Entropy Technologies LP reduced its position in Canadian National Railway Company (NYSE:CNI – Free Report) (TSE:CNR) by 47.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,270 shares of the transportation company’s stock after selling 7,562 shares during the period. Entropy Technologies LP’s holdings in Canadian National Railway were worth $850,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in CNI. Vanguard Group Inc. increased its holdings in Canadian National Railway by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 24,646,922 shares of the transportation company’s stock valued at $2,437,679,000 after buying an additional 346,670 shares in the last quarter. FIL Ltd boosted its stake in shares of Canadian National Railway by 49.5% during the 4th quarter. FIL Ltd now owns 15,745,744 shares of the transportation company’s stock worth $1,557,309,000 after acquiring an additional 5,210,403 shares in the last quarter. Caisse de depot et placement du Quebec boosted its stake in shares of Canadian National Railway by 1.1% during the 3rd quarter. Caisse de depot et placement du Quebec now owns 13,894,922 shares of the transportation company’s stock worth $1,310,600,000 after acquiring an additional 157,000 shares in the last quarter. Deutsche Bank AG grew its position in shares of Canadian National Railway by 15.1% during the 4th quarter. Deutsche Bank AG now owns 8,998,101 shares of the transportation company’s stock valued at $889,462,000 after acquiring an additional 1,182,106 shares during the period. Finally, Lazard Asset Management LLC grew its position in shares of Canadian National Railway by 639,137.0% during the 3rd quarter. Lazard Asset Management LLC now owns 8,955,711 shares of the transportation company’s stock valued at $844,353,000 after acquiring an additional 8,954,310 shares during the period. Institutional investors and hedge funds own 80.74% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts recently weighed in on the company. Benchmark reaffirmed a “hold” rating on shares of Canadian National Railway in a report on Monday. Sanford C. Bernstein raised their price objective on Canadian National Railway from $113.88 to $117.36 and gave the company a “market perform” rating in a report on Tuesday, March 31st. Royal Bank Of Canada boosted their price objective on Canadian National Railway from $195.00 to $205.00 and gave the company an “outperform” rating in a research report on Monday. Weiss Ratings downgraded Canadian National Railway from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, July 9th. Finally, Bank of America increased their target price on Canadian National Railway from $132.00 to $134.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. Eight equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $137.40.
Trending Headlines about Canadian National Railway
Here are the key news stories impacting Canadian National Railway this week:
- Positive Sentiment: Q2 earnings beat estimates: Canadian National reported adjusted earnings of $1.50 per share, ahead of the $1.39 consensus estimate, while revenue rose 11.3% year over year to $3.35 billion. Canadian National Railway Company 2026 Q2 Results Earnings Call Presentation
- Positive Sentiment: Volume growth and outlook lift sentiment: Grain and energy shipments drove revenue growth, and management raised its 2026 outlook. These trends suggest resilient demand across key freight categories. Canadian National Q2 Earnings Beat on Grain and Energy Volume Growth
- Positive Sentiment: Analysts raised price targets: RBC increased its target to $205 and maintained an “outperform” rating, while Wells Fargo raised its target to $145 and kept an “overweight” rating. These revisions reflect greater confidence following the earnings report. Analyst Price Target Revisions
- Neutral Sentiment: Broad analyst support: Barclays lifted its target from $109 to $130 but retained an “equal weight” rating, while the broader analyst consensus remains “Moderate Buy.” Canadian National Railway Receives Moderate Buy Rating
- Negative Sentiment: Cost pressure remains a risk: Higher fuel costs weighed on operating efficiency, potentially limiting the benefit of stronger volumes and revenue growth.
Canadian National Railway Stock Up 0.5%
CNI stock opened at $129.56 on Wednesday. The stock has a market capitalization of $78.52 billion, a P/E ratio of 22.97, a P/E/G ratio of 2.45 and a beta of 0.96. The firm has a 50-day simple moving average of $120.81 and a 200-day simple moving average of $111.15. The company has a quick ratio of 0.49, a current ratio of 0.87 and a debt-to-equity ratio of 0.99. Canadian National Railway Company has a 52 week low of $90.74 and a 52 week high of $131.55.
Canadian National Railway (NYSE:CNI – Get Free Report) (TSE:CNR) last released its quarterly earnings results on Friday, July 24th. The transportation company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.11. The firm had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.26 billion. Canadian National Railway had a net margin of 26.92% and a return on equity of 22.22%. The company’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.87 EPS. Equities analysts forecast that Canadian National Railway Company will post 5.69 earnings per share for the current fiscal year.
Canadian National Railway Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.915 per share. This represents a $3.66 annualized dividend and a yield of 2.8%. The ex-dividend date is Tuesday, September 8th. Canadian National Railway’s payout ratio is 47.34%.
About Canadian National Railway
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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