Canadian National Railway Company $CNI Stock Sold by Pictet Asset Management Holding SA

Posted by Brenda Bartman on Nov 11th, 2026

Pictet Asset Management Holding SA trimmed its position in shares of Canadian National Railway Company (NYSE:CNI – Free Report) (TSE:CNR) by 1.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 259,935 shares of the transportation company’s stock after selling 3,991 shares during the period. Pictet Asset Management Holding SA’s holdings in Canadian National Railway were worth $31,015,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of CNI. Focus Financial Network Inc. lifted its holdings in shares of Canadian National Railway by 5.6% during the 3rd quarter. Focus Financial Network Inc. now owns 1,956 shares of the transportation company’s stock worth $233,000 after acquiring an additional 104 shares during the period. Grove Bank & Trust increased its stake in Canadian National Railway by 20.4% in the second quarter. Grove Bank & Trust now owns 673 shares of the transportation company’s stock valued at $80,000 after acquiring an additional 114 shares during the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Canadian National Railway by 1.2% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 9,968 shares of the transportation company’s stock valued at $1,185,000 after purchasing an additional 120 shares in the last quarter. Financial Network Wealth Advisors LLC raised its position in Canadian National Railway by 103.4% during the third quarter. Financial Network Wealth Advisors LLC now owns 238 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 121 shares in the last quarter. Finally, Checchi Capital Advisers LLC raised its position in Canadian National Railway by 5.0% during the first quarter. Checchi Capital Advisers LLC now owns 2,840 shares of the transportation company’s stock valued at $292,000 after purchasing an additional 136 shares in the last quarter. 80.74% of the stock is owned by institutional investors.

Canadian National Railway Stock Performance

NYSE:CNI opened at $126.76 on Wednesday. The stock’s 50-day moving average is $121.64 and its 200-day moving average is $116.32. The stock has a market cap of $76.38 billion, a P/E ratio of 21.78, a price-to-earnings-growth ratio of 2.33 and a beta of 0.90. Canadian National Railway Company has a 1-year low of $90.74 and a 1-year high of $131.55. The company has a current ratio of 0.82, a quick ratio of 0.61 and a debt-to-equity ratio of 0.98.

Canadian National Railway (NYSE:CNI – Get Free Report) (TSE:CNR) last posted its quarterly earnings data on Friday, October 30th. The transportation company reported $1.54 earnings per share for the quarter, beating analysts’ consensus estimates of $1.49 by $0.05. The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.27 billion. Canadian National Railway had a return on equity of 22.82% and a net margin of 26.42%. Canadian National Railway’s quarterly revenue was down 99.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.83 earnings per share. Equities research analysts anticipate that Canadian National Railway Company will post 5.85 earnings per share for the current year.

Canadian National Railway Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 30th. Shareholders of record on Wednesday, December 9th will be given a C$0.92 dividend. This represents a $3.66 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Wednesday, December 9th. Canadian National Railway’s payout ratio is 45.30%.

Analyst Ratings Changes

Several equities analysts have recently issued reports on CNI shares. Wells Fargo & Company lifted their price target on Canadian National Railway from $135.00 to $145.00 and gave the company an “overweight” rating in a research note on Monday, July 27th. Weiss Ratings upgraded Canadian National Railway from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, August 13th. Royal Bank Of Canada raised their price objective on Canadian National Railway from $195.00 to $205.00 and gave the company an “outperform” rating in a research note on Monday, July 27th. Raymond James Financial cut Canadian National Railway from a “moderate buy” rating to a “hold” rating in a research report on Monday, October 19th. Finally, Susquehanna boosted their target price on Canadian National Railway from $130.00 to $140.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 3rd. Nine equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $138.76.

Read Our Latest Research Report on CNI

About Canadian National Railway

(Free Report)

Canadian National Railway, commonly known as CN, is a North American transportation and logistics company that operates a freight rail network connecting Canada’s Atlantic, Pacific and Gulf coasts with the United States. Its network serves customers across Canada and the U.S. Midwest and South. CN transports a range of commodities and manufactured goods, including intermodal shipments, grain and fertilizers, petroleum and chemicals, forest products, metals and minerals, and finished vehicles. The company also provides services such as rail-connected logistics and supply-chain solutions.