Kirr Marbach & Co. LLC IN Increases Stock Holdings in Canadian Pacific Kansas City Limited $CP

Kirr Marbach & Co. LLC IN boosted its stake in Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) by 4.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 171,095 shares of the transportation company’s stock after purchasing an additional 6,803 shares during the quarter. Canadian Pacific Kansas City makes up 2.5% of Kirr Marbach & Co. LLC IN’s portfolio, making the stock its 12th biggest holding. Kirr Marbach & Co. LLC IN’s holdings in Canadian Pacific Kansas City were worth $13,486,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in CP. Rothschild & Co Wealth Management UK Ltd lifted its holdings in Canadian Pacific Kansas City by 0.9% in the fourth quarter. Rothschild & Co Wealth Management UK Ltd now owns 5,353,188 shares of the transportation company’s stock worth $394,156,000 after buying an additional 48,258 shares during the period. Thornburg Investment Management Inc. lifted its stake in shares of Canadian Pacific Kansas City by 12.2% in the 3rd quarter. Thornburg Investment Management Inc. now owns 2,295,096 shares of the transportation company’s stock valued at $170,962,000 after purchasing an additional 250,341 shares during the period. Cardinal Capital Management Inc. lifted its stake in shares of Canadian Pacific Kansas City by 3.7% in the 4th quarter. Cardinal Capital Management Inc. now owns 1,549,556 shares of the transportation company’s stock valued at $114,094,000 after purchasing an additional 55,423 shares during the period. Mirabella Financial Services LLP boosted its position in shares of Canadian Pacific Kansas City by 364.7% during the third quarter. Mirabella Financial Services LLP now owns 19,946 shares of the transportation company’s stock valued at $1,483,000 after purchasing an additional 15,654 shares in the last quarter. Finally, Rathbones Group PLC grew its stake in Canadian Pacific Kansas City by 5.9% in the fourth quarter. Rathbones Group PLC now owns 1,729,339 shares of the transportation company’s stock worth $127,342,000 after purchasing an additional 95,727 shares during the period. 72.20% of the stock is currently owned by institutional investors.

Canadian Pacific Kansas City Price Performance

CP opened at $85.31 on Wednesday. The firm has a market cap of $75.50 billion, a PE ratio of 26.33, a P/E/G ratio of 1.83 and a beta of 1.09. The stock has a 50-day moving average price of $86.44 and a 200-day moving average price of $80.96. Canadian Pacific Kansas City Limited has a 1 year low of $68.42 and a 1 year high of $91.52. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.67 and a quick ratio of 0.57.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings results on Wednesday, April 29th. The transportation company reported $0.76 earnings per share for the quarter, missing the consensus estimate of $0.78 by ($0.02). Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 27.20%.The business had revenue of $2.66 billion for the quarter, compared to analysts’ expectations of $2.70 billion. During the same quarter in the prior year, the business earned $1.06 EPS. The company’s revenue was down 2.5% compared to the same quarter last year. Sell-side analysts predict that Canadian Pacific Kansas City Limited will post 3.76 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Friday, June 26th will be given a dividend of $0.268 per share. This represents a $1.07 annualized dividend and a yield of 1.3%. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. The ex-dividend date is Friday, June 26th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is presently 23.77%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CP shares. Sanford C. Bernstein increased their price objective on Canadian Pacific Kansas City from $85.41 to $90.00 and gave the stock a “market perform” rating in a report on Tuesday, March 31st. ATB Cormark Capital Markets lowered shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “moderate buy” rating in a research note on Friday, April 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of Canadian Pacific Kansas City in a research report on Friday, May 29th. Barclays set a $99.00 price objective on shares of Canadian Pacific Kansas City and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Finally, Wall Street Zen raised shares of Canadian Pacific Kansas City from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $103.40.

Canadian Pacific Kansas City Profile

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.