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
Shares of NYSE:CP opened at $81.59 on Friday. The company’s 50 day simple moving average is $73.33 and its 200 day simple moving average is $75.13. The stock has a market capitalization of $75.92 billion, a price-to-earnings ratio of 28.14, a price-to-earnings-growth 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 Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 28th. Investors of record on Friday, June 27th will be paid a $0.1644 dividend. This represents a $0.66 dividend on an annualized basis and a yield of 0.81%. This is a boost from Canadian Pacific Kansas City’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, June 27th. Canadian Pacific Kansas City’s dividend payout ratio (DPR) is 21.28%.
Analyst Ratings Changes
A number of analysts have weighed in on CP shares. Royal Bank of Canada cut their target price on shares of Canadian Pacific Kansas City from $122.00 to $121.00 and set an “outperform” rating on the stock in a research report on Thursday, May 1st. Loop Capital lowered shares of Canadian Pacific Kansas City from a “buy” rating to a “sell” rating in a research report on Monday, February 3rd. Stifel Nicolaus cut their target price on shares of Canadian Pacific Kansas City from $85.00 to $79.00 and set a “hold” rating on the stock in a research report on Monday, April 14th. Bank of America raised their target price on shares of Canadian Pacific Kansas City from $82.00 to $90.00 and gave the company a “buy” rating in a research report on Friday. Finally, Citigroup cut their price target on shares of Canadian Pacific Kansas City from $91.00 to $84.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat, Canadian Pacific Kansas City presently has a consensus rating of “Moderate Buy” and an average target price of $90.63.
Check Out Our Latest Research Report on Canadian Pacific Kansas City
Hedge Funds Weigh In On Canadian Pacific Kansas City
Several hedge funds and other institutional investors have recently bought and sold shares of CP. Barclays PLC lifted its holdings in Canadian Pacific Kansas City by 2.8% in the third quarter. Barclays PLC now owns 2,929,642 shares of the transportation company’s stock valued at $250,602,000 after buying an additional 81,111 shares during the period. JPMorgan Chase & Co. lifted its holdings in Canadian Pacific Kansas City by 4.5% in the third quarter. JPMorgan Chase & Co. now owns 8,768,362 shares of the transportation company’s stock valued at $750,046,000 after buying an additional 381,594 shares during the period. Miracle Mile Advisors LLC acquired a new position in Canadian Pacific Kansas City in the fourth quarter valued at $1,005,000. Assenagon Asset Management S.A. lifted its holdings in Canadian Pacific Kansas City by 6.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 28,386 shares of the transportation company’s stock valued at $2,054,000 after buying an additional 1,762 shares during the period. Finally, Park Avenue Securities LLC lifted its holdings in Canadian Pacific Kansas City by 5.1% in the fourth quarter. Park Avenue Securities LLC now owns 38,831 shares of the transportation company’s stock valued at $2,811,000 after buying an additional 1,879 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.
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.
Canadian Pacific Kansas City Company Profile
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.
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