Canadian Pacific Kansas City (NYSE:CP) Price Target Raised to $109.00

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) had its price objective hoisted by Citigroup from $106.00 to $109.00 in a research note released on Thursday morning,Benzinga reports. Citigroup currently has a buy rating on the transportation company’s stock.

Other analysts also recently issued research reports about the company. Scotiabank reiterated an “outperform” rating on shares of Canadian Pacific Kansas City in a research note on Thursday, July 16th. Citizens Jmp started coverage on Canadian Pacific Kansas City in a research note on Wednesday, July 15th. They issued a “market perform” rating for the company. Evercore set a $99.00 target price on Canadian Pacific Kansas City in a report on Thursday. Canadian Imperial Bank of Commerce upped their target price on Canadian Pacific Kansas City from C$140.00 to C$143.00 and gave the company an “outperformer” rating in a research report on Thursday, June 25th. Finally, Weiss Ratings upgraded shares of Canadian Pacific Kansas City from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Canadian Pacific Kansas City currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.60.

Canadian Pacific Kansas City Price Performance

Shares of CP opened at $88.86 on Thursday. The firm has a market capitalization of $78.65 billion, a PE ratio of 28.57, a price-to-earnings-growth ratio of 1.78 and a beta of 1.10. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.67 and a quick ratio of 0.57. Canadian Pacific Kansas City has a 1-year low of $68.42 and a 1-year high of $93.95. The company’s fifty day moving average price is $89.25 and its 200-day moving average price is $84.03.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its earnings results on Wednesday, July 29th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.03. The company had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.89 billion. Canadian Pacific Kansas City had a return on equity of 9.05% and a net margin of 25.02%.The firm’s quarterly revenue was up 12.6% on a year-over-year basis. During the same quarter last year, the business posted $1.12 EPS. On average, equities research analysts predict that Canadian Pacific Kansas City will post 3.69 EPS for the current year.

Canadian Pacific Kansas City Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, October 26th. Shareholders of record on Friday, September 25th will be given a dividend of $0.268 per share. This represents a $1.07 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Friday, September 25th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is currently 25.08%.

Hedge Funds Weigh In On Canadian Pacific Kansas City

Institutional investors and hedge funds have recently modified their holdings of the stock. Norges Bank acquired a new position in Canadian Pacific Kansas City in the 4th quarter worth about $978,558,000. Janus Henderson Group PLC boosted its position in Canadian Pacific Kansas City by 586.1% during the fourth quarter. Janus Henderson Group PLC now owns 6,147,835 shares of the transportation company’s stock worth $452,781,000 after purchasing an additional 5,251,755 shares in the last quarter. FIL Ltd grew its holdings in Canadian Pacific Kansas City by 20.2% in the fourth quarter. FIL Ltd now owns 16,666,777 shares of the transportation company’s stock valued at $1,227,045,000 after purchasing an additional 2,804,686 shares during the period. Bessemer Group Inc. grew its holdings in Canadian Pacific Kansas City by 5,826.3% in the first quarter. Bessemer Group Inc. now owns 2,545,049 shares of the transportation company’s stock valued at $199,605,000 after purchasing an additional 2,502,104 shares during the period. Finally, Canoe Financial LP increased its position in shares of Canadian Pacific Kansas City by 45,389.7% in the first quarter. Canoe Financial LP now owns 2,032,478 shares of the transportation company’s stock valued at $159,885,000 after buying an additional 2,028,010 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Key Headlines Impacting Canadian Pacific Kansas City

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

• Positive Sentiment: CP reported second-quarter 2026 earnings of $0.92 per share, above the $0.89 analyst consensus, while revenue of $2.93 billion also exceeded expectations of $2.89 billion. Revenue increased 12.6% year over year, helped in part by a strong grain crop. CP Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Citigroup raised its CP price target to $109 from $106 and maintained a “buy” rating, implying substantial potential upside based on the referenced price. The target increase reinforces constructive analyst sentiment. Citigroup Raises CP Price Target
• Positive Sentiment: The company declared a quarterly dividend of C$0.268 per share, payable October 26 to shareholders of record September 25. The ongoing payout signals continued cash-return capacity and may support income-oriented demand. CP Declares Quarterly Dividend

Canadian Pacific Kansas City Company Profile

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.