Rep. Thomas H. Kean, Jr. Purchases Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Representative Thomas H. Kean, Jr. (R-New Jersey) recently bought shares of Canadian Pacific Kansas City Limited (NYSE:CP). In a filing disclosed on May 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Canadian Pacific Kansas City stock on April 10th. The trade occurred in the Representative’s “KEAN FAMILY PARTNERSHIP” account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Franklin Resources (NYSE:BEN) on 4/28/2025.
• Purchased $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 4/24/2025.
• Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 4/24/2025.
• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 4/24/2025.
• Purchased $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 4/24/2025.
• Purchased $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 4/11/2025.
• Purchased $1,001 – $15,000 in shares of First Citizens BancShares (NASDAQ:FCNCA) on 4/10/2025.
• Sold $1,001 – $15,000 in shares of Fortive (NYSE:FTV) on 4/10/2025.
• Purchased $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 4/1/2025.
• Purchased $1,001 – $15,000 in shares of nVent Electric (NYSE:NVT) on 4/1/2025.

Canadian Pacific Kansas City Price Performance

CP opened at $81.59 on Friday. The stock has a fifty day simple moving average of $73.33 and a two-hundred day simple moving average of $75.16. The company has a current ratio of 0.53, a quick ratio of 0.46 and a debt-to-equity ratio of 0.42. The company has a market cap of $75.92 billion, a price-to-earnings ratio of 28.14, a price-to-earnings-growth ratio of 2.00 and a beta of 1.09. Canadian Pacific Kansas City Limited has a 12-month low of $66.49 and a 12-month high of $87.72.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last posted its quarterly earnings data on Wednesday, April 30th. The transportation company reported $0.74 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.74. The business had revenue of $2.66 billion during the quarter, compared to the consensus estimate of $2.56 billion. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. The firm’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.93 earnings per share. Research analysts predict that Canadian Pacific Kansas City Limited will post 3.42 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 28th. Shareholders of record on Friday, June 27th will be issued a $0.1644 dividend. This is an increase from Canadian Pacific Kansas City’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, June 27th. This represents a $0.66 dividend on an annualized basis and a yield of 0.81%. Canadian Pacific Kansas City’s dividend payout ratio is 21.28%.

Wall Street Analyst Weigh In

CP has been the subject of several analyst reports. Royal Bank of Canada reduced their price target on Canadian Pacific Kansas City from $122.00 to $121.00 and set an “outperform” rating for the company in a report on Thursday, May 1st. Benchmark restated a “hold” rating on shares of Canadian Pacific Kansas City in a report on Thursday, January 30th. Argus set a $90.00 price target on Canadian Pacific Kansas City in a report on Wednesday, March 26th. Jefferies Financial Group reduced their price target on Canadian Pacific Kansas City from $100.00 to $90.00 and set a “buy” rating for the company in a report on Wednesday, April 9th. Finally, Susquehanna raised their price target on Canadian Pacific Kansas City from $88.00 to $90.00 and gave the company a “positive” rating in a report on Thursday, May 1st. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat.com, Canadian Pacific Kansas City presently has an average rating of “Moderate Buy” and an average target price of $90.63.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Proficio Capital Partners LLC purchased a new position in Canadian Pacific Kansas City in the fourth quarter worth about $2,602,000. Oak Family Advisors LLC purchased a new position in Canadian Pacific Kansas City in the fourth quarter worth about $262,000. Barclays PLC boosted its position in Canadian Pacific Kansas City by 2.8% in the third quarter. Barclays PLC now owns 2,929,642 shares of the transportation company’s stock worth $250,602,000 after purchasing an additional 81,111 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. purchased a new position in Canadian Pacific Kansas City in the fourth quarter worth about $249,000. Finally, Phraction Management LLC boosted its position in Canadian Pacific Kansas City by 53.6% in the fourth quarter. Phraction Management LLC now owns 13,306 shares of the transportation company’s stock worth $963,000 after purchasing an additional 4,641 shares during the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey’s 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027.

Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey’s 7th Congressional District. He declared candidacy for the 2026 election.

Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City Limited, together with its subsidiaries, owns and operates a transcontinental freight railway in Canada, the United States, and Mexico. The company transports bulk commodities, including grain, coal, potash, fertilizers, and sulphur; merchandise freight, such as forest products, energy, chemicals and plastics, metals, minerals, consumer products, and automotive; and intermodal traffic comprising retail goods in overseas containers.