Rep. Kevin Hern Sells CSX Corporation (NASDAQ:CSX) Stock

Representative Kevin Hern (R-Oklahoma) recently sold shares of CSX Corporation (NASDAQ:CSX). In a filing disclosed on November 16th, the Representative disclosed that they had sold between $15,001 and $50,000 in CSX stock on October 28th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” account.

Representative Kevin Hern also recently made the following trade(s):

  • Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 10/28/2025.
  • Sold $1,001 – $15,000 in shares of O’Reilly Automotive (NASDAQ:ORLY) on 10/28/2025.
  • Sold $15,001 – $50,000 in shares of Boston Scientific (NYSE:BSX) on 10/28/2025.
  • Sold $15,001 – $50,000 in shares of Seagate Technology (NASDAQ:STX) on 10/28/2025.
  • Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 10/28/2025.
  • Sold $100,001 – $250,000 in shares of Accenture (NYSE:ACN) on 10/27/2025.
  • Sold $1,001 – $15,000 in shares of McDonald’s (NYSE:MCD) on 10/23/2025.
  • Sold $100,001 – $250,000 in shares of McDonald’s (NYSE:MCD) on 10/23/2025.
  • Sold $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 10/6/2025.
  • Sold $15,001 – $50,000 in shares of Masimo (NASDAQ:MASI) on 9/26/2025.

CSX Stock Up 1.8%

CSX stock traded up $0.60 on Friday, hitting $34.28. 17,220,934 shares of the stock traded hands, compared to its average volume of 16,391,072. The business’s fifty day simple moving average is $35.05 and its 200 day simple moving average is $33.76. The firm has a market cap of $63.83 billion, a P/E ratio of 22.41, a price-to-earnings-growth ratio of 2.75 and a beta of 1.31. The company has a current ratio of 0.85, a quick ratio of 0.71 and a debt-to-equity ratio of 1.45. CSX Corporation has a 1 year low of $26.22 and a 1 year high of $37.25.

CSX (NASDAQ:CSXGet Free Report) last issued its quarterly earnings results on Thursday, October 16th. The transportation company reported $0.44 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.02. CSX had a net margin of 20.55% and a return on equity of 24.95%. The company had revenue of $3.59 billion during the quarter, compared to analysts’ expectations of $3.60 billion. During the same period last year, the company posted $0.45 EPS. CSX’s revenue was down .9% on a year-over-year basis. As a group, sell-side analysts forecast that CSX Corporation will post 1.83 earnings per share for the current year.

CSX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Friday, November 28th will be issued a $0.13 dividend. The ex-dividend date is Friday, November 28th. This represents a $0.52 dividend on an annualized basis and a yield of 1.5%. CSX’s dividend payout ratio is 33.99%.

Insider Buying and Selling

In related news, SVP Michael S. Burns sold 24,249 shares of the company’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $36.76, for a total transaction of $891,393.24. Following the completion of the sale, the senior vice president owned 51,640 shares in the company, valued at approximately $1,898,286.40. This represents a 31.95% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Kevin S. Boone sold 31,053 shares of the stock in a transaction dated Wednesday, October 22nd. The shares were sold at an average price of $36.09, for a total value of $1,120,702.77. Following the completion of the transaction, the executive vice president directly owned 197,521 shares in the company, valued at approximately $7,128,532.89. This represents a 13.59% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.55% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

CSX has been the subject of a number of recent research reports. Citigroup lifted their price objective on CSX from $41.00 to $42.00 in a research note on Friday, October 17th. Royal Bank Of Canada raised their price target on CSX from $39.00 to $41.00 and gave the company an “outperform” rating in a report on Tuesday, September 30th. UBS Group set a $45.00 price target on shares of CSX and gave the stock a “buy” rating in a research note on Friday, October 17th. Cowen restated a “buy” rating on shares of CSX in a research note on Friday, October 17th. Finally, Wall Street Zen raised shares of CSX from a “sell” rating to a “hold” rating in a report on Saturday, October 18th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $39.09.

Read Our Latest Stock Report on CSX

Institutional Trading of CSX

A number of institutional investors have recently made changes to their positions in CSX. Nuveen LLC purchased a new position in shares of CSX during the first quarter valued at approximately $182,550,000. Amundi grew its position in CSX by 34.5% in the 1st quarter. Amundi now owns 13,017,397 shares of the transportation company’s stock worth $364,357,000 after purchasing an additional 3,341,136 shares during the period. Ameriprise Financial Inc. raised its stake in CSX by 12.5% during the 1st quarter. Ameriprise Financial Inc. now owns 23,456,085 shares of the transportation company’s stock valued at $690,359,000 after buying an additional 2,599,518 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of CSX by 19.1% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 15,312,107 shares of the transportation company’s stock valued at $450,635,000 after buying an additional 2,454,895 shares during the period. Finally, Alliancebernstein L.P. boosted its stake in shares of CSX by 17.2% in the 1st quarter. Alliancebernstein L.P. now owns 13,389,771 shares of the transportation company’s stock worth $394,061,000 after buying an additional 1,964,994 shares during the last quarter. Hedge funds and other institutional investors own 73.57% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About CSX

(Get Free Report)

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.

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