CSX Corporation $CSX Stock: Yousif Capital Management LLC Boosts Stake

Yousif Capital Management LLC lifted its position in shares of CSX Corporation (NASDAQ:CSX) by 5.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 222,954 shares of the transportation company’s stock after acquiring 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.

Several other large investors also recently added to or reduced their stakes in CSX. BlackRock Inc. purchased a new stake in CSX during the second quarter valued at about $7,655,277,000. XXEC Inc. bought a new position in CSX during the second quarter worth about $765,595,000. Bank of America Corp DE bought a new position in CSX during the second quarter worth about $1,598,962,000. Bank of New York Mellon Corp purchased a new position in shares of CSX in the second quarter worth about $950,325,000. Finally, Legal & General Group Plc purchased a new position in shares of CSX in the second quarter worth about $747,001,000. Hedge funds and other institutional investors own 73.57% of the company’s stock.

Key CSX News

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

Wall Street Analyst Weigh In

Several analysts have recently issued reports on CSX shares. BMO Capital Markets reissued a “market perform” rating and issued a $52.00 price target (up from $49.00) on shares of CSX in a research report on Thursday, July 23rd. JPMorgan Chase & Co. upped their price target on shares of CSX from $57.00 to $58.00 and gave the company an “overweight” rating in a research note on Thursday. Morgan Stanley set a $32.00 price objective on shares of CSX and gave the stock an “underweight” rating in a report on Monday, July 6th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $59.00 price objective on shares of CSX in a research note on Friday, July 24th. Finally, Benchmark reissued a “buy” rating and set a $54.00 target price (up from $48.00) on shares of CSX in a report on Wednesday, July 15th. Eighteen analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $52.02.

CSX Stock Performance

Shares of CSX opened at $50.79 on Friday. The stock’s 50-day simple moving average is $48.70 and its 200 day simple moving average is $47.61. The stock has a market capitalization of $93.63 billion, a price-to-earnings ratio of 26.32, a price-to-earnings-growth 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 Corporation has a 52-week low of $33.63 and a 52-week high of $53.60.

CSX (NASDAQ:CSX) last posted its 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%. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.44 EPS. Research analysts forecast that CSX Corporation will post 2.01 EPS for the current fiscal year.

CSX Announces Dividend

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