Canadian National Railway Company $CNI Shares Sold by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd lowered its stake in shares of Canadian National Railway Company (NYSE:CNI) (TSE:CNR) by 54.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,328 shares of the transportation company’s stock after selling 18,173 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Canadian National Railway were worth $1,445,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Addison Advisors LLC raised its holdings in shares of Canadian National Railway by 124.0% in the second quarter. Addison Advisors LLC now owns 271 shares of the transportation company’s stock worth $28,000 after buying an additional 150 shares during the last quarter. First Horizon Corp acquired a new position in shares of Canadian National Railway in the 3rd quarter valued at $30,000. Curio Wealth LLC raised its stake in Canadian National Railway by 31,600.0% in the 2nd quarter. Curio Wealth LLC now owns 317 shares of the transportation company’s stock worth $33,000 after acquiring an additional 316 shares during the last quarter. Steigerwald Gordon & Koch Inc. acquired a new stake in Canadian National Railway during the 3rd quarter worth about $50,000. Finally, Private Trust Co. NA grew its stake in Canadian National Railway by 30.8% during the 3rd quarter. Private Trust Co. NA now owns 603 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 142 shares during the last quarter. 80.74% of the stock is owned by hedge funds and other institutional investors.

Key Canadian National Railway News

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

• Positive Sentiment: Q4 EPS topped estimates (beats reported), showing stronger-than-expected profitability which supports near-term earnings confidence. Read More.
• Positive Sentiment: Board approved a 3% dividend increase and launched a new normal course issuer bid (share repurchase), both shareholder-friendly actions that typically support buy-side interest. Read More.
• Positive Sentiment: Company reported higher profit and revenue year-over-year, citing improved freight volumes and operational efficiency — a sign management is extracting better margins from the franchise. Read More.
• Neutral Sentiment: CN released its formal Q4 and year-end results and supporting materials (press release, slide deck, conference call), providing full disclosure but no new guidance detail that would materially alter outlook immediately. Read More.
• Negative Sentiment: Certain top-line figures were below some Street expectations (investors flagged revenue/volume comparisons versus analyst models), which can outweigh an EPS beat and pressure the stock. Read More.
• Negative Sentiment: Shares are trading lower on elevated volume as the market digests mixed signals — strong profitability and shareholder returns vs. mixed top-line/volume metrics — creating short-term selling pressure. Read More.

Canadian National Railway Price Performance

NYSE:CNI opened at $96.23 on Friday. The company has a quick ratio of 0.42, a current ratio of 0.60 and a debt-to-equity ratio of 0.92. Canadian National Railway Company has a 52 week low of $90.74 and a 52 week high of $108.75. The stock’s 50-day moving average price is $98.10 and its 200-day moving average price is $96.20. The stock has a market capitalization of $59.13 billion, a PE ratio of 18.26, a price-to-earnings-growth ratio of 2.11 and a beta of 0.96.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last issued its quarterly earnings results on Friday, October 31st. The transportation company reported $1.33 EPS for the quarter, topping the consensus estimate of $1.28 by $0.05. Canadian National Railway had a net margin of 26.86% and a return on equity of 21.50%. The company had revenue of $2.99 billion during the quarter, compared to analyst estimates of $4.15 billion. During the same quarter in the previous year, the firm earned $1.72 EPS. The firm’s revenue was up 1.3% compared to the same quarter last year. As a group, equities analysts expect that Canadian National Railway Company will post 5.52 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CNI shares. Zacks Research raised Canadian National Railway from a “strong sell” rating to a “hold” rating in a report on Friday, November 28th. CIBC raised shares of Canadian National Railway from a “neutral” rating to an “outperformer” rating and raised their price target for the stock from $146.00 to $151.00 in a research report on Friday, November 28th. Susquehanna lifted their price objective on shares of Canadian National Railway from $115.00 to $116.00 and gave the company a “positive” rating in a research note on Monday, November 3rd. Wall Street Zen upgraded shares of Canadian National Railway from a “sell” rating to a “hold” rating in a research note on Saturday, October 18th. Finally, Evercore ISI raised their target price on shares of Canadian National Railway from $98.00 to $103.00 and gave the stock an “in-line” rating in a report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $117.64.

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.