Canadian National Railway (NYSE:CNI) Shares Unloaded Rep. Jared Moskowitz

Representative Jared Moskowitz (D-Florida) recently sold shares of Canadian National Railway NYSE: CNI. In a filing disclosed on February 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Canadian National Railway stock on January 15th. The trade occurred in the Representative's "MORGAN STANLEY ACTIVE ASSETS (6)" account.

Representative Jared Moskowitz also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of AbbVie NYSE: ABBV on 1/15/2025.
• Purchased $1,001 - $15,000 in shares of McKesson NYSE: MCK on 1/15/2025.
• Purchased $1,001 - $15,000 in shares of Stryker NYSE: SYK on 1/15/2025.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 1/15/2025.
• Sold $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 1/15/2025.
• Sold $1,001 - $15,000 in shares of Abbott Laboratories NYSE: ABT on 1/15/2025.

Canadian National Railway Trading Down 0.9 %

Shares of CNI stock traded down $0.88 during mid-day trading on Friday, hitting $101.69. The company's stock had a trading volume of 1,412,653 shares, compared to its average volume of 1,372,838. The company's fifty day simple moving average is $102.88 and its 200-day simple moving average is $109.79. Canadian National Railway has a 52 week low of $98.69 and a 52 week high of $134.02. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.48 and a current ratio of 0.66. The company has a market cap of $63.95 billion, a PE ratio of 19.86, a P/E/G ratio of 1.94 and a beta of 0.91.

Canadian National Railway (NYSE:CNI - Get Free Report) TSE: CNR last posted its quarterly earnings data on Thursday, January 30th. The transportation company reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.39 by ($0.09). Canadian National Railway had a return on equity of 22.48% and a net margin of 26.09%. As a group, equities research analysts expect that Canadian National Railway will post 5.49 earnings per share for the current fiscal year.

Canadian National Railway Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Stockholders of record on Monday, March 10th will be given a $0.6159 dividend. The ex-dividend date of this dividend is Monday, March 10th. This is a positive change from Canadian National Railway's previous quarterly dividend of $0.61. This represents a $2.46 annualized dividend and a dividend yield of 2.42%. Canadian National Railway's dividend payout ratio (DPR) is 46.68%.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Benchmark reissued a "hold" rating on shares of Canadian National Railway in a research report on Thursday, October 24th. Stephens restated an "equal weight" rating and issued a $116.00 target price on shares of Canadian National Railway in a research note on Wednesday, October 23rd. Evercore ISI upgraded Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research note on Thursday, December 19th. Jefferies Financial Group upgraded Canadian National Railway from a "hold" rating to a "buy" rating and set a $120.00 target price for the company in a research note on Friday, January 10th. Finally, TD Securities upgraded Canadian National Railway from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 13th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, seven have given a buy rating and four have assigned a strong buy rating to the stock. According to MarketBeat, Canadian National Railway currently has an average rating of "Moderate Buy" and a consensus price target of $124.19.

Institutional Trading of Canadian National Railway

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. XTX Topco Ltd increased its holdings in Canadian National Railway by 43.3% during the 3rd quarter. XTX Topco Ltd now owns 15,552 shares of the transportation company's stock worth $1,822,000 after purchasing an additional 4,698 shares in the last quarter. Principal Financial Group Inc. grew its holdings in shares of Canadian National Railway by 29.6% in the third quarter. Principal Financial Group Inc. now owns 92,300 shares of the transportation company's stock valued at $10,820,000 after acquiring an additional 21,100 shares in the last quarter. Unigestion Holding SA grew its holdings in shares of Canadian National Railway by 363.6% in the third quarter. Unigestion Holding SA now owns 153,880 shares of the transportation company's stock valued at $18,012,000 after acquiring an additional 120,687 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in shares of Canadian National Railway by 5.4% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 3,962,972 shares of the transportation company's stock valued at $464,002,000 after acquiring an additional 202,303 shares in the last quarter. Finally, Partners Group Holding AG grew its holdings in shares of Canadian National Railway by 16.3% in the third quarter. Partners Group Holding AG now owns 406,066 shares of the transportation company's stock valued at $47,571,000 after acquiring an additional 56,849 shares in the last quarter. 80.74% of the stock is owned by institutional investors.

About Representative Moskowitz

Jared Evan Moskowitz (Democratic Party) is a member of the U.S. House, representing Florida's 23rd Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Moskowitz (Democratic Party) is running for re-election to the U.S. House to represent Florida's 23rd Congressional District. He declared candidacy for the 2026 election. Jared Evan Moskowitz was born in Coral Springs, Florida. Moskowitz graduated from Marjory Stoneman Douglas High School. He earned a bachelor's degree in political science and government from George Washington University in 2003 and a law degree from Nova Southeastern University in 2007. Moskowitz's career experience includes working as the director of the Florida Division of Emergency Management and general counsel with AshBritt Inc.

Canadian National Railway Company Profile

Canadian National Railway Company, together with its subsidiaries, engages in the rail, intermodal, trucking, and marine transportation and logistics business in Canada and the United States. The company provides rail services, which include equipment, custom brokerage services, transloading and distribution, business development and real estate, and private car storage services; and intermodal services, such as temperature controlled cargo, port partnerships, and logistics parks.