Osaic Holdings Inc. Acquires 36,695 Shares of Canadian Natural Resources Limited $CNQ

Osaic Holdings Inc. grew its position in shares of Canadian Natural Resources Limited (NYSE:CNQ) (TSE:CNQ) by 32.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 150,642 shares of the oil and gas producer’s stock after acquiring an additional 36,695 shares during the period. Osaic Holdings Inc.’s holdings in Canadian Natural Resources were worth $4,729,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in CNQ. Picton Mahoney Asset Management bought a new position in shares of Canadian Natural Resources in the second quarter worth approximately $162,575,000. Canada Pension Plan Investment Board boosted its position in shares of Canadian Natural Resources by 13.0% in the 1st quarter. Canada Pension Plan Investment Board now owns 41,769,153 shares of the oil and gas producer’s stock worth $1,285,464,000 after purchasing an additional 4,805,451 shares in the last quarter. Vanguard Group Inc. grew its position in Canadian Natural Resources by 3.4% during the 2nd quarter. Vanguard Group Inc. now owns 90,742,099 shares of the oil and gas producer’s stock valued at $2,852,024,000 after purchasing an additional 3,003,542 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Canadian Natural Resources by 19.8% during the second quarter. Geode Capital Management LLC now owns 17,146,792 shares of the oil and gas producer’s stock valued at $548,214,000 after acquiring an additional 2,832,155 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its stake in shares of Canadian Natural Resources by 10.3% in the second quarter. The Manufacturers Life Insurance Company now owns 27,359,777 shares of the oil and gas producer’s stock worth $855,414,000 after purchasing an additional 2,546,233 shares during the last quarter. Hedge funds and other institutional investors own 74.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on CNQ shares. Wells Fargo & Company upgraded Canadian Natural Resources to a “hold” rating in a research report on Thursday, October 16th. Royal Bank Of Canada restated an “outperform” rating and issued a $62.00 target price on shares of Canadian Natural Resources in a report on Wednesday, September 24th. Scotiabank restated an “outperform” rating on shares of Canadian Natural Resources in a research note on Thursday, October 9th. TD Securities restated a “buy” rating on shares of Canadian Natural Resources in a report on Tuesday, September 30th. Finally, Desjardins cut shares of Canadian Natural Resources from a “buy” rating to a “hold” rating in a report on Monday, November 24th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $62.00.

Canadian Natural Resources Price Performance

Canadian Natural Resources stock opened at $32.87 on Wednesday. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.53 and a current ratio of 0.86. Canadian Natural Resources Limited has a 1 year low of $24.65 and a 1 year high of $35.12. The stock has a market capitalization of $68.45 billion, a P/E ratio of 14.54 and a beta of 0.70. The company’s fifty day moving average price is $32.44 and its 200 day moving average price is $31.91.

Canadian Natural Resources (NYSE:CNQ) (TSE:CNQ) last posted its quarterly earnings results on Thursday, November 6th. The oil and gas producer reported $0.62 EPS for the quarter, beating the consensus estimate of $0.54 by $0.08. Canadian Natural Resources had a return on equity of 18.93% and a net margin of 14.90%.The firm had revenue of $6.79 billion during the quarter, compared to analysts’ expectations of $6.81 billion. During the same quarter last year, the firm earned $0.97 earnings per share. As a group, equities research analysts anticipate that Canadian Natural Resources Limited will post 2.45 earnings per share for the current fiscal year.

Canadian Natural Resources Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 6th. Investors of record on Friday, December 12th will be paid a dividend of $0.5875 per share. The ex-dividend date is Friday, December 12th. This is a positive change from Canadian Natural Resources’s previous quarterly dividend of $0.43. This represents a $2.35 annualized dividend and a yield of 7.2%. Canadian Natural Resources’s dividend payout ratio (DPR) is presently 74.34%.

Key Canadian Natural Resources News

Here are the key news stories impacting Canadian Natural Resources this week:

• Positive Sentiment: Zacks Research raised multiple quarterly and full?year EPS forecasts for CNQ (Q4 2025, Q1 2026, Q4 2026, Q1 & Q2 2027 and FY2026/FY2027), nudging FY2027 to $2.49 from $2.45 — a direct earnings?estimate catalyst supporting the stock. (Zacks maintained a “Hold” rating.)
• Positive Sentiment: An AmericanBankingNews summary highlights Zacks’ bullish outlook on CNQ’s FY2025 earnings, reinforcing the view that analysts are trimming downside risk to near?term profits. Article Title
• Neutral Sentiment: Zacks published a comparison piece “BTE or CNQ? Canada’s Oil Investors Weigh 2026 Trade” that frames CNQ as a steady, lower?growth option versus higher?momentum peers — useful context for investors weighing sector rotations. BTE or CNQ? Canada’s Oil Investors Weigh 2026 Trade
• Neutral Sentiment: A TFSA/dividend roundup that circulated recently may have highlighted CNQ among high?yield dividend candidates for tax?sheltered accounts — a reminder that income investors monitor CNQ, but it’s not an earnings driver. TFSA: 3 Top-Tier Dividend Stocks for That $7,000 Contribution

Canadian Natural Resources Company Profile

Canadian Natural Resources Limited (NYSE: CNQ) is a Calgary-based independent oil and natural gas exploration and production company. Established in the early 1970s and publicly listed in Canada and the United States, the company is principally engaged in the exploration, development, production, and marketing of crude oil, natural gas and natural gas liquids. Its asset base spans conventional and unconventional reservoirs and includes oil sands mining and in-situ thermal projects, midstream processing and upgrading capacity, and related field operations.

The company’s operations are concentrated in Western Canada, where it develops heavy crude, bitumen from oil sands and conventional light crude and natural gas resources.