Canadian Pacific Kansas City (NYSE:CP) Price Target Lowered to $127.00 at Royal Bank Of Canada

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) had its price objective trimmed by Royal Bank Of Canada from $128.00 to $127.00 in a research note published on Thursday morning,Benzinga reports. The brokerage currently has an outperform rating on the transportation company’s stock.

A number of other analysts have also recently issued reports on the company. ATB Cormark Capital Markets cut Canadian Pacific Kansas City from a “strong-buy” rating to a “moderate buy” rating in a research report on Friday, April 17th. Wall Street Zen cut Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a research report on Tuesday, March 3rd. Barclays set a $99.00 target price on Canadian Pacific Kansas City and gave the company an “overweight” rating in a research report on Thursday. Scotiabank cut Canadian Pacific Kansas City from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 9th. Finally, Citigroup upped their target price on Canadian Pacific Kansas City from $86.00 to $93.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $95.30.

Canadian Pacific Kansas City Trading Up 3.2%

NYSE:CP opened at $86.98 on Thursday. The stock has a market cap of $77.61 billion, a P/E ratio of 26.84, a P/E/G ratio of 1.82 and a beta of 1.07. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.41 and a current ratio of 0.49. Canadian Pacific Kansas City has a 1 year low of $68.42 and a 1 year high of $89.42. The stock has a 50-day simple moving average of $82.47 and a 200-day simple moving average of $77.13.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last announced its earnings results on Wednesday, January 28th. The transportation company reported $0.95 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.04). The firm had revenue of $2.85 billion during the quarter, compared to analyst estimates of $2.85 billion. Canadian Pacific Kansas City had a net margin of 27.20% and a return on equity of 8.90%. The firm’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same period last year, the company earned $1.29 earnings per share. As a group, analysts anticipate that Canadian Pacific Kansas City will post 3.74 earnings per share for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Friday, June 26th will be paid a dividend of $0.268 per share. The ex-dividend date of this dividend is Friday, June 26th. This represents a $1.07 annualized dividend and a yield of 1.2%. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.23. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 20.74%.

Institutional Trading of Canadian Pacific Kansas City

Several institutional investors and hedge funds have recently added to or reduced their stakes in CP. Prosperity Bancshares Inc purchased a new stake in Canadian Pacific Kansas City during the 4th quarter valued at approximately $26,000. Gilpin Wealth Management LLC purchased a new stake in Canadian Pacific Kansas City during the 4th quarter valued at approximately $29,000. Caldwell Trust Co purchased a new stake in Canadian Pacific Kansas City during the 3rd quarter valued at approximately $30,000. McMillan Office Inc. purchased a new stake in Canadian Pacific Kansas City during the 4th quarter valued at approximately $31,000. Finally, Acadian Asset Management LLC purchased a new stake in Canadian Pacific Kansas City during the 1st quarter valued at approximately $35,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Canadian Pacific Kansas City

Here are the key news stories impacting Canadian Pacific Kansas City this week:

• Positive Sentiment: Citigroup raised its price target on CP to $97 and reaffirmed a “buy” rating, signaling near-term upside from current levels. BayStreet Article
• Positive Sentiment: Royal Bank of Canada left a very high target (trimmed to $127) and an “outperform” rating — both firms imply substantial upside that supports buyer interest. Benzinga Article
• Positive Sentiment: CPKC raised its quarterly dividend ~17.5% to $0.268 (annualized yield ~1.2%), which is supportive for income-focused shareholders and can buoy the share price.
• Positive Sentiment: The company released a press statement framing Q1 as “resilient,” reporting adjusted metrics and management commentary emphasizing operational improvements — this upbeat tone helps sentiment. PR Newswire Release
• Neutral Sentiment: CPKC will webcast executives at the Bank of America Industrials, Transportation & Airlines conference on May 13 — an opportunity for management to provide forward-looking color but not an immediate catalyst. PR Newswire Conference Notice
• Neutral Sentiment: Company Q1 presentation and the annual meeting transcript were posted for investors to review – useful for due diligence but largely informational. Q1 Presentation AGM Transcript
• Negative Sentiment: Independent outlets (Zacks, MarketBeat) flagged that CP missed some consensus Q1 EPS and revenue estimates and that revenue fell year-over-year on certain reported measures — this creates near-term earnings disappointment risk. Zacks Coverage MarketBeat Coverage

About Canadian Pacific Kansas City

Canadian Pacific Kansas City (CPKC) is a North American Class I freight railroad formed through the combination of Canadian Pacific Railway and Kansas City Southern. The merged company operates an integrated rail network that spans Canada, the United States and Mexico, providing a single-line rail connection across all three countries. This transborder footprint is intended to streamline cross-border freight flows and provide shippers with direct rail access from Canadian and U.S. production centers to Mexican markets and ports.

CPKC’s core business is freight transportation and related logistics services.