MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd Sells 14,934 Shares of Canadian National Railway Company $CNI

Posted by Geri Gentry on Oct 29th, 2026

MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd lowered its holdings in Canadian National Railway Company (NYSE:CNI – Free Report) (TSE:CNR) by 4.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 309,176 shares of the transportation company’s stock after selling 14,934 shares during the period. Canadian National Railway comprises 4.7% of MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd’s holdings, making the stock its 4th biggest holding. MORGUARD LINCLUDEN GLOBAL INVESTMENTS Ltd’s holdings in Canadian National Railway were worth $36,761,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. OMERS ADMINISTRATION Corp bought a new stake in shares of Canadian National Railway in the 1st quarter worth approximately $59,507,000. Bank of New York Mellon Corp acquired a new stake in Canadian National Railway during the second quarter valued at approximately $65,922,000. Swiss National Bank boosted its holdings in Canadian National Railway by 26.3% during the first quarter. Swiss National Bank now owns 1,761,000 shares of the transportation company’s stock worth $180,986,000 after buying an additional 367,100 shares in the last quarter. TD Waterhouse Canada Inc. boosted its holdings in Canadian National Railway by 5.8% during the third quarter. TD Waterhouse Canada Inc. now owns 4,546,356 shares of the transportation company’s stock worth $532,519,000 after buying an additional 248,401 shares in the last quarter. Finally, Ninepoint Partners LP bought a new stake in Canadian National Railway during the second quarter worth approximately $27,933,000. Institutional investors and hedge funds own 80.74% of the company’s stock.

Canadian National Railway Price Performance

NYSE CNI opened at $124.31 on Thursday. The stock’s 50-day moving average price is $121.85 and its two-hundred day moving average price is $115.09. 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 company has a market cap of $74.90 billion, a PE ratio of 22.04, a PEG ratio of 2.21 and a beta of 0.96. Canadian National Railway Company has a 1 year low of $90.74 and a 1 year high of $131.55.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Stephens upgraded shares of Canadian National Railway to a “hold” rating in a research report on Wednesday, July 8th. Royal Bank Of Canada increased 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, July 27th. Citizens Jmp began coverage on Canadian National Railway in a research note on Wednesday, July 15th. They set a “market perform” rating for the company. Citigroup reduced their price objective on Canadian National Railway from $151.00 to $143.00 and set a “buy” rating for the company in a research note on Wednesday, October 7th. Finally, Wells Fargo & Company lifted their target price on Canadian National Railway from $135.00 to $145.00 and gave the stock an “overweight” rating in a report on Monday, July 27th. Nine equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat, Canadian National Railway presently has a consensus rating of “Hold” and a consensus target price of $137.49.

Read Our Latest Report on Canadian National Railway

Canadian National Railway Profile

(Free Report)

Canadian National Railway Company (NYSE: CNI) is a transportation and logistics company that operates a major freight railway network across Canada and the United States. The company provides rail, intermodal and related transportation services for shippers, connecting production and consumption centers with ports and distribution hubs.

CN transports a broad range of commodities and manufactured goods, including petroleum and chemicals, grain and fertilizers, forest products, metals and minerals, coal, automotive products and consumer goods.