CP

CP Stock Defies Annual Trend, Soars Today.

This afternoon we watched Canadian Pacific Kansas City rise 1.3% to a price of $75.35 per share. The Large-Cap Railroads company is now trading -39.48% below its average target price of $124.5. Analysts have set target prices ranging from $102.632 to $138.47 per share for Canadian Pacific Kansas City, and have given the stock an average rating of buy.

The stock has a very low short interest at 1.0%, and a short ratio of 3.32. At 0.03%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that an average number of institutional investors are invested in the stock, with 75.8% of Canadian Pacific Kansas City's shares being owned by this investor type.

Institutions Invested in Canadian Pacific Kansas City

Date Reported Holder Percentage Shares Value
2024-09-30 TCI Fund Management Ltd 6% 54,913,285 $4,137,715,940
2024-09-30 Royal Bank of Canada 6% 51,439,918 $3,875,997,742
2024-09-30 Vanguard Group Inc 4% 36,286,507 $2,734,188,247
2024-09-30 FMR, LLC 3% 26,192,497 $1,973,604,608
2024-09-30 WCM Investment Management, LLC 3% 24,169,987 $1,821,208,483
2024-09-30 TD Asset Management, Inc 2% 21,704,412 $1,635,427,411
2024-09-30 Bank of Montreal/Can/ 2% 19,896,890 $1,499,230,631
2024-09-30 Massachusetts Financial Services Co. 2% 16,428,818 $1,237,911,411
2024-09-30 Mackenzie Financial Corporation 2% 15,072,059 $1,135,679,622
2024-09-30 Pershing Square Capital Management, L.P. 2% 14,877,651 $1,121,030,980

Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Canadian Pacific Kansas City.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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