Atb Cap Markets Has Positive Outlook of CP Q2 Earnings

Canadian Pacific Kansas City Limited (NYSE:CP) (TSE:CP) – Equities researchers at Atb Cap Markets upped their Q2 2026 earnings estimates for Canadian Pacific Kansas City in a report issued on Thursday, April 10th. Atb Cap Markets analyst C. Murray now forecasts that the transportation company will post earnings per share of $1.00 for the quarter, up from their prior forecast of $0.97. The consensus estimate for Canadian Pacific Kansas City’s current full-year earnings is $3.42 per share.

CP has been the topic of several other research reports. Barclays lowered their price objective on shares of Canadian Pacific Kansas City from $91.00 to $87.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 2nd. Benchmark restated a “hold” rating on shares of Canadian Pacific Kansas City in a research report on Thursday, January 30th. Royal Bank of Canada increased their price objective on Canadian Pacific Kansas City from $124.00 to $128.00 and gave the company an “outperform” rating in a research report on Thursday, January 30th. Argus set a $90.00 target price on Canadian Pacific Kansas City in a report on Wednesday, March 26th. Finally, StockNews.com downgraded Canadian Pacific Kansas City from a “hold” rating to a “sell” rating in a report on Wednesday, December 25th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and thirteen have given a buy rating to the stock. According to MarketBeat.com, Canadian Pacific Kansas City has a consensus rating of “Moderate Buy” and a consensus price target of $93.75.

Canadian Pacific Kansas City Price Performance

NYSE:CP opened at $73.64 on Monday. The company has a quick ratio of 0.46, a current ratio of 0.53 and a debt-to-equity ratio of 0.42. The business’s 50-day moving average price is $74.44 and its 200 day moving average price is $76.09. Canadian Pacific Kansas City has a 52-week low of $66.49 and a 52-week high of $88.31. The firm has a market cap of $68.51 billion, a P/E ratio of 25.39, a PEG ratio of 2.00 and a beta of 1.01.

Canadian Pacific Kansas City (NYSE:CP) (TSE:CP) last issued its quarterly earnings results on Wednesday, January 29th. The transportation company reported $0.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.26. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%.

Canadian Pacific Kansas City Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 28th. Stockholders of record on Friday, March 28th will be paid a dividend of $0.1318 per share. The ex-dividend date of this dividend is Friday, March 28th. This represents a $0.53 annualized dividend and a dividend yield of 0.72%. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 17.93%.

Institutional Investors Weigh In On Canadian Pacific Kansas City

Several institutional investors and hedge funds have recently modified their holdings of the business. Sterling Investment Management LLC increased its position in Canadian Pacific Kansas City by 17.4% during the first quarter. Sterling Investment Management LLC now owns 58,513 shares of the transportation company’s stock worth $4,108,000 after buying an additional 8,668 shares during the last quarter. Simon Quick Advisors LLC increased its holdings in shares of Canadian Pacific Kansas City by 25.3% during the 1st quarter. Simon Quick Advisors LLC now owns 5,223 shares of the transportation company’s stock valued at $367,000 after acquiring an additional 1,056 shares during the last quarter. CX Institutional bought a new position in shares of Canadian Pacific Kansas City in the 1st quarter valued at approximately $61,000. Assenagon Asset Management S.A. lifted its holdings in Canadian Pacific Kansas City by 1.0% in the 1st quarter. Assenagon Asset Management S.A. now owns 28,676 shares of the transportation company’s stock worth $2,012,000 after purchasing an additional 290 shares during the last quarter. Finally, Oak Family Advisors LLC boosted its position in Canadian Pacific Kansas City by 1,615.4% during the first quarter. Oak Family Advisors LLC now owns 62,116 shares of the transportation company’s stock worth $4,361,000 after purchasing an additional 58,495 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Canadian Pacific Kansas City Company Profile

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.