Principal Financial Group Inc. Sells 12,400 Shares of Canadian National Railway Company $CNI

Principal Financial Group Inc. cut its position in Canadian National Railway Company (NYSE:CNI) (TSE:CNR) by 10.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 102,100 shares of the transportation company’s stock after selling 12,400 shares during the period. Principal Financial Group Inc.’s holdings in Canadian National Railway were worth $10,475,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. High Point Wealth Management LLC bought a new position in shares of Canadian National Railway in the fourth quarter valued at approximately $27,000. Curio Wealth LLC acquired a new position in shares of Canadian National Railway in the 4th quarter worth approximately $31,000. MidFirst Bank bought a new stake in Canadian National Railway during the 4th quarter worth approximately $31,000. Caitong International Asset Management Co. Ltd increased its holdings in 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 valued at $35,000 after purchasing an additional 280 shares in the last quarter. Finally, MBM Wealth Consultants LLC acquired a new stake in Canadian National Railway during the 1st quarter valued at $37,000. 80.74% of the stock is owned by institutional investors.

Key Stories Impacting 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

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on CNI shares. Citizens Jmp assumed coverage on shares of Canadian National Railway in a research note on Wednesday, July 15th. They issued a “market perform” rating for the company. Evercore raised 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 note on Thursday, June 25th. Sanford C. Bernstein raised their price target 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. Stephens raised Canadian National Railway to a “hold” rating in a research note on Wednesday, July 8th. Finally, Canadian Imperial Bank of Commerce upped their price objective on Canadian National Railway from C$182.00 to C$185.00 and gave the company an “outperformer” rating in a report on Thursday, June 25th. Eight research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Canadian National Railway has an average rating of “Moderate Buy” and a consensus target price of $132.12.

Canadian National Railway Stock Down 0.8%

Shares of NYSE CNI opened at $129.53 on Friday. Canadian National Railway Company has a 52-week low of $90.74 and a 52-week high of $131.55. 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 stock has a market cap of $78.50 billion, a P/E ratio of 22.97, a P/E/G ratio of 2.47 and a beta of 0.96. The firm has a 50 day moving average price of $120.15 and a 200 day moving average price of $110.64.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last posted its earnings results on Friday, July 24th. The transportation company reported $1.50 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.11. The company had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.26 billion. Canadian National Railway had a net margin of 27.22% and a return on equity of 21.90%. The business’s revenue for the quarter was up 11.3% compared to the same quarter last year. During the same period last year, the business posted $1.87 earnings per share. Analysts expect that Canadian National Railway Company will post 5.67 EPS 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. Investors of record on Tuesday, September 8th will be paid a dividend of $0.915 per share. This represents a $3.66 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Tuesday, September 8th. Canadian National Railway’s dividend payout ratio (DPR) is presently 48.55%.

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.