CSX (NASDAQ:CSX) CFO Kevin Boone Sells 136,708 Shares

05 Jun 2026, 21:15 by Michael Walen · The Markets Daily

CSX Corporation (NASDAQ:CSX – Get Free Report) CFO Kevin Boone sold 136,708 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $46.70, for a total value of $6,384,263.60. Following the transaction, the chief financial officer owned 208,622 shares of the company’s stock, valued at approximately $9,742,647.40. This trade represents a 39.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

CSX Stock Performance

Shares of CSX stock traded up $0.76 during trading hours on Friday, reaching $46.99. 13,164,662 shares of the company’s stock were exchanged, compared to its average volume of 13,422,663. CSX Corporation has a fifty-two week low of $31.80 and a fifty-two week high of $47.25. The stock has a market capitalization of $87.31 billion, a P/E ratio of 28.83, a P/E/G ratio of 2.41 and a beta of 1.22. The business has a fifty day moving average price of $43.98 and a 200-day moving average price of $40.05. The company has a quick ratio of 0.83, a current ratio of 0.97 and a debt-to-equity ratio of 1.34.

CSX (NASDAQ:CSX – Get Free Report) last issued its earnings results on Wednesday, April 22nd. The transportation company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.04. The business had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.50 billion. CSX had a return on equity of 24.47% and a net margin of 21.55%.CSX’s revenue was up 1.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.34 earnings per share. Analysts predict that CSX Corporation will post 1.9 EPS for the current fiscal year.

CSX Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Investors of record on Friday, May 29th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, May 29th. CSX’s dividend payout ratio is presently 34.36%.

Analysts Set New Price Targets

CSX has been the subject of a number of recent research reports. Benchmark upped their target price on CSX from $46.00 to $48.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Susquehanna upped their target price on CSX from $44.00 to $50.00 and gave the company a “neutral” rating in a research note on Friday. Barclays restated an “overweight” rating and issued a $47.00 target price (up from $40.00) on shares of CSX in a research note on Thursday, April 23rd. Bank of America upped their target price on CSX from $49.00 to $51.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Finally, TD Cowen upped their target price on CSX from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Sixteen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $46.42.

Read Our Latest Analysis on CSX

Institutional Trading of CSX

A number of large investors have recently bought and sold shares of CSX. Cbre Investment Management Listed Real Assets LLC grew its position in CSX by 81.9% in the third quarter. Cbre Investment Management Listed Real Assets LLC now owns 944,946 shares of the transportation company’s stock valued at $33,555,000 after acquiring an additional 425,395 shares during the period. Pinebridge Investments LLC bought a new stake in CSX in the fourth quarter valued at $5,979,000. Reaves W H & Co. Inc. bought a new stake in CSX in the third quarter valued at $5,326,000. Cohen & Steers Inc. grew its position in CSX by 1.2% in the fourth quarter. Cohen & Steers Inc. now owns 8,282,107 shares of the transportation company’s stock valued at $300,226,000 after acquiring an additional 98,977 shares during the period. Finally, Allstate Corp grew its position in CSX by 105.7% in the fourth quarter. Allstate Corp now owns 136,869 shares of the transportation company’s stock valued at $4,962,000 after acquiring an additional 70,326 shares during the period. 73.57% of the stock is currently owned by institutional investors.

CSX Company Profile

(Get Free Report)

CSX Corporation is a leading North American transportation company that provides rail-based freight services and supply-chain solutions. Its operating subsidiary, CSX Transportation, moves a wide range of goods for customers across multiple industries, using a combination of long-haul rail service, intermodal operations and terminal and yard services. The company focuses on delivering efficient, reliable freight transportation between major production centers, consumption markets and port gateways.