Connor Clark & Lunn Investment Management Ltd. Invests $802.98 Million in Canadian Pacific Kansas City Limited $CP

Posted by Brian Himes on Aug 24th, 2026

Connor Clark & Lunn Investment Management Ltd. bought a new stake in Canadian Pacific Kansas City Limited (NYSE:CP – Free Report) (TSE:CP) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 9,270,972 shares of the transportation company’s stock, valued at approximately $802,983,000. Canadian Pacific Kansas City comprises approximately 1.5% of Connor Clark & Lunn Investment Management Ltd.’s holdings, making the stock its 10th largest position.

Several other hedge funds and other institutional investors have also bought and sold shares of CP. Intech Investment Management LLC grew its stake in Canadian Pacific Kansas City by 16.0% in the 1st quarter. Intech Investment Management LLC now owns 21,276 shares of the transportation company’s stock valued at $1,493,000 after purchasing an additional 2,940 shares during the period. Acadian Asset Management LLC purchased a new position in shares of Canadian Pacific Kansas City in the 1st quarter worth about $35,000. Sivia Capital Partners LLC purchased a new position in shares of Canadian Pacific Kansas City in the 2nd quarter worth about $206,000. Prudential Financial Inc. grew its position 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 valued at $411,000 after buying an additional 415 shares during the period. Finally, EverSource Wealth Advisors LLC increased its holdings in Canadian Pacific Kansas City by 39.3% during the second quarter. EverSource Wealth Advisors LLC now owns 1,307 shares of the transportation company’s stock worth $104,000 after buying an additional 369 shares during the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Canadian Pacific Kansas City Stock Performance

Shares of CP opened at $96.81 on Monday. The stock’s 50-day simple moving average is $90.21 and its 200 day simple moving average is $86.24. The stock has a market capitalization of $85.04 billion, a price-to-earnings ratio of 31.13, a price-to-earnings-growth ratio of 1.89 and a beta of 1.10. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.50 and a current ratio of 0.59. Canadian Pacific Kansas City Limited has a 52-week low of $68.42 and a 52-week high of $96.90.

Canadian Pacific Kansas City (NYSE:CP – Get Free Report) (TSE:CP) last posted its earnings results on Wednesday, July 29th. The transportation company reported $0.92 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.03. The business had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.89 billion. Canadian Pacific Kansas City had a return on equity of 9.02% and a net margin of 25.02%.The company’s quarterly revenue was up 12.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.12 EPS. Research analysts forecast that Canadian Pacific Kansas City Limited will post 3.7 EPS for the current fiscal year.

Canadian Pacific Kansas City Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th. Investors of record on Friday, September 25th will be paid a dividend of $0.268 per share. The ex-dividend date of this dividend is Friday, September 25th. This represents a $1.07 annualized dividend and a yield of 1.1%. Canadian Pacific Kansas City’s payout ratio is currently 25.08%.

Analyst Upgrades and Downgrades

Several analysts have commented on CP shares. Scotiabank reaffirmed an “outperform” rating on shares of Canadian Pacific Kansas City in a research report on Thursday, July 16th. Argus set a $105.00 price target on shares of Canadian Pacific Kansas City in a research note on Tuesday, June 16th. Stephens raised shares of Canadian Pacific Kansas City to a “hold” rating in a report on Wednesday, July 8th. Evercore set a $99.00 price objective on Canadian Pacific Kansas City in a report on Thursday, July 30th. Finally, Wells Fargo & Company raised their target price on Canadian Pacific Kansas City from $90.00 to $100.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 8th. 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 company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $108.60.

Read Our Latest Stock Report on Canadian Pacific Kansas City

Canadian Pacific Kansas City Profile

(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.