Guardian Partners Inc. Sells 15,833 Shares of Canadian Natural Resources Limited $CNQ

Guardian Partners Inc. lowered its position in Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 3.2% during the third quarter, Holdings Channel reports. The firm owned 482,719 shares of the oil and gas producer’s stock after selling 15,833 shares during the period. Canadian Natural Resources comprises 1.3% of Guardian Partners Inc.’s portfolio, making the stock its 22nd largest holding. Guardian Partners Inc.’s holdings in Canadian Natural Resources were worth $15,355,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of CNQ. Vanguard Group Inc. lifted its holdings in Canadian Natural Resources by 1.9% in the third quarter. Vanguard Group Inc. now owns 92,486,389 shares of the oil and gas producer’s stock valued at $2,957,252,000 after buying an additional 1,744,290 shares during the period. Fisher Asset Management LLC grew its holdings in Canadian Natural Resources by 4.5% during the 2nd quarter. Fisher Asset Management LLC now owns 47,939,585 shares of the oil and gas producer’s stock worth $1,505,303,000 after acquiring an additional 2,051,714 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Canadian Natural Resources by 10.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 27,359,777 shares of the oil and gas producer’s stock worth $855,414,000 after acquiring an additional 2,546,233 shares during the period. Geode Capital Management LLC raised its position in shares of Canadian Natural Resources by 19.8% in the 2nd quarter. Geode Capital Management LLC now owns 17,146,792 shares of the oil and gas producer’s stock worth $548,214,000 after acquiring an additional 2,832,155 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Canadian Natural Resources by 2.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 14,092,637 shares of the oil and gas producer’s stock valued at $442,509,000 after purchasing an additional 399,945 shares during the period. 74.03% of the stock is currently owned by institutional investors and hedge funds.

More Canadian Natural Resources News

Here are the key news stories impacting Canadian Natural Resources this week:

• Positive Sentiment: Q4 beat, record production and dividend bump — CNQ beat consensus EPS and revenue, reported record production (~1.66 mmboe/d), and raised the quarterly dividend ~6.4%, signaling strong cash generation and a shareholder‑friendly stance. Canadian Natural: Huge Gains, Dividend Increase, Earnings Beat
• Positive Sentiment: Analyst upgrade/target lift — RBC Capital raised its price target to $65 and kept an Outperform rating, implying meaningful upside versus current levels and likely supporting the rally. RBC price target raise (Benzinga)
• Positive Sentiment: Oil price tailwind — WTI above $75 amid geopolitical tensions, which benefits CNQ’s North American production profile and helps near‑term cash flow. Oil Prices Above $75 (Zacks)
• Neutral Sentiment: Earnings detail & mixed metrics — official releases and transcripts confirm the beat, higher revenue and stronger operating cash flow, but operating profit and EPS were down YoY in some disclosures, creating a more nuanced profitability picture. Q4 results (Newsfile)
• Neutral Sentiment: Call/transcript available — The Q4 earnings call transcript and materials provide management color on production, capital spending and the updated capital allocation framework for investors doing deeper diligence. Q4 2025 earnings call transcript
• Negative Sentiment: Pause of $8.25B oil‑sands expansion — Management paused a major oil‑sands expansion, citing carbon‑policy uncertainty; this could limit future growth optionality and highlights regulatory/transition risk for the company’s heavier assets. Pause of oil-sands expansion (Globe & Mail)

Canadian Natural Resources Stock Performance

Shares of CNQ opened at $46.43 on Friday. Canadian Natural Resources Limited has a one year low of $24.65 and a one year high of $46.85. The company has a market cap of $96.79 billion, a PE ratio of 12.58 and a beta of 0.63. The stock has a 50-day moving average of $37.85 and a 200-day moving average of $34.12. The company has a debt-to-equity ratio of 0.41, a current ratio of 0.86 and a quick ratio of 0.53.

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) last posted its quarterly earnings results on Thursday, March 5th. The oil and gas producer reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.06. The business had revenue of $6.89 billion for the quarter, compared to the consensus estimate of $6.64 billion. Canadian Natural Resources had a return on equity of 18.24% and a net margin of 24.48%.During the same period in the prior year, the business earned $0.93 EPS. On average, equities research analysts predict that Canadian Natural Resources Limited will post 2.45 EPS for the current fiscal year.

Canadian Natural Resources Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 7th. Stockholders of record on Friday, March 20th will be given a dividend of $0.625 per share. The ex-dividend date of this dividend is Friday, March 20th. This is a positive change from Canadian Natural Resources’s previous quarterly dividend of $0.59. This represents a $2.50 dividend on an annualized basis and a dividend yield of 5.4%. Canadian Natural Resources’s payout ratio is currently 45.53%.

Analyst Upgrades and Downgrades

Several brokerages recently commented on CNQ. Evercore lowered Canadian Natural Resources from an “outperform” rating to an “in-line” rating in a research report on Tuesday, January 6th. Royal Bank Of Canada boosted their price target on Canadian Natural Resources from $61.00 to $65.00 and gave the company an “outperform” rating in a research note on Friday. Wall Street Zen upgraded Canadian Natural Resources from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Zacks Research downgraded shares of Canadian Natural Resources from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 19th. Finally, The Goldman Sachs Group set a $35.00 price objective on shares of Canadian Natural Resources and gave the company a “buy” rating in a research note on Friday, January 2nd. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Canadian Natural Resources presently has a consensus rating of “Hold” and a consensus price target of $50.00.

Canadian Natural Resources Company Profile

Canadian Natural Resources Limited (NYSE: CNQ) is a Calgary-based independent oil and natural gas exploration and production company. Established in the early 1970s and publicly listed in Canada and the United States, the company is principally engaged in the exploration, development, production, and marketing of crude oil, natural gas and natural gas liquids. Its asset base spans conventional and unconventional reservoirs and includes oil sands mining and in-situ thermal projects, midstream processing and upgrading capacity, and related field operations.

The company’s operations are concentrated in Western Canada, where it develops heavy crude, bitumen from oil sands and conventional light crude and natural gas resources.