29,980 CSX Corporation $CSX Shares Sold by GPM Growth Investors Inc.

GPM Growth Investors Inc. lessened its position in CSX Corporation (NASDAQ:CSX) by 34.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,504 shares of the transportation company’s stock after selling 29,980 shares during the period. CSX makes up 1.2% of GPM Growth Investors Inc.’s holdings, making the stock its 28th largest position. GPM Growth Investors Inc.’s holdings in CSX were worth $2,675,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of CSX. Evolve Private Wealth LLC bought a new stake in CSX in the second quarter worth about $693,000. M. Kulyk & Associates LLC acquired a new stake in CSX in the 2nd quarter valued at about $8,145,000. Wealthfront Advisers LLC acquired a new stake in CSX in the 2nd quarter valued at about $7,609,000. B. Metzler seel. Sohn & Co. AG bought a new position in shares of CSX during the 2nd quarter valued at about $6,598,000. Finally, First National Bank of Omaha bought a new position in shares of CSX during the 2nd quarter valued at about $6,248,000. Institutional investors and hedge funds own 73.57% of the company’s stock.

CSX News Summary

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Zacks Research raised its earnings estimates across several periods: FY2026 EPS to $2.06 from $2.00, FY2027 to $2.32 from $2.14, and FY2028 to $2.38 from $2.27. It also lifted multiple quarterly forecasts, including Q2 2027 to $0.57 from $0.50. These upward revisions may support investor optimism about CSX’s earnings outlook.
• Positive Sentiment: A recent report points to productivity improvements lifting CSX’s 2026 outlook, a potential operational tailwind. CSX stock faces execution test as productivity lifts 2026 outlook
• Neutral Sentiment: Wall Street sentiment is described as moderately bullish, with CSX having outperformed the broader market over the past year; this is supportive context but not a new company-specific catalyst. Is Wall Street Bullish or Bearish on CSX Corporation Stock?
• Neutral Sentiment: CSX CFO Kevin Boone is scheduled to speak at the Baird Global Industrial Conference on November 11. Investors may look for additional commentary, but no new operating or financial information was included in the announcement. CSX CFO to Address Baird Global Industrial Conference

Analysts Set New Price Targets

Several brokerages have recently issued reports on CSX. Argus set a $56.00 price objective on shares of CSX in a research note on Friday, July 31st. Wall Street Zen downgraded shares of CSX from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Raymond James Financial set a $55.00 target price on shares of CSX in a research note on Friday, October 23rd. Citigroup restated a “neutral” rating and set a $54.00 target price (up from $53.00) on shares of CSX in a report on Friday, October 23rd. Finally, Susquehanna raised their target price on shares of CSX from $55.00 to $60.00 and gave the stock a “positive” rating in a report on Tuesday, October 27th. Eighteen 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $52.20.

CSX Stock Up 2.6%

Shares of CSX stock opened at $52.05 on Thursday. CSX Corporation has a 12-month low of $33.63 and a 12-month high of $53.60. The firm has a market capitalization of $95.95 billion, a PE ratio of 26.97, a price-to-earnings-growth ratio of 2.23 and a beta of 1.12. 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 stock’s fifty day moving average is $48.86 and its 200-day moving average is $45.75.

CSX (NASDAQ:CSX) last released its quarterly earnings results on Wednesday, October 21st. The transportation company reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.53 by $0.04. The business had revenue of $4.02 billion during the quarter, compared to analyst estimates of $3.96 billion. CSX had a return on equity of 25.94% and a net margin of 23.97%. CSX’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter last year, the company posted $0.44 EPS. Equities analysts anticipate that CSX Corporation will post 2.04 earnings per share for the current year.

CSX Dividend Announcement

The company also recently disclosed 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 of this dividend 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 currently 29.02%.

Insider Buying and Selling

In other CSX news, Director John Zillmer sold 19,500 shares of the firm’s stock in a transaction dated 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 directly owned 334,214 shares in the company, valued at $17,125,125.36. This trade represents a 5.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.30% of the company’s stock.

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.