Soltis Investment Advisors LLC acquired a new position in shares of Canadian National Railway Company (NYSE:CNI – Free Report) (TSE:CNR) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 16,324 shares of the transportation company’s stock, valued at approximately $1,941,000.
Several other hedge funds also recently made changes to their positions in the company. Pin Oak Investment Advisors Inc. purchased a new stake in shares of Canadian National Railway in the 2nd quarter valued at about $27,000. Financial Network Wealth Advisors LLC boosted its position in shares of Canadian National Railway by 103.4% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 238 shares of the transportation company’s stock valued at $28,000 after purchasing an additional 121 shares during the period. Root Financial Partners LLC acquired a new stake in shares of Canadian National Railway in the 3rd quarter valued at about $30,000. Balance Wealth Partners LLC purchased a new position in Canadian National Railway during the 3rd quarter worth approximately $40,000. Finally, Cassaday & Co Wealth Management LLC purchased a new position in Canadian National Railway during the 1st quarter worth approximately $46,000. 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: CN reported third-quarter adjusted earnings of C$1.54 per share, exceeding the Zacks consensus estimate of C$1.49. Coverage also described higher profit and a revenue surge, helped by strong pricing across freight segments, indicating resilient demand and pricing power. Canadian National Surpasses Q3 Earnings and Revenue Estimates
- Positive Sentiment: The board approved a fourth-quarter dividend of C$0.915 per share, payable December 30 to shareholders of record on December 9. The continued dividend reinforces CNI’s income appeal and signals confidence in cash generation. CN Declares Fourth-Quarter 2026 Dividend
- Neutral Sentiment: The quarter’s results and operating performance were released before the market, giving investors updated information on freight demand, pricing and execution. The earnings beat is favorable, although investors may focus on the complete outlook and management commentary for evidence that momentum can continue. CN Delivers Strong Third Quarter Performance
- Negative Sentiment: CFO Ghislain Houle will retire effective February 1, 2027, with investor-relations executive Jamie Lockwood succeeding him. The internal appointment should support continuity, but leadership changes can temporarily increase execution and oversight concerns. CN Announces CFO Retirement and Successor
Wall Street Analysts Forecast Growth
Several research analysts have commented on CNI shares. Benchmark reaffirmed a “hold” rating on shares of Canadian National Railway in a research report on Monday, July 27th. Barclays boosted their price objective on Canadian National Railway from $109.00 to $130.00 and gave the company an “equal weight” rating in a research note on Monday, July 27th. Weiss Ratings raised Canadian National Railway from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, August 13th. Royal Bank Of Canada raised 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, July 27th. Finally, Citizens Jmp began coverage on shares of Canadian National Railway in a report on Wednesday, July 15th. They issued a “market perform” rating on the stock. Nine equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $137.49.
Canadian National Railway Price Performance
Shares of NYSE:CNI opened at $123.82 on Friday. Canadian National Railway Company has a one year low of $90.74 and a one year high of $131.55. The stock has a market capitalization of $74.61 billion, a price-to-earnings ratio of 21.95, a PEG ratio of 2.22 and a beta of 0.96. The company has a 50-day simple moving average of $121.69 and a 200-day simple moving average of $115.34. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.61 and a current ratio of 0.87.
Canadian National Railway (NYSE:CNI – Get Free Report) (TSE:CNR) last released its quarterly earnings results on Friday, October 30th. The transportation company reported $1.54 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.49 by $0.05. The firm had revenue of $3.35 billion for the quarter, compared to analyst estimates of $3.27 billion. Canadian National Railway had a return on equity of 22.22% and a net margin of 26.92%. The business’s revenue was down 99.9% on a year-over-year basis. During the same quarter last year, the company posted $1.83 earnings per share. On average, analysts predict that Canadian National Railway Company will post 5.80 EPS for the current year.
Canadian National Railway Company Profile
Canadian National Railway Company (NYSE: CNI) is a transportation and logistics company that operates a major freight railway network across Canada and the United States. The company provides rail, intermodal and related transportation services for shippers, connecting production and consumption centers with ports and distribution hubs.
CN transports a broad range of commodities and manufactured goods, including petroleum and chemicals, grain and fertilizers, forest products, metals and minerals, coal, automotive products and consumer goods.
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