Van ECK Associates Corp Acquires 4,878 Shares of Canadian National Railway Company $CNI

Posted by Brenda Bartman on Aug 31st, 2026

Van ECK Associates Corp grew its stake in Canadian National Railway Company (NYSE:CNI – Free Report) (TSE:CNR) by 1.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 273,682 shares of the transportation company’s stock after acquiring an additional 4,878 shares during the period. Van ECK Associates Corp’s holdings in Canadian National Railway were worth $32,622,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Pin Oak Investment Advisors Inc. acquired a new position in Canadian National Railway during the second quarter valued at approximately $27,000. Curio Wealth LLC acquired a new position in shares of Canadian National Railway during the 4th quarter worth approximately $31,000. MidFirst Bank acquired a new position in shares of Canadian National Railway during the 4th quarter worth approximately $31,000. Caitong International Asset Management Co. Ltd increased its position in shares of Canadian National Railway by 378.4% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 354 shares of the transportation company’s stock worth $35,000 after purchasing an additional 280 shares during the last quarter. Finally, MBM Wealth Consultants LLC bought a new stake in shares of Canadian National Railway during the 1st quarter worth approximately $37,000. Institutional investors and hedge funds own 80.74% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Royal Bank Of Canada raised their target price on shares of Canadian National Railway from $195.00 to $205.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Evercore raised shares of Canadian National Railway from an “in-line” rating to an “outperform” rating and set a $124.00 price target on the stock in a research report on Thursday, June 25th. Susquehanna restated a “neutral” rating and set a $140.00 price objective (up from $138.00) on shares of Canadian National Railway in a research note on Tuesday, July 14th. Bank of America upped their target price on shares of Canadian National Railway from $132.00 to $134.00 and gave the company a “buy” rating in a report on Tuesday, June 23rd. Finally, Citizens Jmp initiated coverage on shares of Canadian National Railway in a research note on Wednesday, July 15th. They issued a “market perform” rating for the company. Nine analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $137.40.

Get Our Latest Stock Report on CNI

Canadian National Railway Stock Down 0.1%

CNI stock opened at $125.89 on Monday. 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 market capitalization of $76.18 billion, a PE ratio of 22.32, a PEG ratio of 2.35 and a beta of 0.95. Canadian National Railway Company has a 1-year low of $90.74 and a 1-year high of $131.55. The business’s 50 day simple moving average is $125.18 and its 200 day simple moving average is $115.68.

Canadian National Railway (NYSE:CNI – Get Free Report) (TSE:CNR) last announced its quarterly earnings results on Friday, July 24th. The transportation company reported $1.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.39 by $0.11. Canadian National Railway had a return on equity of 22.22% and a net margin of 26.92%.The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.26 billion. During the same quarter last year, the firm posted $1.87 EPS. The company’s quarterly revenue was up 11.3% on a year-over-year basis. As a group, research analysts anticipate that Canadian National Railway Company will post 5.81 EPS for the current year.

Canadian National Railway Announces Dividend

The business 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. This represents a $3.66 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Tuesday, September 8th. Canadian National Railway’s dividend payout ratio (DPR) is currently 47.34%.

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.