The Manufacturers Life Insurance Company Acquires New Shares in Canadian Pacific Kansas City Limited $CP

Posted by George Bondi on Aug 25th, 2026

The Manufacturers Life Insurance Company acquired a new position in shares of Canadian Pacific Kansas City Limited (NYSE:CP – Free Report) (TSE:CP) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,600,778 shares of the transportation company’s stock, valued at approximately $657,672,000.

Several other large investors have also added to or reduced their stakes in CP. Invesco Ltd. increased its position in shares of Canadian Pacific Kansas City by 1.3% during the fourth quarter. Invesco Ltd. now owns 23,431,949 shares of the transportation company’s stock valued at $1,725,294,000 after buying an additional 303,464 shares during the period. FIL Ltd lifted its holdings in shares of Canadian Pacific Kansas City by 20.2% in the fourth quarter. FIL Ltd now owns 16,666,777 shares of the transportation company’s stock worth $1,227,045,000 after buying an additional 2,804,686 shares in the last quarter. Norges Bank bought a new position in shares of Canadian Pacific Kansas City in the fourth quarter valued at approximately $978,558,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Canadian Pacific Kansas City in the second quarter valued at approximately $802,983,000. Finally, Geode Capital Management LLC grew its stake in Canadian Pacific Kansas City by 5.5% during the fourth quarter. Geode Capital Management LLC now owns 8,821,358 shares of the transportation company’s stock valued at $661,339,000 after acquiring an additional 461,724 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Analysts Set New Price Targets

CP has been the topic of a number of analyst reports. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $145.00 target price (up from $139.00) on shares of Canadian Pacific Kansas City in a report on Thursday, July 30th. Wall Street Zen upgraded shares of Canadian Pacific Kansas City from a “sell” rating to a “hold” rating in a research report on Sunday, July 26th. Citigroup boosted their price target on shares of Canadian Pacific Kansas City from $106.00 to $109.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. Canadian Imperial Bank of Commerce increased their price objective on Canadian Pacific Kansas City from C$140.00 to C$143.00 and gave the stock an “outperformer” rating in a research report on Thursday, June 25th. Finally, Citizens Jmp initiated coverage on Canadian Pacific Kansas City in a research note on Wednesday, July 15th. They set a “market perform” rating for the company. One equities research 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’s stock. According to MarketBeat, Canadian Pacific Kansas City has an average rating of “Moderate Buy” and an average price target of $108.60.

View Our Latest Report on Canadian Pacific Kansas City

Canadian Pacific Kansas City Trading Down 2.1%

Shares of CP opened at $94.69 on Tuesday. The firm’s 50 day simple moving average is $90.32 and its 200 day simple moving average is $86.36. The company has a market capitalization of $83.17 billion, a P/E ratio of 30.45, a P/E/G ratio of 1.89 and a beta of 1.10. The company has a debt-to-equity ratio of 0.47, a current ratio of 0.59 and a quick ratio of 0.50. Canadian Pacific Kansas City Limited has a 1-year low of $68.42 and a 1-year high of $96.90.

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

Canadian Pacific Kansas City Announces Dividend

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

Canadian Pacific Kansas City Company 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.