Investment Partners LTD. Acquires 11,374 Shares of CSX Corporation $CSX

02 Nov 2026, 11:45 by Michael Walen · The Markets Daily

Investment Partners LTD. acquired a new stake in CSX Corporation (NASDAQ:CSX – Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 11,374 shares of the transportation company’s stock, valued at approximately $529,000.

Other hedge funds have also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of CSX during the second quarter worth about $7,655,277,000. XXEC Inc. acquired a new stake in shares of CSX in the 2nd quarter worth about $765,595,000. Bank of America Corp DE acquired a new stake in shares of CSX in the 2nd quarter worth about $1,598,962,000. Bank of New York Mellon Corp bought a new position in CSX in the 2nd quarter valued at about $950,325,000. Finally, Legal & General Group Plc bought a new position in CSX in the 2nd quarter valued at about $747,001,000. 73.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at CSX

In related news, Director John Zillmer sold 19,500 shares of the 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 of the company’s stock, valued at $17,125,125.36. This represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.30% of the stock is currently owned by insiders.

CSX Price Performance

Shares of NASDAQ CSX opened at $51.99 on Monday. The company has a market cap of $95.84 billion, a price-to-earnings ratio of 26.94, a PEG ratio of 2.29 and a beta of 1.21. The firm’s fifty day moving average is $48.86 and its 200 day moving average is $45.51. The company has a quick ratio of 0.75, a current ratio of 0.84 and a debt-to-equity ratio of 1.19. CSX Corporation has a 52 week low of $33.63 and a 52 week high of $53.60.

CSX (NASDAQ:CSX – Get Free Report) last posted its earnings results on Wednesday, October 21st. The transportation company reported $0.57 earnings per share for the quarter, topping analysts’ consensus estimates of $0.53 by $0.04. CSX had a net margin of 23.97% and a return on equity of 25.94%. The company had revenue of $4.02 billion during the quarter, compared to analyst estimates of $3.96 billion. During the same period in the prior year, the business posted $0.44 earnings per share. CSX’s revenue for the quarter was up 12.0% on a year-over-year basis. On average, equities research analysts expect that CSX Corporation will post 2.04 earnings per share for the current year.

CSX Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, November 30th. CSX’s dividend payout ratio (DPR) is currently 29.02%.

Analysts Set New Price Targets

CSX has been the subject of a number of analyst reports. BMO Capital Markets reiterated a “market perform” rating and set a $52.00 price target (up from $49.00) on shares of CSX in a research note on Thursday, July 23rd. Wall Street Zen cut shares of CSX from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Citigroup reaffirmed a “neutral” rating and set a $54.00 price objective (up from $53.00) on shares of CSX in a research note on Friday, October 23rd. Sanford C. Bernstein restated a “market perform” rating and issued a $49.00 target price on shares of CSX in a research note on Thursday, October 22nd. Finally, Stephens initiated coverage on shares of CSX in a research report on Wednesday, July 8th. They set an “overweight” rating and a $57.00 price objective on the stock. Eighteen analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, CSX presently has a consensus rating of “Moderate Buy” and a consensus target price of $52.20.

Get Our Latest Stock Analysis on CSX

CSX Profile

(Free Report)

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.