CSX (NASDAQ:CSX) Stock Sale Disclosed by Rep. Kevin Hern

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 31st. 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 Stock Performance

CSX traded up $0.17 on Tuesday, reaching $46.93. 7,992,697 shares of the stock were exchanged, compared to its average volume of 12,632,105. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.82 and a quick ratio of 0.72. The company’s 50-day moving average price is $49.67 and its 200 day moving average price is $46.62. 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 fifty-two week low of $33.63 and a fifty-two week high of $53.60.

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

CSX Announces Dividend

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

Institutional Trading of CSX

Large investors have recently bought and sold shares of the business. QRG Capital Management Inc. lifted its stake in CSX by 9.7% in the 2nd quarter. QRG Capital Management Inc. now owns 303,294 shares of the transportation company’s stock worth $14,790,000 after purchasing an additional 26,779 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its position in shares of CSX by 22.3% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 50,812 shares of the transportation company’s stock valued at $2,415,000 after purchasing an additional 9,272 shares in the last quarter. Andra AP fonden grew its position in shares of CSX by 6.7% in the second quarter. Andra AP fonden now owns 401,947 shares of the transportation company’s stock valued at $19,105,000 after purchasing an additional 25,400 shares in the last quarter. Security National Bank of Sioux City Iowa IA acquired a new stake in shares of CSX in the second quarter valued at approximately $58,000. Finally, Reynders McVeigh Capital Management LLC lifted its position in CSX by 18.1% during the second quarter. Reynders McVeigh Capital Management LLC now owns 33,664 shares of the transportation company’s stock worth $1,600,000 after buying an additional 5,169 shares in the last quarter. Hedge funds and other institutional investors own 73.57% of the company’s stock.

Insider Buying and Selling at CSX

In related news, SVP Michael S. Burns sold 13,000 shares of the firm’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $52.68, for a total transaction of $684,840.00. Following the completion of the transaction, the senior vice president directly owned 59,643 shares in the company, valued at $3,141,993.24. This trade represents a 17.90% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Angela C. Williams sold 30,000 shares of CSX 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 completion of the transaction, the chief accounting officer owned 10,437 shares of the company’s stock, valued at $556,187.73. The trade was a 74.19% decrease in their position. The SEC filing for this sale provides additional information. 0.30% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on the company. Bank of America reduced their price objective on CSX from $56.00 to $55.00 and set a “buy” rating for the company in a research note on Friday, September 18th. BMO Capital Markets restated a “market perform” rating and issued a $52.00 price objective (up from $49.00) on shares of CSX in a research report on Thursday, July 23rd. Argus set a $56.00 target price on shares of CSX in a research note on Friday, July 31st. Barclays reissued an “overweight” rating and issued a $60.00 price objective (up from $55.00) on shares of CSX in a report on Thursday, July 23rd. Finally, Wall Street Zen downgraded shares of CSX from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Eighteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $51.24.

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

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.