Canadian National Railway Company $CNI Shares Acquired by Polar Asset Management Partners Inc.

Polar Asset Management Partners Inc. grew its holdings in shares of Canadian National Railway Company (NYSE:CNI) (TSE:CNR) by 193.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 205,400 shares of the transportation company’s stock after buying an additional 135,400 shares during the period. Polar Asset Management Partners Inc.’s holdings in Canadian National Railway were worth $21,107,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC acquired a new stake in Canadian National Railway in the first quarter worth about $311,000. Focus Partners Wealth increased its stake in Canadian National Railway by 11.1% during the 1st quarter. Focus Partners Wealth now owns 11,514 shares of the transportation company’s stock valued at $1,122,000 after buying an additional 1,146 shares during the period. Schnieders Capital Management LLC. acquired a new position in Canadian National Railway during the 2nd quarter valued at about $202,000. EverSource Wealth Advisors LLC raised its position in shares of Canadian National Railway by 52.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,118 shares of the transportation company’s stock worth $116,000 after buying an additional 383 shares in the last quarter. Finally, Baird Financial Group Inc. raised its position in shares of Canadian National Railway by 2.9% during the 2nd quarter. Baird Financial Group Inc. now owns 17,094 shares of the transportation company’s stock worth $1,778,000 after buying an additional 474 shares in the last quarter. 80.74% of the stock is currently owned by institutional investors and hedge funds.

Canadian National Railway Stock Performance

Canadian National Railway stock opened at $129.53 on Monday. The firm’s 50 day simple moving average is $120.15 and its 200-day simple moving average is $110.72. The company has a market cap of $78.50 billion, a P/E ratio of 22.97, a price-to-earnings-growth ratio of 2.47 and a beta of 0.96. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.67 and a quick ratio of 0.49. Canadian National Railway Company has a fifty-two week low of $90.74 and a fifty-two week high of $131.55.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its earnings results on Friday, July 24th. The transportation company reported $1.50 EPS 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 last year, the firm posted $1.87 earnings per share. Canadian National Railway’s revenue was up 11.3% compared to the same quarter last year. As a group, equities research analysts predict that Canadian National Railway Company will post 5.67 EPS for the current year.

Canadian National Railway Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 8th will be issued a $0.915 dividend. The ex-dividend date is Tuesday, September 8th. This represents a $3.66 dividend on an annualized basis and a yield of 2.8%. Canadian National Railway’s dividend payout ratio is currently 48.55%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Canadian Imperial Bank of Commerce increased their price objective on shares of 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. Susquehanna reissued a “neutral” rating and set a $140.00 target price (up from $138.00) on shares of Canadian National Railway in a report on Tuesday, July 14th. Evercore upgraded Canadian National Railway from an “in-line” rating to an “outperform” rating and set a $124.00 target price for the company in a research report on Thursday, June 25th. Weiss Ratings lowered Canadian National Railway from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, July 9th. Finally, Citigroup lifted their price target on Canadian National Railway from $124.00 to $141.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Eight analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $132.12.

Key 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

About Canadian National Railway

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.