Canadian Pacific Kansas City (NYSE:CP) Stock Price Target Cut by Stephens

Key Points

• Stephens lowered Canadian Pacific Kansas City’s price target from $96 to $93 while maintaining an “equal weight” rating, implying about 6.3% upside from the prior close.
• Analyst sentiment remains generally positive, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $110.31.
• CPKC’s quarterly revenue rose 15.2% year over year to $2.96 billion, but EPS of $0.91 missed estimates and declined from the prior year, adding pressure to the shares.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP had its price target lowered by Stephens from $96.00 to $93.00 in a research note issued on Thursday, Benzinga reports. The brokerage currently has an "equal weight" rating on the transportation company's stock. Stephens's price objective suggests a potential upside of 6.30% from the company's previous close.

A number of other analysts also recently weighed in on the company. Citizens Jmp initiated coverage on Canadian Pacific Kansas City in a research report on Wednesday, July 15th. They set a "market perform" rating for the company. Wall Street Zen upgraded Canadian Pacific Kansas City from a "sell" rating to a "hold" rating in a research report on Sunday, July 26th. Citigroup reaffirmed a "cautious" rating on shares of Canadian Pacific Kansas City in a research note on Wednesday, October 7th. Wells Fargo & Company upped their price objective on shares of Canadian Pacific Kansas City from $90.00 to $100.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 8th. Finally, Evercore reiterated an "outperform" rating and set a $96.00 price objective on shares of Canadian Pacific Kansas City in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Canadian Pacific Kansas City currently has a consensus rating of "Moderate Buy" and an average target price of $110.31.

Canadian Pacific Kansas City Stock Performance

NYSE CP opened at $87.49 on Thursday. The firm has a 50-day moving average price of $88.98 and a two-hundred day moving average price of $85.73. Canadian Pacific Kansas City has a 12-month low of $68.42 and a 12-month high of $96.90. The company has a market capitalization of $76.56 billion, a P/E ratio of 28.38, a P/E/G ratio of 1.88 and a beta of 1.13. The company has a quick ratio of 0.50, a current ratio of 0.59 and a debt-to-equity ratio of 0.47.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last announced its earnings results on Wednesday, October 28th. The transportation company reported $0.91 EPS for the quarter, missing the consensus estimate of $0.94 by ($0.03). Canadian Pacific Kansas City had a return on equity of 9.02% and a net margin of 25.02%. The business had revenue of $2.96 billion for the quarter, compared to the consensus estimate of $2.96 billion. During the same period in the prior year, the business posted $1.10 earnings per share. The firm's revenue for the quarter was up 15.2% compared to the same quarter last year. Analysts anticipate that Canadian Pacific Kansas City will post 3.68 earnings per share for the current year.

Institutional Trading of Canadian Pacific Kansas City

Institutional investors and hedge funds have recently modified their holdings of the business. Saranac Partners Ltd bought a new stake in shares of Canadian Pacific Kansas City in the 2nd quarter valued at $6,773,000. Vontobel Holding Ltd. grew its holdings in Canadian Pacific Kansas City by 12,903.0% in the second quarter. Vontobel Holding Ltd. now owns 874,710 shares of the transportation company's stock worth $75,760,000 after purchasing an additional 867,983 shares during the period. Russell Investments Group Ltd. grew its holdings in Canadian Pacific Kansas City by 60.7% in the second quarter. Russell Investments Group Ltd. now owns 1,579,331 shares of the transportation company's stock worth $136,857,000 after purchasing an additional 596,252 shares during the period. State Street Corp raised its holdings in shares of Canadian Pacific Kansas City by 14.5% during the second quarter. State Street Corp now owns 505,266 shares of the transportation company's stock valued at $43,873,000 after purchasing an additional 64,170 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of Canadian Pacific Kansas City during the 2nd quarter worth about $1,043,000. 72.20% of the stock is currently owned by institutional investors.

Trending Headlines about Canadian Pacific Kansas City

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

• Positive Sentiment: CPKC signed a new five-year agreement with Elk Valley Resources that expands its share of steelmaking-coal shipments from four British Columbia mines to Vancouver-area terminals. The deal supports longer-term freight volumes and network utilization. CPKC and EVR renew and expand rail service agreement
• Positive Sentiment: Third-quarter revenue increased 15.2% year over year to approximately $2.96 billion, in line with expectations. Management cited momentum across its North American network, while the earnings call highlighted record intermodal performance and continued confidence in delivering a strong 2026. CP Q3 2026 Earnings Call Highlights
• Positive Sentiment: BlackRock disclosed a 5.02% ownership stake in Canadian Pacific Kansas City, potentially signaling institutional confidence and providing shareholder support. BlackRock Announces 5.02% Ownership Stake
• Neutral Sentiment: The company declared a quarterly dividend of C$0.268 per share, payable January 25, 2027, to shareholders of record December 31. The annualized payout is approximately C$1.07, or a yield near 1.2%. Canadian Pacific Kansas City Limited declares dividend
• Negative Sentiment: Reported quarterly EPS of $0.91 missed the $0.94 consensus estimate, and earnings declined from the prior-year period. The shortfall is likely the main factor weighing on the stock despite revenue growth. CP Lags Q3 Earnings Estimates
• Negative Sentiment: Zacks Research downgraded CP from “strong buy” to “hold,” adding further caution around the earnings miss and the stock’s relatively full valuation.

About Canadian Pacific Kansas City

Canadian Pacific Kansas City Limited NYSE: CP is a North American transportation company that operates Canadian Pacific Kansas City (CPKC), a Class I freight railway. The company was created in 2023 through the combination of Canadian Pacific and Kansas City Southern, forming the first single-line railroad connecting Canada, the United States and Mexico.

CPKC transports a broad range of freight, including grain and fertilizers, coal, forest products, automotive goods, energy and chemicals, industrial and consumer products, and intermodal shipments.

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