Healthcare of Ontario Pension Plan Trust Fund Has $15.43 Million Stock Position in Canadian National Railway Company $CNI

Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in shares of Canadian National Railway Company (NYSE:CNI) (TSE:CNR) by 179.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 150,000 shares of the transportation company’s stock after acquiring an additional 96,233 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Canadian National Railway were worth $15,433,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. High Point Wealth Management LLC acquired a new position in shares of Canadian National Railway in the fourth quarter worth $27,000. MidFirst Bank acquired a new stake in Canadian National Railway during the fourth quarter valued at $31,000. Curio Wealth LLC purchased a new position in Canadian National Railway in the fourth quarter valued at about $31,000. Caitong International Asset Management Co. Ltd grew its stake in Canadian National Railway by 378.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 354 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 280 shares in the last quarter. Finally, MBM Wealth Consultants LLC acquired a new position in Canadian National Railway in the 1st quarter worth about $37,000. 80.74% of the stock is owned by hedge funds and other institutional investors.

Canadian National Railway Stock Performance

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

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its quarterly earnings data on Friday, July 24th. The transportation company reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.39 by $0.11. Canadian National Railway had a return on equity of 22.33% and a net margin of 26.92%.The business had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.26 billion. During the same period last year, the business earned $1.87 EPS. The firm’s revenue was up 11.3% compared to the same quarter last year. As a group, equities research analysts forecast that Canadian National Railway Company will post 5.67 earnings per share for the current fiscal year.

Canadian National Railway Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 8th will be given a $0.915 dividend. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.66 dividend on an annualized basis and a dividend yield of 2.8%. Canadian National Railway’s dividend payout ratio (DPR) is currently 48.55%.

Key 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.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on CNI. Stephens upgraded Canadian National Railway to a “hold” rating in a report on Wednesday, July 8th. Benchmark restated a “hold” rating on shares of Canadian National Railway in a report on Monday. Citigroup raised their price objective on shares of Canadian National Railway from $124.00 to $141.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Canadian Imperial Bank of Commerce lifted their target price on shares of Canadian National Railway from C$182.00 to C$185.00 and gave the company an “outperformer” rating in a research note on Thursday, June 25th. Finally, Citizens Jmp assumed coverage on shares of Canadian National Railway in a research report on Wednesday, July 15th. They issued a “market perform” rating for the company. Eight investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $137.40.

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.