Gibbs Wealth Management Invests $861,000 in Canadian National Railway Company $CNI

Gibbs Wealth Management acquired a new stake in Canadian National Railway Company (NYSE:CNIFree Report) (TSE:CNR) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 8,377 shares of the transportation company’s stock, valued at approximately $861,000.

A number of other institutional investors have also modified their holdings of the company. State of Wyoming raised its holdings in Canadian National Railway by 12.9% in the first quarter. State of Wyoming now owns 8,612 shares of the transportation company’s stock valued at $884,000 after buying an additional 986 shares during the period. Westpac Banking Corp acquired a new position in Canadian National Railway during the first quarter valued at approximately $195,000. Saturna Capital Corp grew its stake in Canadian National Railway by 4.2% during the first quarter. Saturna Capital Corp now owns 400,263 shares of the transportation company’s stock worth $41,135,000 after buying an additional 16,049 shares during the period. Oslo Pensjonsforsikring AS purchased a new stake in Canadian National Railway during the first quarter worth approximately $400,000. Finally, Summit Global Investments acquired a new stake in shares of Canadian National Railway in the first quarter worth $537,000. Hedge funds and other institutional investors own 80.74% of the company’s stock.

Canadian National Railway Price Performance

CNI opened at $129.53 on Friday. The company has a fifty day simple moving average of $120.15 and a 200 day simple moving average of $110.64. The firm has a market cap of $78.50 billion, a price-to-earnings ratio of 23.55, a PEG ratio of 2.49 and a beta of 0.96. Canadian National Railway Company has a twelve month low of $90.74 and a twelve month high of $131.55. The company has a current ratio of 0.67, a quick ratio of 0.49 and a debt-to-equity ratio of 0.95.

Canadian National Railway (NYSE:CNIGet 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. Canadian National Railway had a net margin of 27.22% and a return on equity of 21.90%. The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.26 billion. During the same quarter in the previous year, the firm posted $1.87 EPS. The firm’s quarterly revenue was up 11.3% on a year-over-year basis. Equities research analysts expect that Canadian National Railway Company will post 5.67 EPS for the current fiscal year.

Canadian National Railway Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.915 per share. The ex-dividend date is Tuesday, September 8th. This represents a $3.66 annualized dividend and a dividend yield of 2.8%. Canadian National Railway’s dividend payout ratio (DPR) is currently 48.55%.

Trending Headlines about Canadian National Railway

Here are the key news stories impacting Canadian National Railway this week:

  • Positive Sentiment: CNI posted second-quarter earnings of $2.08 per share, well above the $1.39 consensus estimate, while revenue rose 11.3% year over year, signaling stronger operational performance. Article Title
  • Positive Sentiment: The company raised its 2026 guidance and increased its volume outlook, which suggests management expects demand trends and network utilization to remain supportive. Article Title
  • Positive Sentiment: CN also announced a quarterly dividend of C$0.915 per share, reinforcing its capital-return profile for income-focused investors. Article Title
  • Positive Sentiment: CN and Union Pacific announced an agreement to improve North American rail connectivity, which could create new cross-border service opportunities and expand customer access. Article Title

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CNI shares. Wells Fargo & Company raised their target price on shares of Canadian National Railway from $110.00 to $135.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Sanford C. Bernstein upped their price target on shares of Canadian National Railway from $113.88 to $117.36 and gave the stock a “market perform” rating in a research report on Tuesday, March 31st. Evercore upgraded Canadian National Railway from an “in-line” rating to an “outperform” rating and set a $124.00 price target for the company in a report on Thursday, June 25th. Susquehanna reissued a “neutral” rating and issued a $140.00 price objective (up from $138.00) on shares of Canadian National Railway in a research report on Tuesday, July 14th. Finally, Barclays boosted their price objective on Canadian National Railway from $99.00 to $109.00 and gave the stock an “equal weight” rating in a research note on Thursday, June 25th. Eight equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, Canadian National Railway presently has an average rating of “Moderate Buy” and a consensus target price of $132.12.

View 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.

Further Reading

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Institutional Ownership by Quarter for Canadian National Railway (NYSE:CNI)

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