Canadian National Railway (NYSE:CNI) Price Target Raised to $145.00 at Wells Fargo & Company

Canadian National Railway (NYSE:CNI) (TSE:CNR) had its price objective hoisted by Wells Fargo & Company from $135.00 to $145.00 in a report issued on Monday morning,Benzinga reports. They currently have an overweight rating on the transportation company’s stock.

Other research analysts have also issued reports about the company. Barclays increased their price objective on Canadian National Railway from $109.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Monday. Royal Bank Of Canada upped their price target on Canadian National Railway from $160.00 to $178.00 and gave the company an “outperform” rating in a research note on Thursday, April 30th. Citizens Jmp began coverage on Canadian National Railway in a report on Wednesday, July 15th. They set a “market perform” rating for the company. Susquehanna reissued a “neutral” rating and set a $140.00 price objective (up from $138.00) on shares of Canadian National Railway in a research report on Tuesday, July 14th. Finally, Stephens upgraded shares of Canadian National Railway to a “hold” rating in a report on Wednesday, July 8th. Eight research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $137.40.

Canadian National Railway Price Performance

Shares of CNI stock opened at $128.90 on Monday. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.67 and a quick ratio of 0.49. The company has a market capitalization of $78.12 billion, a PE ratio of 22.85, a price-to-earnings-growth ratio of 2.47 and a beta of 0.96. The firm’s 50-day moving average is $120.48 and its two-hundred day moving average is $110.92. Canadian National Railway has a 12 month low of $90.74 and a 12 month high of $131.55.

Canadian National Railway (NYSE:CNI) (TSE:CNR) last posted its quarterly earnings results on Friday, July 24th. The transportation company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.39 by $0.11. The business had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.26 billion. Canadian National Railway had a net margin of 26.92% and a return on equity of 22.33%. The business’s revenue for the quarter was up 11.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.87 EPS. Analysts predict that Canadian National Railway will post 5.67 earnings per share for the current year.

Canadian National Railway Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Investors of record on Tuesday, September 8th will be paid a dividend of $0.915 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $3.66 annualized dividend and a yield of 2.8%. Canadian National Railway’s dividend payout ratio is presently 48.55%.

Hedge Funds Weigh In On Canadian National Railway

Several institutional investors have recently bought and sold shares of the company. Cardinal Capital Management Inc. boosted its stake in shares of Canadian National Railway by 5.8% in the second quarter. Cardinal Capital Management Inc. now owns 1,254,252 shares of the transportation company’s stock valued at $149,384,000 after purchasing an additional 68,791 shares during the period. Ausbil Investment Management Ltd increased its stake in Canadian National Railway by 20.7% during the 2nd quarter. Ausbil Investment Management Ltd now owns 56,806 shares of the transportation company’s stock worth $6,767,000 after buying an additional 9,737 shares during the period. Fulton Bank N.A. purchased a new stake in Canadian National Railway during the 2nd quarter worth approximately $209,000. Wealthcare Advisory Partners LLC acquired a new stake in Canadian National Railway during the 2nd quarter worth approximately $226,000. Finally, Revolve Wealth Partners LLC purchased a new position in Canadian National Railway in the 2nd quarter valued at approximately $502,000. 80.74% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Canadian National Railway

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

• Positive Sentiment: Canadian National reported a second-quarter earnings beat, helped by stronger grain and energy volumes that lifted revenue. The company also raised its 2026 outlook, providing a positive signal about freight demand and future earnings potential. Higher fuel costs pressured efficiency, however. Canadian National Q2 Earnings Beat on Grain and Energy Volume Growth
• Positive Sentiment: Royal Bank of Canada raised its price target on CNI to $205 from $195 and maintained an “outperform” rating, indicating substantial expected upside based on its assessment of the railroad’s earnings and operating outlook. Royal Bank of Canada analyst update
• Positive Sentiment: Wells Fargo increased its price target to $145 from $135 and kept an “overweight” rating, reflecting growing confidence in CNI’s business prospects. Wells Fargo analyst update
• Neutral Sentiment: Barclays raised its target to $130 from $109 but retained an “equal weight” rating. The revised target offers limited upside, suggesting the firm sees the shares as broadly fairly valued. Barclays analyst update
• Neutral Sentiment: Analysts collectively assign Canadian National Railway an average “Moderate Buy” rating, indicating constructive but not universally bullish sentiment. Canadian National Railway Receives Moderate Buy Rating
• Negative Sentiment: Higher fuel costs are weighing on efficiency, while the shares’ strong recent run and premium valuation may be encouraging some investors to take profits even after the earnings beat.

Canadian National Railway Company Profile

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.