Greenleaf Trust decreased its holdings in shares of Canadian Pacific Kansas City Limited (NYSE:CP – Free Report) (TSE:CP) by 2.0% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 340,780 shares of the transportation company’s stock after selling 7,064 shares during the quarter. Greenleaf Trust’s holdings in Canadian Pacific Kansas City were worth $29,000,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of CP. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in Canadian Pacific Kansas City during the 2nd quarter valued at about $802,983,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Canadian Pacific Kansas City during the second quarter worth approximately $657,672,000. Legal & General Group Plc acquired a new stake in Canadian Pacific Kansas City in the 2nd quarter valued at about $604,797,000. Janus Henderson Group PLC raised its holdings in shares of Canadian Pacific Kansas City by 9.8% during the 1st quarter. Janus Henderson Group PLC now owns 6,749,527 shares of the transportation company’s stock worth $530,551,000 after acquiring an additional 601,692 shares during the period. Finally, Jupiter Topco LLC acquired a new position in Canadian Pacific Kansas City in the second quarter valued at approximately $576,687,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.
Analyst Ratings Changes
Several research firms have recently issued reports on CP. Scotiabank reaffirmed an “outperform” rating on shares of Canadian Pacific Kansas City in a research report on Thursday. Stephens lowered their target price on shares of Canadian Pacific Kansas City from $96.00 to $93.00 and set an “equal weight” rating for the company in a research note on Thursday. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, September 24th. Zacks Research lowered shares of Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a report on Monday, October 26th. Finally, Wells Fargo & Company increased their price objective on shares of Canadian Pacific Kansas City from $90.00 to $100.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $112.00.
Canadian Pacific Kansas City Stock Up 0.1%
Shares of NYSE:CP opened at $89.73 on Monday. Canadian Pacific Kansas City Limited has a 52 week low of $68.42 and a 52 week high of $96.90. The company has a market cap of $78.02 billion, a PE ratio of 28.76, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.44 and a current ratio of 0.52. The firm has a 50 day simple moving average of $88.76 and a 200 day simple moving average of $85.90.
Canadian Pacific Kansas City (NYSE:CP – Get Free Report) (TSE:CP) last posted its quarterly earnings results on Wednesday, October 28th. The transportation company reported $0.91 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.03). The company had revenue of $2.96 billion for the quarter, compared to analysts’ expectations of $2.96 billion. Canadian Pacific Kansas City had a net margin of 24.14% and a return on equity of 9.27%. The company’s revenue was up 15.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.10 earnings per share. As a group, research analysts expect that Canadian Pacific Kansas City Limited will post 3.67 earnings per share for the current year.
Canadian Pacific Kansas City Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 25th. Shareholders of record on Thursday, December 31st will be issued a dividend of C$0.27 per share. This represents a $1.07 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Thursday, December 31st. Canadian Pacific Kansas City’s payout ratio is presently 24.68%.
Trending Headlines about Canadian Pacific Kansas City
Here are the key news stories impacting Canadian Pacific Kansas City this week:
- Positive Sentiment: UBS maintained its Buy rating, supporting the view that CP’s long-term North American rail network and growth opportunities remain attractive. UBS Sticks to Its Buy Rating for Canadian Pacific Kansas City
- Positive Sentiment: Analysts remain bullish on CP among industrial stocks, reflecting confidence in its earnings potential and strategic positioning. Analysts Are Bullish on Canadian Pacific Kansas City
- Positive Sentiment: CP signed a new five-year agreement with Elk Valley Resources, providing greater visibility for future freight volumes and revenue. CP Signs a New Five-Year Agreement with Elk Valley Resources
- Positive Sentiment: Management reported third-quarter revenue of approximately $2.96 billion, up 15.2% year over year, with record intermodal performance highlighted in the earnings call. CP Q3 2026 Earnings Call Highlights
- Neutral Sentiment: CP declared a quarterly dividend of C$0.27 per share, equivalent to an annualized C$1.07 and an approximately 1.2% yield. The dividend is payable January 25, 2027, to shareholders of record December 31. CP Declares Dividend Payable January 25, 2027
- Negative Sentiment: Third-quarter EPS was $0.91, below the $0.94 analyst consensus and down from $1.10 a year earlier. Reports attributed pressure to higher fuel costs, tempering the impact of strong revenue growth. CP Q3 Growth Meets Fuel Pressure
- Negative Sentiment: Stephens lowered its price target from $96 to $93 and kept an Equal Weight rating, signaling more limited near-term upside despite the firm’s remaining target premium. Stephens CP Rating and Price Target
Canadian Pacific Kansas City Company Profile
Canadian Pacific Kansas City Limited (NYSE: CP) is a North American transportation company that operates Canadian Pacific Kansas City (CPKC), a Class I freight railway. The company was created in 2023 through the combination of Canadian Pacific and Kansas City Southern, forming the first single-line railroad connecting Canada, the United States and Mexico.
CPKC transports a broad range of freight, including grain and fertilizers, coal, forest products, automotive goods, energy and chemicals, industrial and consumer products, and intermodal shipments.
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