Maverick Capital Ltd. Makes New $1.93 Million Investment in Canadian National Railway Company $CNI

Maverick Capital Ltd. acquired a new stake in shares of Canadian National Railway Company (NYSE:CNI) (TSE:CNR) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 18,775 shares of the transportation company’s stock, valued at approximately $1,933,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CNI. Quantinno Capital Management LP lifted its holdings in shares of Canadian National Railway by 33.0% during the 1st quarter. Quantinno Capital Management LP now owns 89,902 shares of the transportation company’s stock valued at $9,239,000 after buying an additional 22,312 shares during the last quarter. Polar Asset Management Partners Inc. increased its holdings in Canadian National Railway by 193.4% in the first quarter. Polar Asset Management Partners Inc. now owns 205,400 shares of the transportation company’s stock worth $21,107,000 after buying an additional 135,400 shares during the last quarter. Lazard Asset Management LLC increased its holdings in Canadian National Railway by 2.0% in the first quarter. Lazard Asset Management LLC now owns 9,077,518 shares of the transportation company’s stock worth $934,488,000 after buying an additional 173,894 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new position in Canadian National Railway during the first quarter valued at approximately $59,507,000. Finally, Lombard Odier Asset Management Switzerland SA bought a new position in Canadian National Railway during the first quarter valued at approximately $1,137,000. Hedge funds and other institutional investors own 80.74% of the company’s stock.

Canadian National Railway News Summary

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.

Analysts Set New Price Targets

CNI has been the subject of several recent research reports. Royal Bank Of Canada boosted their target price on shares of Canadian National Railway from $195.00 to $205.00 and gave the stock an “outperform” rating in a research report on Monday. Sanford C. Bernstein raised their price target on shares of Canadian National Railway from $113.88 to $117.36 and gave the company a “market perform” rating in a report on Tuesday, March 31st. Stephens raised shares of Canadian National Railway to a “hold” rating in a research note on Wednesday, July 8th. Citigroup upped their price objective on shares of Canadian National Railway from $124.00 to $141.00 and gave the stock a “buy” rating in a report on Thursday, July 9th. Finally, Canadian Imperial Bank of Commerce increased their target price on shares of Canadian National Railway from C$182.00 to C$185.00 and gave the stock 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 assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $137.40.

Canadian National Railway Trading Down 0.4%

Shares of NYSE: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 stock’s 50-day moving average is $120.48 and its 200-day moving average is $110.92. The company has a market cap of $78.12 billion, a P/E ratio of 22.85, a P/E/G ratio of 2.47 and a beta of 0.96. 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 posted its quarterly earnings data 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. 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 during the quarter, compared to analysts’ expectations of $3.26 billion. During the same quarter in the previous year, the firm earned $1.87 EPS. The firm’s revenue was up 11.3% compared to the same quarter last year. Equities research analysts predict that Canadian National Railway Company will post 5.67 earnings per share for the current year.

Canadian National Railway Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 8th will be issued a dividend of $0.915 per share. The ex-dividend date 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 payout ratio is 45.57%.

Canadian National Railway 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.