Canadian National Railway Company $CNI Shares Sold by NewEdge Wealth LLC

Posted by Geri Gentry on Jul 30th, 2026

NewEdge Wealth LLC reduced its position in Canadian National Railway Company (NYSE:CNI – Free Report) (TSE:CNR) by 58.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,668 shares of the transportation company’s stock after selling 5,201 shares during the quarter. NewEdge Wealth LLC’s holdings in Canadian National Railway were worth $377,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. High Point Wealth Management LLC purchased a new stake in Canadian National Railway during the fourth quarter valued at about $27,000. Curio Wealth LLC purchased a new position in shares of Canadian National Railway in the 4th quarter worth about $31,000. MidFirst Bank purchased a new position in shares of Canadian National Railway in the 4th quarter worth about $31,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Canadian National Railway by 378.4% in the 4th 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 in the last quarter. Finally, MBM Wealth Consultants LLC acquired a new position in shares of Canadian National Railway in the 1st quarter valued at about $37,000. Institutional investors and hedge funds own 80.74% of the company’s stock.

Canadian National Railway Stock Up 0.2%

Shares of NYSE:CNI opened at $129.77 on Thursday. 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. The company has a 50 day moving average of $121.11 and a two-hundred day moving average of $111.36. The company has a market capitalization of $78.64 billion, a price-to-earnings ratio of 23.01, a price-to-earnings-growth ratio of 2.44 and a beta of 0.96.

Canadian National Railway (NYSE:CNI – Get Free Report) (TSE:CNR) last posted its quarterly earnings data on Friday, July 24th. The transportation company reported $1.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.39 by $0.11. Canadian National Railway had a net margin of 26.92% and a return on equity of 22.22%. The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.26 billion. During the same quarter last year, the firm posted $1.87 earnings per share. The business’s quarterly revenue was up 11.3% on a year-over-year basis. As a group, analysts forecast that Canadian National Railway Company will post 5.75 earnings per share for the current fiscal year.

Canadian National Railway Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 8th will be paid a dividend of $0.915 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.66 annualized dividend and a yield of 2.8%. Canadian National Railway’s payout ratio is 47.34%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on CNI. Bank of America increased their target price on shares of Canadian National Railway from $132.00 to $134.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Stephens raised shares of Canadian National Railway to a “hold” rating in a research report on Wednesday, July 8th. Canadian Imperial Bank of Commerce raised their target price on shares of Canadian National Railway from C$182.00 to C$185.00 and gave the company an “outperformer” rating in a research note on Thursday, June 25th. Weiss Ratings raised shares of Canadian National Railway from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday. Finally, Citigroup increased their price target on Canadian National Railway from $124.00 to $141.00 and gave the company a “buy” rating in a report on Thursday, July 9th. Eight research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Canadian National Railway presently has an average rating of “Hold” and a consensus price target of $137.40.

Read Our Latest 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.