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

University of Texas Texas AM Investment Management Co. grew its holdings in shares of CSX Corporation (NASDAQ:CSX) by 41.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 117,172 shares of the transportation company’s stock after purchasing an additional 34,109 shares during the quarter. CSX makes up 0.7% of University of Texas Texas AM Investment Management Co.’s investment portfolio, making the stock its 29th largest holding. University of Texas Texas AM Investment Management Co.’s holdings in CSX were worth $5,450,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in CSX. Almanack Investment Partners LLC. boosted its stake in CSX by 3.5% in the third quarter. Almanack Investment Partners LLC. now owns 22,199 shares of the transportation company’s stock valued at $1,032,000 after acquiring an additional 748 shares during the last quarter. M Holdings Securities Inc. purchased a new stake in shares of CSX during the 3rd quarter worth approximately $2,146,000. Avantax Planning Partners Inc. increased its stake in shares of CSX by 16.5% during the 3rd quarter. Avantax Planning Partners Inc. now owns 14,061 shares of the transportation company’s stock worth $654,000 after purchasing an additional 1,995 shares during the last quarter. Brighton Jones LLC increased its stake in shares of CSX by 5.3% during the 3rd quarter. Brighton Jones LLC now owns 24,012 shares of the transportation company’s stock worth $1,117,000 after purchasing an additional 1,211 shares during the last quarter. Finally, Ethic Inc. raised its holdings in shares of CSX by 12.9% in the 3rd quarter. Ethic Inc. now owns 173,349 shares of the transportation company’s stock worth $8,062,000 after purchasing an additional 19,866 shares during the period. 73.57% of the stock is currently owned by institutional investors.

Key CSX News

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

Analysts Set New Price Targets

Several equities analysts recently commented on the company. JPMorgan Chase & Co. upped their price objective on CSX from $57.00 to $58.00 and gave the company an “overweight” rating in a research note on Thursday, October 22nd. BMO Capital Markets reissued a “market perform” rating and issued a $52.00 target price (up from $49.00) on shares of CSX in a research report on Thursday, July 23rd. Wall Street Zen lowered CSX from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Susquehanna boosted their target price on CSX from $55.00 to $60.00 and gave the company a “positive” rating in a research note on Tuesday, October 27th. Finally, Barclays reaffirmed an “overweight” rating and set a $60.00 price target (up from $55.00) on shares of CSX in a research report on Thursday, July 23rd. Eighteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $52.20.

Insiders Place Their Bets

In other news, Director John Zillmer sold 19,500 shares of the company’s stock in a transaction dated Monday, October 26th. The stock was sold at an average price of $51.24, for a total transaction of $999,180.00. Following the sale, the director directly owned 334,214 shares in the company, valued at $17,125,125.36. This represents a 5.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.30% of the stock is owned by insiders.

CSX Stock Performance

Shares of CSX stock opened at $49.12 on Monday. The company’s fifty day simple moving average is $48.79 and its two-hundred day simple moving average is $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 price-to-earnings ratio of 25.45, a PEG 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 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.04. CSX had a return on equity of 25.94% and a net margin of 23.97%. The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.96 billion. During the same period in the previous year, the business earned $0.44 earnings per share. The firm’s quarterly revenue was up 12.0% compared to the same quarter last year. As a group, analysts anticipate that CSX Corporation will post 2.05 earnings per share for the current year.

CSX Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be issued a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Monday, November 30th. CSX’s payout ratio is presently 29.02%.

CSX Company Profile

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.