CSX Corporation $CSX Holdings Increased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. raised its position in CSX Corporation (NASDAQ:CSX) by 394.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,480,259 shares of the transportation company’s stock after purchasing an additional 1,180,811 shares during the period. Robeco Institutional Asset Management B.V. owned 0.08% of CSX worth $68,847,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in shares of CSX in the second quarter worth $7,655,277,000. Bank of America Corp DE purchased a new stake in shares of CSX in the second quarter worth $1,598,962,000. Bank of New York Mellon Corp purchased a new stake in shares of CSX in the second quarter worth $950,325,000. XXEC Inc. bought a new stake in CSX during the second quarter valued at $765,595,000. Finally, Legal & General Group Plc bought a new stake in CSX during the second quarter valued at $747,001,000. 73.57% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on CSX. Susquehanna reduced their target price on CSX from $59.00 to $55.00 and set a “positive” rating for the company in a research report on Friday, October 2nd. Citigroup restated a “cautious” rating on shares of CSX in a research note on Wednesday, October 7th. Weiss Ratings raised CSX from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, August 11th. Raymond James Financial reiterated an “outperform” rating and set a $53.00 price target on shares of CSX in a research report on Thursday, October 15th. Finally, Stifel Nicolaus set a $54.00 price target on CSX in a research report on Thursday, July 23rd. Eighteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $51.83.

CSX Stock Up 6.8%

Shares of NASDAQ:CSX opened at $51.67 on Friday. The firm has a market capitalization of $95.72 billion, a PE ratio of 29.87, a price-to-earnings-growth ratio of 2.28 and a beta of 1.21. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.72 and a current ratio of 0.82. CSX Corporation has a 52-week low of $33.63 and a 52-week high of $53.60. The firm has a fifty day moving average of $48.69 and a 200 day moving average of $47.59.

CSX (NASDAQ:CSX) last released its quarterly earnings results on Wednesday, October 21st. The transportation company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.04. CSX had a return on equity of 26.31% and a net margin of 23.97%. The business had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.96 billion. During the same quarter last year, the business posted $0.44 earnings per share. The company’s revenue for the quarter was up 12.0% on a year-over-year basis. As a group, research analysts anticipate that CSX Corporation will post 1.99 EPS for the current fiscal year.

CSX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be issued a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Monday, November 30th. CSX’s dividend payout ratio is presently 32.37%.

Key Headlines Impacting CSX

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Q3 earnings and revenue beat expectations. CSX reported $0.57 in adjusted EPS versus the $0.53 consensus estimate and $4.02 billion in revenue versus expectations of $3.96 billion. Revenue increased 12% year over year, while net earnings reached $1.05 billion. CSX increases earnings and revenue
• Positive Sentiment: Volumes and margins improved materially. Total volume rose 5%, with intermodal volume up 7% to a record level. Operating income increased 44% to $1.57 billion, and the operating margin expanded to 39.1%. Management also cited a 3% reduction in nonfuel costs, supporting the view that the improvement was not solely driven by fuel surcharges. CSX: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Management offered constructive growth targets. CSX projects high-single-digit revenue growth in 2026 and is targeting more than 350 basis points of operating-margin expansion. Higher rail volumes may also benefit CSX relative to trucking companies as elevated fuel costs pressure truck transportation. CSX projects 2026 revenue growth
• Positive Sentiment: Analysts raised their estimates. Bank of America increased its price target to $57 from $55 with a Buy rating, while JPMorgan raised its target to $58 and maintained an Overweight rating. CSX Analysts Boost Their Forecasts
• Neutral Sentiment: CSX announced the elimination of more than 100 management positions, which could improve efficiency but may also signal ongoing cost-control efforts. CSX eliminates management positions
• Negative Sentiment: Risks include valuation concerns and conflicting analyst views: Morgan Stanley maintained a $32 Sell target, while Raymond James reduced its target to $53. A law firm is also investigating potential class-action claims related to a reported customer-data breach. CSX Sell Rating Maintained

About CSX

CSX Corporation is a transportation company whose primary business is freight railroading through its CSX Transportation subsidiary. The company operates an extensive rail network across the eastern United States, serving major industrial centers, population hubs, ports and distribution markets.

CSX transports a broad range of products, including chemicals, agricultural and food products, forest products, minerals, metals, automotive goods and other manufactured merchandise. Its services also include intermodal transportation, which combines rail service with trucks and containers, as well as the movement of coal and other bulk commodities.

The company traces its roots to the formation of CSX Corporation in 1980 through the merger of Chessie System and Seaboard Coast Line Industries.