Revolve Wealth Partners LLC Takes Position in Canadian National Railway Company $CNI

Revolve Wealth Partners LLC acquired a new position in Canadian National Railway Company (NYSE:CNI) (TSE:CNR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,213 shares of the transportation company’s stock, valued at approximately $502,000.

Several other large investors have also added to or reduced their stakes in CNI. Fisher Asset Management LLC boosted its stake in shares of Canadian National Railway by 10.5% during the 4th quarter. Fisher Asset Management LLC now owns 2,279,778 shares of the transportation company’s stock worth $225,356,000 after buying an additional 216,963 shares during the last quarter. Norges Bank acquired a new stake in shares of Canadian National Railway in the fourth quarter valued at about $570,161,000. Clean Energy Transition LLP bought a new stake in Canadian National Railway during the fourth quarter worth about $47,268,000. Act Two Investors LLC raised its holdings in Canadian National Railway by 35.9% during the fourth quarter. Act Two Investors LLC now owns 146,385 shares of the transportation company’s stock worth $14,470,000 after acquiring an additional 38,688 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in Canadian National Railway by 1.4% during the fourth quarter. Vanguard Group Inc. now owns 24,646,922 shares of the transportation company’s stock valued at $2,437,679,000 after purchasing an additional 346,670 shares during the last quarter. Institutional investors and hedge funds own 80.74% of the company’s stock.

Key Stories Impacting Canadian National Railway

Here are the key news stories impacting Canadian National Railway this week:

• Positive Sentiment: Zacks Research raised several forward earnings estimates. The firm lifted its Q2 2027 EPS forecast to $1.57 from $1.54, Q3 2027 to $1.60 from $1.55, Q1 2028 to $1.66 from $1.65, and Q2 2028 to $1.63 from $1.60. Its FY2028 forecast increased to $6.98 from $6.84, suggesting improved expectations for Canadian National Railway’s longer-term earnings growth. What is Zacks Research’s Forecast for CNI Q3 Earnings?
• Neutral Sentiment: Near-term estimates were mixed. Zacks raised its Q2 2028 forecast but reduced its Q4 2026 EPS estimate to $1.55 from $1.57. The changes leave the current-year consensus at $5.80 per share, indicating limited immediate earnings impact but a somewhat stronger outlook beyond 2026.
• Negative Sentiment: Short interest rose sharply in July. Shares sold short reached 4.65 million as of July 31, up 54.2% from mid-July. Short interest still represents only about 0.8% of shares outstanding, with 2.6 days to cover, so the data signals increased bearish positioning but not an extreme short-squeeze setup.

Canadian National Railway Trading Up 0.8%

Shares of NYSE:CNI opened at $126.16 on Wednesday. Canadian National Railway Company has a 52-week low of $90.74 and a 52-week high of $131.55. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.61 and a current ratio of 0.87. The company has a market capitalization of $76.45 billion, a P/E ratio of 22.37, a price-to-earnings-growth ratio of 2.33 and a beta of 0.95. The company has a 50-day simple moving average of $122.76 and a 200 day simple moving average of $113.12.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last announced its quarterly earnings results on Friday, July 24th. The transportation company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.11. The firm had revenue of $3.35 billion for the quarter, compared to the consensus estimate of $3.26 billion. Canadian National Railway had a return on equity of 22.22% and a net margin of 26.92%.The business’s revenue was up 11.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.87 earnings per share. Sell-side analysts forecast that Canadian National Railway Company will post 5.8 earnings per share for the current year.

Canadian National Railway Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Tuesday, September 8th will be paid a dividend of $0.915 per share. This represents a $3.66 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Tuesday, September 8th. Canadian National Railway’s payout ratio is currently 47.34%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Evercore upgraded Canadian National Railway from an “in-line” rating to an “outperform” rating and set a $124.00 price target for the company in a research note on Thursday, June 25th. Citigroup upped their price objective on Canadian National Railway from $124.00 to $141.00 and gave the stock a “buy” rating in a research note on Thursday, July 9th. Canadian Imperial Bank of Commerce increased their price objective on 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. Bank of America raised their target price on shares of Canadian National Railway from $132.00 to $134.00 and gave the company a “buy” rating in a research note on Tuesday, June 23rd. Finally, Wells Fargo & Company boosted their target price on shares of Canadian National Railway from $135.00 to $145.00 and gave the stock an “overweight” rating in a report on Monday, July 27th. Eight research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $137.40.

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.