Lazard Asset Management LLC Sells 632,459 Shares of Canadian Pacific Kansas City Limited $CP

Posted by on Jul 29th, 2026

Lazard Asset Management LLC lessened its position in Canadian Pacific Kansas City Limited (NYSE:CP – Free Report) (TSE:CP) by 63.3% in the first quarter, HoldingsChannel reports. The fund owned 367,019 shares of the transportation company’s stock after selling 632,459 shares during the quarter. Lazard Asset Management LLC’s holdings in Canadian Pacific Kansas City were worth $28,887,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Intech Investment Management LLC boosted its holdings in Canadian Pacific Kansas City by 16.0% during the 1st quarter. Intech Investment Management LLC now owns 21,276 shares of the transportation company’s stock worth $1,493,000 after acquiring an additional 2,940 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in shares of Canadian Pacific Kansas City during the first quarter valued at approximately $35,000. Sivia Capital Partners LLC bought a new stake in Canadian Pacific Kansas City during the second quarter worth $206,000. Prudential Financial Inc. lifted its holdings in Canadian Pacific Kansas City by 8.7% during the second quarter. Prudential Financial Inc. now owns 5,183 shares of the transportation company’s stock worth $411,000 after acquiring an additional 415 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in Canadian Pacific Kansas City by 39.3% in the second quarter. EverSource Wealth Advisors LLC now owns 1,307 shares of the transportation company’s stock worth $104,000 after purchasing an additional 369 shares during the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Canadian Pacific Kansas City Stock Up 0.4%

Shares of NYSE CP opened at $91.74 on Wednesday. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.67 and a quick ratio of 0.57. The stock has a market capitalization of $81.19 billion, a PE ratio of 28.31, a P/E/G ratio of 1.82 and a beta of 1.10. Canadian Pacific Kansas City Limited has a one year low of $68.42 and a one year high of $93.95. The business’s fifty day moving average price is $89.07 and its 200-day moving average price is $83.74.

Canadian Pacific Kansas City (NYSE:CP – Get Free Report) (TSE:CP) last announced its quarterly earnings data on Wednesday, April 29th. The transportation company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.02). Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 27.20%.The firm had revenue of $2.66 billion during the quarter, compared to analysts’ expectations of $2.70 billion. During the same period last year, the business posted $1.06 EPS. The company’s revenue was down 2.5% compared to the same quarter last year. On average, equities research analysts anticipate that Canadian Pacific Kansas City Limited will post 3.69 EPS for the current year.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. Weiss Ratings upgraded Canadian Pacific Kansas City from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, July 2nd. Susquehanna lifted their target price on Canadian Pacific Kansas City from $104.00 to $106.00 and gave the stock a “positive” rating in a research note on Tuesday, July 14th. Royal Bank Of Canada reissued an “outperform” rating on shares of Canadian Pacific Kansas City in a report on Wednesday, June 24th. Stephens raised shares of Canadian Pacific Kansas City to a “hold” rating in a report on Wednesday, July 8th. Finally, Citigroup increased their price target on shares of Canadian Pacific Kansas City from $97.00 to $106.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Canadian Pacific Kansas City currently has a consensus rating of “Moderate Buy” and a consensus price target of $104.91.

Get Our Latest Stock Report on CP

About Canadian Pacific Kansas City

(Free Report)

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.

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Want to see what other hedge funds are holding CP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Canadian Pacific Kansas City Limited (NYSE:CP – Free Report) (TSE:CP).

Institutional Ownership by Quarter for Canadian Pacific Kansas City (NYSE:CP)

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