Canadian National Railway Company $CNI Shares Sold by First Trust Advisors LP

First Trust Advisors LP decreased its holdings in Canadian National Railway Company (NYSE:CNI) (TSE:CNR) by 6.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 343,621 shares of the transportation company’s stock after selling 24,145 shares during the quarter. First Trust Advisors LP’s holdings in Canadian National Railway were worth $35,314,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Westpac Banking Corp purchased a new stake in shares of Canadian National Railway in the first quarter valued at about $195,000. Saturna Capital Corp grew its holdings in shares of 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 last quarter. Oslo Pensjonsforsikring AS purchased a new position in shares of Canadian National Railway during the first quarter worth about $400,000. Summit Global Investments acquired a new position in Canadian National Railway in the 1st quarter valued at about $537,000. Finally, Cassaday & Co Wealth Management LLC acquired a new position in Canadian National Railway in the 1st quarter valued at about $46,000. Institutional investors and hedge funds own 80.74% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on CNI shares. Sanford C. Bernstein increased their price objective on 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. Citizens Jmp began coverage on Canadian National Railway in a report on Wednesday, July 15th. They issued a “market perform” rating on the stock. 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 research note on Thursday, June 25th. National Bank Financial set a $124.00 price target on Canadian National Railway in a report on Thursday, June 25th. Finally, Canadian Imperial Bank of Commerce lifted their price objective on shares of Canadian National Railway from C$182.00 to C$185.00 and gave the company an “outperformer” rating in a research report on Thursday, June 25th. Eight equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Canadian National Railway currently has a consensus rating of “Hold” and an average price target of $137.40.

More Canadian National Railway News

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

• Positive Sentiment: Canadian National reported a second-quarter earnings beat, helped by stronger grain and energy volumes that lifted revenue. The company also raised its 2026 outlook, providing a positive signal about freight demand and future earnings potential. Higher fuel costs pressured efficiency, however. Canadian National Q2 Earnings Beat on Grain and Energy Volume Growth
• Positive Sentiment: Royal Bank of Canada raised its price target on CNI to $205 from $195 and maintained an “outperform” rating, indicating substantial expected upside based on its assessment of the railroad’s earnings and operating outlook. Royal Bank of Canada analyst update
• Positive Sentiment: Wells Fargo increased its price target to $145 from $135 and kept an “overweight” rating, reflecting growing confidence in CNI’s business prospects. Wells Fargo analyst update
• Neutral Sentiment: Barclays raised its target to $130 from $109 but retained an “equal weight” rating. The revised target offers limited upside, suggesting the firm sees the shares as broadly fairly valued. Barclays analyst update
• Neutral Sentiment: Analysts collectively assign Canadian National Railway an average “Moderate Buy” rating, indicating constructive but not universally bullish sentiment. Canadian National Railway Receives Moderate Buy Rating
• Negative Sentiment: Higher fuel costs are weighing on efficiency, while the shares’ strong recent run and premium valuation may be encouraging some investors to take profits even after the earnings beat.

Canadian National Railway Price Performance

Shares of NYSE:CNI opened at $128.90 on Tuesday. Canadian National Railway Company has a 52 week low of $90.74 and a 52 week high of $131.55. The company has a 50-day moving average price of $120.48 and a 200 day moving average price of $110.92. The company has a market cap of $78.12 billion, a P/E ratio of 22.85, a PEG ratio of 2.47 and a beta of 0.96. The company has a quick ratio of 0.49, a current ratio of 0.67 and a debt-to-equity ratio of 0.95.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its earnings results on Friday, July 24th. The transportation company reported $1.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.39 by $0.11. The business had revenue of $3.35 billion during the quarter, compared to the consensus estimate of $3.26 billion. Canadian National Railway had a return on equity of 22.33% and a net margin of 26.92%.The company’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.87 EPS. Research analysts predict that Canadian National Railway Company will post 5.67 earnings per share for the current year.

Canadian National Railway Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Tuesday, September 8th will be given a $0.915 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $3.66 annualized dividend and a yield of 2.8%. Canadian National Railway’s dividend payout ratio is presently 48.55%.

About Canadian National Railway

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.