Canadian National Railway Company $CNI Holdings Lowered by QV Investors Inc.

Posted by Francis Steltz on Aug 31st, 2026

QV Investors Inc. lowered its position in Canadian National Railway Company (NYSE:CNI – Free Report) (TSE:CNR) by 4.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 591,760 shares of the transportation company’s stock after selling 24,350 shares during the period. Canadian National Railway makes up about 5.4% of QV Investors Inc.’s investment portfolio, making the stock its 2nd biggest position. QV Investors Inc. owned approximately 0.10% of Canadian National Railway worth $70,595,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of CNI. FIL Ltd boosted its position in Canadian National Railway by 49.5% during the fourth quarter. FIL Ltd now owns 15,745,744 shares of the transportation company’s stock worth $1,557,309,000 after purchasing an additional 5,210,403 shares in the last quarter. Caisse de depot et placement du Quebec increased its position in shares of Canadian National Railway by 1.1% in the third quarter. Caisse de depot et placement du Quebec now owns 13,894,922 shares of the transportation company’s stock valued at $1,310,600,000 after buying an additional 157,000 shares in the last quarter. Lazard Asset Management LLC raised its stake in shares of Canadian National Railway by 2.0% during the 1st quarter. Lazard Asset Management LLC now owns 9,077,518 shares of the transportation company’s stock worth $934,488,000 after buying an additional 173,894 shares during the last quarter. Deutsche Bank AG boosted its position in shares of Canadian National Railway by 15.1% in the 4th quarter. Deutsche Bank AG now owns 8,998,101 shares of the transportation company’s stock worth $889,462,000 after buying an additional 1,182,106 shares in the last quarter. Finally, Mackenzie Financial Corp grew its stake in Canadian National Railway by 3.1% in the 4th quarter. Mackenzie Financial Corp now owns 8,894,923 shares of the transportation company’s stock valued at $882,039,000 after acquiring an additional 268,776 shares during the last quarter. 80.74% of the stock is owned by hedge funds and other institutional investors.

Canadian National Railway Trading Down 0.1%

Shares of CNI stock opened at $125.89 on Monday. The company has a market capitalization of $76.18 billion, a price-to-earnings ratio of 22.32, a PEG ratio of 2.35 and a beta of 0.95. The company has a current ratio of 0.87, a quick ratio of 0.61 and a debt-to-equity ratio of 0.99. The firm has a 50-day moving average price of $125.18 and a 200 day moving average price of $115.68. Canadian National Railway Company has a twelve month low of $90.74 and a twelve month 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 (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.11. The company had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.26 billion. Canadian National Railway had a net margin of 26.92% and a return on equity of 22.22%. The firm’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the company earned $1.87 EPS. Research analysts forecast that Canadian National Railway Company will post 5.81 earnings per share for the current fiscal year.

Canadian National Railway Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 8th will be given a dividend of $0.915 per share. The ex-dividend date is Tuesday, September 8th. This represents a $3.66 dividend on an annualized basis and a yield of 2.9%. Canadian National Railway’s dividend payout ratio (DPR) is 47.34%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Royal Bank Of Canada lifted their target price on shares of Canadian National Railway from $195.00 to $205.00 and gave the stock an “outperform” rating in a research report on Monday, July 27th. National Bank Financial set a $124.00 price objective on shares of Canadian National Railway in a research note on Thursday, June 25th. Weiss Ratings raised Canadian National Railway from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Thursday, August 13th. Susquehanna reiterated a “neutral” rating and set a $140.00 target price (up from $138.00) on shares of Canadian National Railway in a report on Tuesday, July 14th. Finally, Evercore upgraded Canadian National Railway from an “in-line” rating to an “outperform” rating and set a $124.00 target price on the stock in a report on Thursday, June 25th. Nine investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $137.40.

Get Our Latest Stock Report on Canadian National Railway

About Canadian National Railway

(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.