Rep. Thomas H. Kean, Jr. Purchases Shares of Canadian Pacific Kansas City Limited (NYSE:CP)

Representative Thomas H. Kean, Jr. (R-New Jersey) recently bought shares of Canadian Pacific Kansas City Limited NYSE: CP. In a filing disclosed on May 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Canadian Pacific Kansas City stock on April 10th. The trade occurred in the Representative's "KEAN FAMILY PARTNERSHIP" account.

Representative Thomas H. Kean, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Franklin Resources NYSE: BEN on 4/28/2025.
• Purchased $1,001 - $15,000 in shares of Fiserv NYSE: FI on 4/24/2025.
• Purchased $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 4/24/2025.
• Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 4/24/2025.
• Purchased $1,001 - $15,000 in shares of Analog Devices NASDAQ: ADI on 4/24/2025.
• Purchased $1,001 - $15,000 in shares of First Citizens BancShares NASDAQ: FCNCA on 4/11/2025.
• Purchased $1,001 - $15,000 in shares of First Citizens BancShares NASDAQ: FCNCA on 4/10/2025.
• Sold $1,001 - $15,000 in shares of Fortive NYSE: FTV on 4/10/2025.
• Purchased $1,001 - $15,000 in shares of Illumina NASDAQ: ILMN on 4/1/2025.
• Purchased $1,001 - $15,000 in shares of nVent Electric NYSE: NVT on 4/1/2025.

Canadian Pacific Kansas City Stock Performance

NYSE:CP traded down $0.59 during mid-day trading on Wednesday, hitting $81.41. The company's stock had a trading volume of 1,274,628 shares, compared to its average volume of 2,801,256. The business's fifty day moving average is $73.67 and its two-hundred day moving average is $75.20. The stock has a market cap of $75.74 billion, a price-to-earnings ratio of 28.08, a PEG ratio of 2.00 and a beta of 1.09. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.53 and a quick ratio of 0.46. Canadian Pacific Kansas City Limited has a 1 year low of $66.49 and a 1 year high of $87.72.

Canadian Pacific Kansas City (NYSE:CP - Get Free Report) TSE: CP last issued its quarterly earnings data on Wednesday, April 30th. The transportation company reported $0.74 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.74. The business had revenue of $2.66 billion during the quarter, compared to analysts' expectations of $2.56 billion. Canadian Pacific Kansas City had a return on equity of 8.86% and a net margin of 25.51%. The company's revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.93 EPS. Analysts anticipate that Canadian Pacific Kansas City Limited will post 3.42 EPS for the current fiscal year.

Canadian Pacific Kansas City Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 28th. Investors of record on Friday, June 27th will be given a dividend of $0.1644 per share. The ex-dividend date of this dividend is Friday, June 27th. This is an increase from Canadian Pacific Kansas City's previous quarterly dividend of $0.13. This represents a $0.66 dividend on an annualized basis and a yield of 0.81%. Canadian Pacific Kansas City's payout ratio is currently 21.28%.

Hedge Funds Weigh In On Canadian Pacific Kansas City

Several hedge funds have recently bought and sold shares of the company. Acadian Asset Management LLC acquired a new stake in shares of Canadian Pacific Kansas City during the first quarter worth about $35,000. Intech Investment Management LLC boosted its position in Canadian Pacific Kansas City by 16.0% in the 1st quarter. Intech Investment Management LLC now owns 21,276 shares of the transportation company's stock valued at $1,493,000 after buying an additional 2,940 shares during the period. Focus Partners Wealth grew its stake in shares of Canadian Pacific Kansas City by 11.5% in the first quarter. Focus Partners Wealth now owns 634,366 shares of the transportation company's stock worth $44,539,000 after acquiring an additional 65,421 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Canadian Pacific Kansas City by 43.0% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 3,461,697 shares of the transportation company's stock worth $243,046,000 after acquiring an additional 1,041,563 shares during the period. Finally, Woodline Partners LP raised its stake in shares of Canadian Pacific Kansas City by 9.8% in the first quarter. Woodline Partners LP now owns 199,829 shares of the transportation company's stock valued at $14,030,000 after acquiring an additional 17,792 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on CP. Loop Capital cut shares of Canadian Pacific Kansas City from a "buy" rating to a "sell" rating in a research note on Monday, February 3rd. Susquehanna raised their price target on shares of Canadian Pacific Kansas City from $88.00 to $90.00 and gave the company a "positive" rating in a research report on Thursday, May 1st. Jefferies Financial Group cut their price objective on shares of Canadian Pacific Kansas City from $100.00 to $90.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Evercore ISI dropped their target price on Canadian Pacific Kansas City from $89.00 to $88.00 and set an "outperform" rating on the stock in a research report on Thursday, May 1st. Finally, Argus set a $90.00 price objective on shares of Canadian Pacific Kansas City in a research report on Wednesday, March 26th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and eleven have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $90.63.

About Representative Kean

Thomas Kean Jr. (Republican Party) is a member of the U.S. House, representing New Jersey's 7th Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Kean (Republican Party) is running for re-election to the U.S. House to represent New Jersey's 7th Congressional District. He declared candidacy for the 2026 election. Thomas Kean Jr. lives in Westfield, New Jersey. Kean earned a master’s degree from the Tufts University Fletcher School of Law and Diplomacy. His career experience includes working with the Environmental Protection Agency during the George H.W. Bush administration and as an advisor to former U.S. Representative Bob Franks, a firefighter, and an emergency medical technician. Kean has served as the vice president of a fire department.

About Canadian Pacific Kansas City

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.