CSX Corporation $CSX Stock Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC lifted its position in CSX Corporation (NASDAQ:CSX) by 5.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 222,954 shares of the transportation company’s stock after purchasing an additional 12,411 shares during the quarter. Yousif Capital Management LLC’s holdings in CSX were worth $10,370,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in CSX. Archer Investment Corp bought a new stake in CSX during the second quarter valued at $26,000. N.E.W. Advisory Services LLC purchased a new position in CSX during the second quarter worth about $27,000. Pin Oak Investment Advisors Inc. bought a new position in CSX in the 2nd quarter worth about $29,000. Manning & Napier Advisors LLC bought a new position in CSX in the 2nd quarter worth about $30,000. Finally, Arlington Trust Co LLC increased its stake in CSX by 58.0% in the 2nd quarter. Arlington Trust Co LLC now owns 681 shares of the transportation company’s stock worth $32,000 after acquiring an additional 250 shares during the last quarter. Hedge funds and other institutional investors own 73.57% of the company’s stock.

CSX News Roundup

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Q3 earnings beat expectations: CSX reported revenue of $4.02 billion, up 12% year over year and above the $3.96 billion consensus estimate. Adjusted earnings of $0.57 per share exceeded expectations of approximately $0.52-$0.53 and rose from $0.44 a year earlier. CSX Q3 Earnings and Revenues Beat Estimates
• Positive Sentiment: Volume and margins improved: Freight volume increased 5%, while intermodal volume climbed 7% to a record level. Higher pricing, cost controls and a 3% reduction in nonfuel costs helped drive substantial operating-income and profit growth despite higher fuel expenses. CSX Three Key Takeaways
• Positive Sentiment: Constructive outlook: Management is targeting high-single-digit revenue growth in 2026 and more than 350 basis points of operating-margin expansion, reinforcing the view that execution and industrial demand are improving. CSX Projects 2026 Growth
• Positive Sentiment: Analyst targets increased: Bank of America raised its price target to $57 and maintained a Buy rating, while JPMorgan lifted its target to $58 and reiterated Overweight. CSX Analysts Boost Forecasts
• Neutral Sentiment: Railroads may gain a competitive advantage as elevated fuel costs weigh more heavily on trucking, potentially supporting freight conversions to rail. US Railroads Pull Ahead
• Negative Sentiment: CSX trades at a relatively demanding valuation, and Morgan Stanley maintained a Sell rating with a $32 target, citing valuation and longer-term risks. Raymond James also cut its target to $53.
• Negative Sentiment: A law firm is investigating potential class-action claims related to a reported customer data breach, creating possible legal, reputational and compliance costs. CSX Data Breach Investigation

Analyst Ratings Changes

Several analysts have weighed in on the company. Benchmark reaffirmed a “buy” rating and issued a $54.00 price target (up from $48.00) on shares of CSX in a report on Wednesday, July 15th. Bank of America boosted their price objective on CSX from $55.00 to $57.00 and gave the stock a “buy” rating in a report on Thursday. UBS Group set a $54.00 price objective on shares of CSX in a research report on Thursday. Robert W. Baird upped their price objective on shares of CSX from $49.00 to $53.00 and gave the stock an “outperform” rating in a research report on Tuesday, July 7th. Finally, Citizens Jmp started coverage on shares of CSX in a research note on Wednesday, July 15th. They issued a “market perform” rating on the stock. Eighteen equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, CSX currently has a consensus rating of “Moderate Buy” and an average target price of $52.02.

CSX Stock Performance

NASDAQ CSX opened at $50.79 on Friday. CSX Corporation has a 52-week low of $33.63 and a 52-week high of $53.60. The company has a fifty day moving average of $48.70 and a 200-day moving average of $47.61. The company has a market capitalization of $93.63 billion, a P/E ratio of 26.32, a P/E/G ratio of 2.38 and a beta of 1.21. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.72 and a current ratio of 0.84.

CSX (NASDAQ:CSX) last released its earnings results on Wednesday, October 21st. The transportation company reported $0.57 EPS for the quarter, beating analysts’ consensus estimates of $0.53 by $0.04. The business had revenue of $4.02 billion for the quarter, compared to analysts’ expectations of $3.96 billion. CSX had a return on equity of 25.94% and a net margin of 23.97%. The firm’s revenue was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.44 earnings per share. As a group, equities research analysts predict that CSX Corporation will post 2.01 EPS for the current fiscal year.

CSX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a dividend of $0.14 per share. 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 is 29.02%.

CSX Company Profile

CSX Corporation is a transportation company whose primary business is freight railroading through its CSX Transportation subsidiary. The company operates an extensive rail network across the eastern United States, serving major industrial centers, population hubs, ports and distribution markets.

CSX transports a broad range of products, including chemicals, agricultural and food products, forest products, minerals, metals, automotive goods and other manufactured merchandise. Its services also include intermodal transportation, which combines rail service with trucks and containers, as well as the movement of coal and other bulk commodities.

The company traces its roots to the formation of CSX Corporation in 1980 through the merger of Chessie System and Seaboard Coast Line Industries.