CSX Corporation $CSX Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its holdings in shares of CSX Corporation (NASDAQ:CSX) by 3.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 406,688 shares of the transportation company’s stock after buying an additional 12,637 shares during the quarter. Kestra Advisory Services LLC’s holdings in CSX were worth $18,915,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Archer Investment Corp bought a new stake in CSX during the 2nd quarter valued at $26,000. N.E.W. Advisory Services LLC purchased a new position in shares of CSX in the 2nd quarter valued at $27,000. Pin Oak Investment Advisors Inc. purchased a new position in shares of CSX in the 2nd quarter valued at $29,000. Covestor Ltd raised its position in shares of CSX by 51.7% in the 3rd quarter. Covestor Ltd now owns 619 shares of the transportation company’s stock worth $29,000 after acquiring an additional 211 shares in the last quarter. Finally, Manning & Napier Advisors LLC bought a new position in shares of CSX in the 2nd quarter worth $30,000. Hedge funds and other institutional investors own 73.57% of the company’s stock.

CSX Stock Performance

CSX opened at $49.12 on Monday. CSX Corporation has a 52-week low of $33.63 and a 52-week high of $53.60. The company has a quick ratio of 0.75, a current ratio of 0.84 and a debt-to-equity ratio of 1.19. The company has a market cap of $90.55 billion, a P/E ratio of 25.45, a price-to-earnings-growth ratio of 2.15 and a beta of 1.12. The firm’s 50-day moving average price is $48.79 and its 200-day moving average price is $45.89.

CSX (NASDAQ:CSX) last released its 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. The company had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.96 billion. CSX had a net margin of 23.97% and a return on equity of 25.94%. CSX’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same period last year, the business earned $0.44 EPS. As a group, equities analysts anticipate that CSX Corporation will post 2.05 EPS for the current fiscal year.

CSX Announces Dividend

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

Key Headlines Impacting CSX

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

Insider Transactions at CSX

In other CSX news, Director John Zillmer sold 19,500 shares of the firm’s 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 completion of the transaction, the director owned 334,214 shares of the company’s stock, valued at approximately $17,125,125.36. This trade represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.30% of the company’s stock.

Analyst Ratings Changes

CSX has been the subject of a number of analyst reports. TD Cowen restated a “buy” rating and set a $55.00 price objective (up from $54.00) on shares of CSX in a research note on Thursday, October 22nd. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $49.00 price objective on shares of CSX in a research report on Thursday, October 22nd. Wall Street Zen lowered CSX from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. UBS Group set a $54.00 target price on CSX in a research note on Thursday, October 22nd. Finally, Citizens Jmp initiated coverage on shares of CSX in a report on Wednesday, July 15th. They issued a “market perform” rating for the company. Eighteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, CSX presently has a consensus rating of “Moderate Buy” and an average target price of $52.20.

CSX 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.