Canadian National Railway Company $CNI Shares Acquired by Balyasny Asset Management L.P.

Posted by George Bondi on Jun 18th, 2026

Balyasny Asset Management L.P. grew its holdings in Canadian National Railway Company (NYSE:CNI – Free Report) (TSE:CNR) by 7,521.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,143,186 shares of the transportation company’s stock after buying an additional 1,128,186 shares during the period. Balyasny Asset Management L.P.’s holdings in Canadian National Railway were worth $113,004,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. High Point Wealth Management LLC purchased a new stake in shares of Canadian National Railway in the fourth quarter valued at about $27,000. Curio Wealth LLC purchased a new stake in shares of Canadian National Railway in the fourth quarter valued at about $31,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Canadian National Railway by 378.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 354 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 280 shares during the period. Leonteq Securities AG purchased a new stake in shares of Canadian National Railway in the fourth quarter valued at about $39,000. Finally, Fulcrum Asset Management LLP purchased a new stake in shares of Canadian National Railway in the third quarter valued at about $51,000. 80.74% of the stock is currently owned by institutional investors and hedge funds.

Canadian National Railway Trading Down 3.2%

Shares of CNI stock opened at $113.92 on Thursday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.67 and a quick ratio of 0.49. The firm has a market cap of $69.11 billion, a PE ratio of 20.71, a price-to-earnings-growth ratio of 2.25 and a beta of 0.96. The company has a 50-day moving average of $114.03 and a two-hundred day moving average of $106.12. Canadian National Railway Company has a 1-year low of $90.74 and a 1-year high of $122.48.

Canadian National Railway (NYSE:CNI – Get Free Report) (TSE:CNR) last announced its earnings results on Wednesday, April 29th. The transportation company reported $1.31 earnings per share for the quarter, hitting the consensus estimate of $1.31. The company had revenue of $3.15 billion during 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 revenue was down .5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.85 earnings per share. On average, analysts predict that Canadian National Railway Company will post 5.76 EPS for the current year.

Canadian National Railway Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Tuesday, June 9th will be paid a dividend of $0.915 per share. This represents a $3.66 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, June 9th. Canadian National Railway’s dividend payout ratio (DPR) is 48.55%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on CNI shares. Citigroup upped their price objective on shares of Canadian National Railway from $123.00 to $124.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Royal Bank Of Canada upped their price objective on shares of Canadian National Railway from $160.00 to $178.00 and gave the company an “outperform” rating in a report on Thursday, April 30th. Weiss Ratings lowered shares of Canadian National Railway from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Barclays upped their price objective on shares of Canadian National Railway from $98.00 to $99.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Finally, Bank of America raised shares of Canadian National Railway from a “neutral” rating to a “buy” rating and upped their price objective for the company from $117.00 to $122.00 in a report on Thursday, April 9th. Nine analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Canadian National Railway presently has an average rating of “Hold” and a consensus price target of $122.04.

Get Our Latest Stock Analysis on Canadian National Railway

Canadian National Railway 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.