CIBC Rates Canadian Pacific Kansas City (CP) buy

CIBC has reiterated its buy rating for Canadian Pacific Kansas City Limited (NYSE:CP) with a price target of $143. This announcement, made on June 25, 2026, by analyst Kevin Chiang, suggests a positive outlook for the company.

Other Institutional Activity in Canadian Pacific Kansas City

Royal Bank of Canada slightly reduced its holdings by 21,309 shares, maintaining 52,952,459 shares valued at around $4.17 billion. TCI Fund Management Ltd trimmed its position by 1,132,500 shares, ending with 46,521,923 shares worth approximately $3.66 billion, a 2.4% decrease. Vanguard Capital Management LLC opened a new position with 24,666,695 shares valued at about $1.94 billion. Invesco Ltd. cut its stake by 1,153,159 shares to 22,278,790 shares, valued at roughly $1.75 billion, marking a 4.9% decrease. FIL Ltd increased its holdings by 4,334,290 shares, totaling 21,001,067 shares, valued at around $1.65 billion, a 26% increase. FMR LLC boosted its stake by 5,745,452 shares, ending with 20,158,705 shares worth about $1.59 billion, a 39.9% increase.

Canadian Pacific Kansas City Limited Stock Holds Steady

Shares of Canadian Pacific Kansas City Limited (NYSE:CP) traded near $84.78 on Thursday. The company has a market capitalization of approximately $76.05 billion, with a P/E ratio of 26.77 and a forward P/E of 20.60. The stock's beta is 1.21, indicating moderate volatility. Over the past 52 weeks, the stock has ranged from a low of $68.42 to a high of $91.52, with a 50-day moving average of $86.20 and a 200-day moving average of $78.72.

Recent Earnings

Canadian Pacific Kansas City reported revenue of $14.98 billion, with a slight decline of 2.5% in revenue growth. The company achieved a net margin of 27.21% and a return on equity of 8.43%. The next earnings report is scheduled for July 29, 2026.

Dividend

The company pays an annual dividend of $0.69 per share, yielding 0.81% with a payout ratio of 20.36%. The ex-dividend date details were not specified.

Insider Buying and Selling at Canadian Pacific Kansas City Limited

CEO Keith Creel sold shares on several occasions, including 78,636 shares at $78.00 on January 10, 2024, under a Rule 10b5-1 trading plan. He also sold 39,318 shares on December 11, 2023, at $72.89, and on November 10, 2023, at $72.80, also under planned transactions.

Analysts Set New Price Targets

On June 25, 2026, CIBC maintained its buy rating with a $143 price target for Canadian Pacific Kansas City. Evercore ISI Group also maintained its buy rating with a $91 target on the same day. Previously, Citigroup kept a buy rating with a $97 target on May 1, 2026. The consensus among 13 analysts is a buy rating, with a mean price target of $89.83.

About Canadian Pacific Kansas City Limited

Canadian Pacific Kansas City Limited operates a transcontinental freight railway network across Canada, the United States, and Mexico. The company transports bulk commodities like grain and coal, as well as industrial and consumer products, through a network covering approximately 20,000 miles. Headquartered in Calgary, Alberta, the company is led by CEO Keith E. Creel and employs about 19,539 people.

Bottom Line

CIBC's reiteration of a buy rating with a $143 target highlights confidence in Canadian Pacific Kansas City's prospects. Investors are keeping an eye on the company's performance, especially with the upcoming earnings report on July 29, 2026. As always, it's important to remember that analyst ratings and 13F filings are backward-looking and may not reflect the current market conditions.