Key Points
- EVP Stephen Fortune sold 31,456 CSX shares on Feb. 3 at an average price of $38.65 (~$1.22M), reducing his stake by about 27.7% to 82,034 shares (SEC filing).
- CSX missed Q4 estimates (EPS $0.39 vs. $0.41; revenue $3.51B vs. $3.59B) even as the stock trades near its 52‑week high; analysts maintain a consensus "Moderate Buy" with a target around $39.77 while several firms have slightly trimmed targets to the low $40s.
CSX Corporation (NASDAQ:CSX - Get Free Report) EVP Stephen Fortune sold 31,456 shares of the firm's stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $38.65, for a total value of $1,215,774.40. Following the transaction, the executive vice president directly owned 82,034 shares in the company, valued at approximately $3,170,614.10. This represents a 27.72% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
CSX Stock Performance
Shares of CSX stock opened at $39.87 on Thursday. The stock's 50-day moving average price is $36.52 and its 200 day moving average price is $35.38. The company has a quick ratio of 0.71, a current ratio of 0.81 and a debt-to-equity ratio of 1.38. The stock has a market capitalization of $74.24 billion, a PE ratio of 25.89, a price-to-earnings-growth ratio of 1.99 and a beta of 1.30. CSX Corporation has a 52-week low of $26.22 and a 52-week high of $40.01.
CSX (NASDAQ:CSX - Get Free Report) last announced its earnings results on Thursday, January 22nd. The transportation company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.02). The company had revenue of $3.51 billion during the quarter, compared to analysts' expectations of $3.59 billion. CSX had a net margin of 20.50% and a return on equity of 23.88%. The company's revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter last year, the business posted $0.42 earnings per share. As a group, equities research analysts forecast that CSX Corporation will post 1.83 EPS for the current year.
Analyst Ratings Changes
A number of equities analysts have commented on CSX shares. Evercore ISI cut their price objective on shares of CSX from $41.00 to $40.00 and set an "outperform" rating for the company in a research report on Friday, January 23rd. JPMorgan Chase & Co. cut their price target on shares of CSX from $43.00 to $41.00 and set an "overweight" rating for the company in a report on Friday, January 23rd. Wolfe Research reduced their price objective on shares of CSX from $43.00 to $42.00 and set an "outperform" rating for the company in a research report on Thursday, January 8th. Raymond James Financial boosted their target price on CSX from $40.00 to $41.00 and gave the stock an "outperform" rating in a research report on Friday, January 23rd. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of CSX in a research note on Monday, December 29th. Nineteen equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, CSX presently has a consensus rating of "Moderate Buy" and a consensus target price of $39.77.
View Our Latest Stock Report on CSX
Institutional Investors Weigh In On CSX
Institutional investors and hedge funds have recently modified their holdings of the company. Twin Peaks Wealth Advisors LLC purchased a new stake in CSX during the second quarter worth $25,000. FNY Investment Advisers LLC raised its stake in shares of CSX by 437.3% during the 3rd quarter. FNY Investment Advisers LLC now owns 720 shares of the transportation company's stock worth $25,000 after buying an additional 586 shares during the last quarter. WFA of San Diego LLC acquired a new position in shares of CSX during the 2nd quarter worth $28,000. Pinnacle Bancorp Inc. boosted its position in shares of CSX by 121.5% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 1,329 shares of the transportation company's stock worth $47,000 after buying an additional 729 shares in the last quarter. Finally, Aventura Private Wealth LLC acquired a new stake in CSX in the 4th quarter valued at about $63,000. Institutional investors and hedge funds own 73.57% of the company's stock.
CSX News Roundup
Here are the key news stories impacting CSX this week:
- Positive Sentiment: Analyst upgrade pushed CSX to a new 12‑month high, supporting bullish momentum from research coverage. CSX (NASDAQ:CSX) Hits New 12-Month High Following Analyst Upgrade
- Positive Sentiment: Shares also hit a 52‑week high, signaling strong short‑term buying interest and reinforcing positive technical momentum. Csx stock reaches 52-week high at 38.12 USD
- Neutral Sentiment: CSX announced leadership changes including an executive retirement and a new HR chief; this is a governance/operations item that may affect execution over time but is not an immediate earnings driver. CSX Announces Leadership Changes to its Executive Team
- Neutral Sentiment: Evercore trimmed its price target slightly to $40 from $41 but kept an Outperform rating, noting 2026 margin prospects offset a Q4 EPS miss — a mixed analyst view that supports the stock but tempers upside. Is CSX Corporation (CSX) One of the Best Large Cap Stocks to Buy Under $50?
- Neutral Sentiment: Reported short‑interest data shows no meaningful change and is not contributing to current price moves.
- Negative Sentiment: Insider selling: EVP Stephen Fortune sold 31,456 shares (~$1.22M) and cut his stake ~27.7% in early February — insider sales can be perceived negatively by the market. SEC Filing
CSX Company Profile
(
Get Free Report)
CSX Corporation is a leading North American transportation company that provides rail-based freight services and supply-chain solutions. Its operating subsidiary, CSX Transportation, moves a wide range of goods for customers across multiple industries, using a combination of long-haul rail service, intermodal operations and terminal and yard services. The company focuses on delivering efficient, reliable freight transportation between major production centers, consumption markets and port gateways.
CSX's freight portfolio includes intermodal containers and trailers, bulk commodities, industrial products and specialized unit trains.
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