CSX (NASDAQ:CSX) Stock Sold Off by Rep. Kevin Hern

Posted by Casey Walker on Sep 29th, 2026

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of CSX Corporation (NASDAQ:CSX). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in CSX stock on August 27th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” account.

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

Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

CSX Price Performance

Shares of NASDAQ:CSX traded up $0.17 during trading on Tuesday, reaching $46.93. 7,992,681 shares of the company traded hands, compared to its average volume of 12,631,856. The firm has a market capitalization of $86.94 billion, a PE ratio of 27.13, a PEG ratio of 2.20 and a beta of 1.21. 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 0.72, a current ratio of 0.82 and a debt-to-equity ratio of 1.22. The company’s 50 day moving average is $49.73 and its two-hundred day moving average is $46.57.

CSX (NASDAQ:CSX – Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.54 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.02. CSX had a return on equity of 24.98% and a net margin of 22.21%.The company had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.89 billion. During the same quarter last year, the business earned $0.44 earnings per share. CSX’s revenue was up 10.1% on a year-over-year basis. As a group, sell-side analysts predict that CSX Corporation will post 2 earnings per share for the current year.

CSX Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were issued a $0.14 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $0.56 annualized dividend and a yield of 1.2%. CSX’s payout ratio is currently 32.37%.

Institutional Investors Weigh In On CSX

Several large investors have recently added to or reduced their stakes in CSX. Archer Investment Corp bought a new position in CSX during the second quarter worth $26,000. N.E.W. Advisory Services LLC acquired a new stake in CSX in the 2nd quarter valued at $27,000. Pin Oak Investment Advisors Inc. bought a new stake in CSX during the 2nd quarter valued at $29,000. Manning & Napier Advisors LLC acquired a new position in CSX during the second quarter worth $30,000. Finally, Arlington Trust Co LLC lifted its stake in shares of CSX by 58.0% in the second quarter. Arlington Trust Co LLC now owns 681 shares of the transportation company’s stock valued at $32,000 after buying an additional 250 shares in the last quarter. Institutional investors and hedge funds own 73.57% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on CSX shares. Barclays reissued an “overweight” rating and set a $60.00 target price (up from $55.00) on shares of CSX in a research note on Thursday, July 23rd. BMO Capital Markets reaffirmed a “market perform” rating and set a $52.00 price target (up from $49.00) on shares of CSX in a report on Thursday, July 23rd. Bank of America dropped their price objective on shares of CSX from $56.00 to $55.00 and set a “buy” rating for the company in a research note on Friday, September 18th. Robert W. Baird upped their price objective on CSX from $49.00 to $53.00 and gave the company an “outperform” rating in a research note on Tuesday, July 7th. Finally, Morgan Stanley set a $32.00 price objective on shares of CSX and gave the stock an “underweight” rating in a research note on Monday, July 6th. 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 data from MarketBeat.com, CSX presently has an average rating of “Moderate Buy” and an average target price of $51.24.

Get Our Latest Research Report on CSX

Insider Activity

In related news, CAO Angela Williams sold 30,000 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $53.29, for a total value of $1,598,700.00. Following the transaction, the chief accounting officer owned 10,437 shares of the company’s stock, valued at approximately $556,187.73. This trade represents a 74.19% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Michael Burns sold 13,000 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $52.68, for a total value of $684,840.00. Following the completion of the transaction, the senior vice president owned 59,643 shares in the company, valued at $3,141,993.24. This represents a 17.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.30% 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.

CSX Company Profile

(Get Free Report)

CSX Corporation (NASDAQ:CSX) is a transportation company that provides rail-based freight services through its principal subsidiary, CSX Transportation. The company moves a broad range of products, including agricultural and food products, chemicals, minerals, forest products, metals, automotive shipments, and consumer goods.

CSX also provides intermodal transportation, connecting rail shipments with trucks, ports, and distribution facilities. Its network serves the eastern United States and reaches parts of Canada, linking major industrial regions, population centers, manufacturing locations, and Atlantic and Gulf Coast ports.

CSX traces its history to the 1980 merger of Chessie System and Seaboard Coast Line Industries.