Canadian National Railway Company $CNI Stock Position Decreased by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio trimmed its stake in Canadian National Railway Company (NYSE:CNI) (TSE:CNR) by 36.5% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 109,354 shares of the transportation company’s stock after selling 62,837 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Canadian National Railway were worth $11,230,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Scharf Investments LLC purchased a new position in Canadian National Railway in the 4th quarter worth about $8,283,000. Fisher Asset Management LLC lifted its stake in Canadian National Railway by 10.5% during the fourth quarter. Fisher Asset Management LLC now owns 2,279,778 shares of the transportation company’s stock valued at $225,356,000 after buying an additional 216,963 shares in the last quarter. Norges Bank purchased a new stake in Canadian National Railway during the fourth quarter valued at about $570,161,000. Clean Energy Transition LLP acquired a new position in shares of Canadian National Railway in the fourth quarter worth about $47,268,000. Finally, QV Investors Inc. boosted its holdings in shares of Canadian National Railway by 7.4% in the fourth quarter. QV Investors Inc. now owns 629,069 shares of the transportation company’s stock worth $62,299,000 after buying an additional 43,523 shares during the period. 80.74% of the stock is owned by institutional investors and hedge funds.

Canadian National Railway Trading Up 0.0%

Shares of NYSE CNI opened at $129.53 on Monday. Canadian National Railway Company has a one year low of $90.74 and a one year high of $131.55. The firm has a market capitalization of $78.50 billion, a PE 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. The business has a 50-day moving average price of $120.15 and a two-hundred day moving average price of $110.72.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last released its earnings results on Friday, July 24th. The transportation company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.11. The company had revenue of $3.35 billion for the quarter, compared to analysts’ expectations of $3.26 billion. Canadian National Railway had a return on equity of 22.33% and a net margin of 26.92%.The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.87 EPS. As a group, analysts predict that Canadian National Railway Company will post 5.67 earnings per share 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. Investors of record on Tuesday, September 8th will be given a dividend of $0.915 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.66 dividend on an annualized basis and a yield of 2.8%. Canadian National Railway’s payout ratio is presently 48.55%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on CNI shares. Sanford C. Bernstein lifted their target price on shares of 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. Citigroup upped their price target 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. Bank of America raised their price objective on shares of Canadian National Railway from $132.00 to $134.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Wells Fargo & Company lifted their price objective on shares of Canadian National Railway from $110.00 to $135.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 8th. Finally, Canadian Imperial Bank of Commerce boosted 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. Eight investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $132.12.

More Canadian National Railway News

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.