Canadian Pacific Kansas City
About: Canadian Pacific Kansas City is a Class-1 railroad operating on track that spans across most of Canada and into parts of the Midwestern and Northeastern United States. Following the April 2023 Kansas City Southern merger, CP operates new single-line-haul services from Canada and the Upper Midwest down through Texas, the Gulf of Mexico, and into Mexico. It also hauls cross border and intra Mexico freight via operating concessions on roughly 3,300 miles of rail in Mexico. CP hauls shipments of grain, intermodal containers, energy products (like crude and frac sand), chemicals, plastics, coal, fertilizer and potash, automotive products, and a diverse mix of other merchandise.
Employees: 20,164
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
119% more call options, than puts
Call options by funds: $135M | Put options by funds: $62M
29% more first-time investments, than exits
New positions opened: 93 | Existing positions closed: 72
7% more funds holding in top 10
Funds holding in top 10: 45 [Q2] → 48 (+3) [Q3]
6% more capital invested
Capital invested by funds: $53.9B [Q2] → $56.9B (+$2.97B) [Q3]
7% more repeat investments, than reductions
Existing positions increased: 343 | Existing positions reduced: 322
1% more funds holding
Funds holding: 952 [Q2] → 960 (+8) [Q3]
2.03% less ownership
Funds ownership: 73.31% [Q2] → 71.28% (-2.03%) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Barclays Brandon Oglenski 50% 1-year accuracy 34 / 68 met price target | 17%upside $91 | Overweight Maintained | 17 Jan 2025 |
Stifel Benjamin Nolan 44% 1-year accuracy 18 / 41 met price target | 2%downside $76 | Hold Maintained | 16 Jan 2025 |
Susquehanna Bascome Majors 59% 1-year accuracy 26 / 44 met price target | 16%upside $90 | Positive Maintained | 8 Jan 2025 |
Wells Fargo Christian Wetherbee 51% 1-year accuracy 21 / 41 met price target | 16%upside $90 | Overweight Maintained | 7 Jan 2025 |
Stephens & Co. Justin Long 75% 1-year accuracy 9 / 12 met price target | 13%upside $88 | Overweight Upgraded | 6 Jan 2025 |
Financial journalist opinion
Based on 7 articles about CP published over the past 30 days