Lombard Odier Asset Management USA Corp reduced its stake in shares of Canadian National Railway Company (NYSE:CNI – Free Report) (TSE:CNR) by 23.8% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 13,598 shares of the transportation company’s stock after selling 4,249 shares during the period. Lombard Odier Asset Management USA Corp’s holdings in Canadian National Railway were worth $1,397,000 as of its most recent filing with the SEC.
A number of other institutional investors have also recently bought and sold shares of the stock. High Point Wealth Management LLC acquired a new position in shares of Canadian National Railway in the fourth quarter valued at approximately $27,000. Curio Wealth LLC bought a new stake in shares of Canadian National Railway during the fourth quarter worth $31,000. MidFirst Bank acquired a new stake in shares of Canadian National Railway during the fourth quarter worth $31,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Canadian National Railway by 378.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 354 shares of the transportation company’s stock worth $35,000 after acquiring an additional 280 shares during the period. Finally, MBM Wealth Consultants LLC bought a new stake in Canadian National Railway in the 1st quarter valued at $37,000. Institutional investors own 80.74% of the company’s stock.
Analysts Set New Price Targets
CNI has been the subject of a number of research analyst reports. Stephens raised shares of Canadian National Railway to a “hold” rating in a research note on Wednesday, July 8th. National Bank Financial set a $124.00 price target on Canadian National Railway in a research note on Thursday, June 25th. Citizens Jmp initiated coverage on Canadian National Railway in a report on Wednesday, July 15th. They issued a “market perform” rating on the stock. Barclays upped their price objective on Canadian National Railway from $99.00 to $109.00 and gave the stock an “equal weight” rating in a research report on Thursday, June 25th. Finally, Canadian Imperial Bank of Commerce increased their price objective on Canadian National Railway from C$182.00 to C$185.00 and gave the stock an “outperformer” rating in a report on Thursday, June 25th. Eight equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $132.12.
Canadian National Railway Stock Performance
Shares of CNI opened at $129.53 on Friday. Canadian National Railway Company has a 12 month low of $90.74 and a 12 month high of $131.55. The firm has a fifty day simple moving average of $120.15 and a 200 day simple moving average of $110.64. The stock has a market capitalization of $78.50 billion, a price-to-earnings ratio of 22.97, a PEG ratio of 2.47 and a beta of 0.96. 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:CNI – Get Free Report) (TSE:CNR) last issued 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 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 analyst estimates of $3.26 billion. During the same period in the previous year, the business earned $1.87 EPS. The company’s revenue was up 11.3% compared to the same quarter last year. Research analysts forecast that Canadian National Railway Company will post 5.67 EPS for the current fiscal year.
Canadian National Railway Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 8th will be issued a $0.915 dividend. 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 presently 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
Canadian National Railway Company Profile
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.
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