CSX Corporation $CSX Stock Purchased by University of Texas Texas AM Investment Management Co.

University of Texas Texas AM Investment Management Co. increased its holdings in CSX Corporation (NASDAQ:CSX) by 41.1% during the third quarter, HoldingsChannel reports. The institutional investor owned 117,172 shares of the transportation company’s stock after acquiring an additional 34,109 shares during the quarter. CSX comprises 0.7% of University of Texas Texas AM Investment Management Co.’s investment portfolio, making the stock its 29th biggest position. University of Texas Texas AM Investment Management Co.’s holdings in CSX were worth $5,450,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. BlackRock Inc. bought a new position in CSX in the 2nd quarter worth about $7,655,277,000. XXEC Inc. bought a new stake in shares of CSX during the 2nd quarter valued at about $765,595,000. Bank of America Corp DE bought a new stake in shares of CSX during the 2nd quarter valued at about $1,598,962,000. Bank of New York Mellon Corp purchased a new position in shares of CSX during the second quarter worth about $950,325,000. Finally, Legal & General Group Plc purchased a new position in shares of CSX during the second quarter worth about $747,001,000. Hedge funds and other institutional investors own 73.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on CSX shares. Wall Street Zen cut shares of CSX from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. UBS Group set a $54.00 target price on shares of CSX in a research report on Thursday, October 22nd. Argus set a $56.00 price target on shares of CSX in a research note on Friday, July 31st. JPMorgan Chase & Co. increased their price target on shares of CSX from $57.00 to $58.00 and gave the stock an “overweight” rating in a report on Thursday, October 22nd. Finally, Stifel Nicolaus set a $54.00 price target on shares of CSX in a report on Thursday, July 23rd. Eighteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, CSX presently has an average rating of “Moderate Buy” and an average price target of $52.20.

Insider Activity

In related news, Director John Zillmer sold 19,500 shares of CSX stock in a transaction on Monday, October 26th. The shares were sold at an average price of $51.24, for a total value of $999,180.00. Following the transaction, the director directly owned 334,214 shares of the company’s stock, valued at $17,125,125.36. The trade was a 5.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.30% of the company’s stock.

CSX Stock Performance

Shares of CSX stock opened at $49.12 on Monday. The business has a 50-day moving average of $48.79 and a 200 day moving average of $45.89. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.84 and a quick ratio of 0.75. CSX Corporation has a 1-year low of $33.63 and a 1-year high of $53.60. The stock has a market capitalization of $90.55 billion, a PE ratio of 25.45, a P/E/G ratio of 2.15 and a beta of 1.12.

CSX (NASDAQ:CSX) last announced its quarterly earnings results on Wednesday, October 21st. The transportation company reported $0.57 EPS for the quarter, topping analysts’ consensus estimates of $0.53 by $0.04. CSX had a return on equity of 25.94% and a net margin of 23.97%. The business had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $3.96 billion. During the same period in the previous year, the firm earned $0.44 EPS. The business’s quarterly revenue was up 12.0% on a year-over-year basis. As a group, sell-side analysts anticipate that CSX Corporation will post 2.05 earnings per share for the current year.

CSX Dividend Announcement

The company also recently announced 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. The ex-dividend date is Monday, November 30th. This represents a $0.56 annualized dividend and a dividend yield of 1.1%. CSX’s dividend payout ratio (DPR) is currently 29.02%.

CSX News Summary

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Zacks Research raised several forecasts, including FY2026 EPS to $2.06 from $2.00 and FY2027 EPS to $2.32 from $2.14, signaling a more favorable earnings outlook. CSX stock gets higher 2026 earnings forecast from Zacks
• Neutral Sentiment: CSX’s CFO is due to speak at a Baird conference. The appearance may give investors clues about operating trends or guidance, but the reports do not indicate that new comments have been made yet. CSX stock faces fresh test before CFO speaks at Baird conference
• Negative Sentiment: Zacks trimmed its Q2 2028 EPS estimate to $0.53 from $0.54, a modest counterpoint to its other forecast increases that may contribute to investor caution. CSX stock faces higher earnings bar after Zacks upgrade
• Negative Sentiment: Local reports described a CSX train striking a semi-truck and a separate incident involving a teenager. The articles provide no indication of broader operational or financial consequences, but the incidents may draw safety scrutiny. CSX train hits semi-truck near downtown Decatur crossing

About CSX

CSX Corporation is a freight transportation company that operates one of the largest rail networks in the eastern United States. Its rail system serves customers across much of the eastern U.S., as well as parts of Canada, and connects with other railroads and ports.

CSX transports a broad range of goods, including chemicals, agricultural and food products, automobiles, minerals, forest products, coal and intermodal freight. Its services include rail transportation, intermodal shipping that combines rail and truck transport, and related logistics and supply-chain services.

The company was formed in 1980 through the merger of Chessie System and Seaboard Coast Line Industries, combining railroads with histories dating to the 19th century.