new stake in shares of Canadian National Railway during the 4th quarter valued at about $8,283,000. 80.74% of the stock is owned by institutional investors and hedge funds.

Canadian National Railway Trading Down 0.2%

Shares of Canadian National Railway stock opened at $118.54 on Friday. The firm has a market capitalization of $72.04 billion, a PE ratio of 21.55, a P/E/G ratio of 2.27 and a beta of 0.95. Canadian National Railway Company has a twelve month low of $90.74 and a twelve month high of $119.87. The firm’s 50-day moving average price is $109.59 and its 200 day moving average price is $103.80. The company has a current ratio of 0.67, a quick ratio of 0.49 and a debt-to-equity ratio of 0.95.

Canadian National Railway (NYSE:CNI – Get Free Report) (TSE:CNR) last issued its quarterly earnings results on Wednesday, April 29th. The transportation company reported $1.31 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.31. The firm had revenue of $3.15 billion for the quarter, compared to analyst estimates of $3.15 billion. Canadian National Railway had a net margin of 27.22% and a return on equity of 21.90%. Canadian National Railway’s quarterly revenue was down .5% compared to the same quarter last year. During the same period last year, the company posted $1.85 EPS. On average, sell-side analysts predict that Canadian National Railway Company will post 5.76 EPS for the current fiscal year.

Canadian National Railway Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Tuesday, June 9th will be paid a $0.915 dividend. The ex-dividend date of this dividend is Tuesday, June 9th. This represents a $3.66 dividend on an annualized basis and a yield of 3.1%. Canadian National Railway’s dividend payout ratio (DPR) is currently 48.73%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Weiss Ratings upgraded Canadian National Railway from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, May 20th. Bank of America upgraded Canadian National Railway from a “neutral” rating to a “buy” rating and raised their target price for the company from $117.00 to $122.00 in a research report on Thursday, April 9th. Barclays raised their target price on Canadian National Railway from $98.00 to $99.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Evercore dropped their target price on Canadian National Railway from $105.00 to $103.00 and set an “in-line” rating on the stock in a research report on Monday, February 2nd. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Canadian National Railway in a research note on Monday, February 2nd. Nine investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Canadian National Railway presently has an average rating of “Hold” and a consensus target price of $122.04.

Get Our Latest Research Report on Canadian National Railway

Canadian National Railway Company Profile

(Free Report)

Canadian National Railway Company (NYSE: CNI) is a Class I freight railway that operates an integrated rail network across Canada and the United States. Headquartered in Montreal, Quebec, CN provides long-haul freight transportation and related logistics services that connect major ports, industrial centers and inland markets throughout North America. Its transcontinental system enables cross-border movement of goods and supports supply chains that span coast-to-coast in Canada and into the central and eastern United States.

CN’s core business is the railborne transportation of a broad mix of commodities, including intermodal container traffic, forest and paper products, grain and other agricultural products, metallurgical and industrial products, petroleum and chemical products, coal and automotive shipments.

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Institutional Ownership by Quarter for Canadian National Railway (NYSE:CNI)

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