CSX Corporation $CSX Stock Acquired by Calamos Advisors LLC

Calamos Advisors LLC boosted its position in CSX Corporation (NASDAQ:CSX) by 9.9% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,858,914 shares of the transportation company’s stock after buying an additional 168,009 shares during the period. Calamos Advisors LLC’s holdings in CSX were worth $86,458,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Alta Advisers Ltd increased its stake in CSX by 87.0% during the 3rd quarter. Alta Advisers Ltd now owns 12,890 shares of the transportation company’s stock worth $600,000 after acquiring an additional 5,998 shares during the period. Kestra Advisory Services LLC raised its position in CSX by 3.2% in the third quarter. Kestra Advisory Services LLC now owns 406,688 shares of the transportation company’s stock valued at $18,915,000 after purchasing an additional 12,637 shares during the last quarter. Claro Advisors Inc. acquired a new stake in CSX during the 3rd quarter worth approximately $296,000. REAP Financial Group LLC lifted its holdings in shares of CSX by 26.5% during the third quarter. REAP Financial Group LLC now owns 5,631 shares of the transportation company’s stock worth $262,000 after purchasing an additional 1,180 shares during the period. Finally, Platform Technology Partners grew its position in shares of CSX by 4.3% in the 3rd quarter. Platform Technology Partners now owns 12,070 shares of the transportation company’s stock valued at $561,000 after buying an additional 497 shares during the last quarter. Institutional investors and hedge funds own 73.57% of the company’s stock.

CSX Stock Performance

CSX stock traded down $1.71 during mid-day trading on Friday, hitting $49.12. The company had a trading volume of 15,095,233 shares, compared to its average volume of 11,270,241. The stock’s fifty day moving average price is $48.79 and its two-hundred day moving average price is $45.89. CSX Corporation has a 12 month low of $33.63 and a 12 month high of $53.60. The firm has a market cap of $90.55 billion, a PE ratio of 25.45, a price-to-earnings-growth ratio of 2.27 and a beta of 1.12. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.75 and a current ratio of 0.84.

CSX (NASDAQ:CSX) last issued its earnings results on Wednesday, October 21st. The transportation company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.53 by $0.04. The firm had revenue of $4.02 billion for 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 business’s revenue was up 12.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.44 earnings per share. On average, analysts forecast that CSX Corporation will post 2.05 earnings per share for the current fiscal year.

CSX Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be issued 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 payout ratio is presently 29.02%.

Insider Activity

In other CSX news, Director John Zillmer sold 19,500 shares of the stock in a transaction on Monday, October 26th. The stock was sold at an average price of $51.24, for a total transaction of $999,180.00. Following the sale, the director owned 334,214 shares in the company, valued at $17,125,125.36. This represents a 5.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.30% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on CSX shares. Stifel Nicolaus set a $54.00 target price on shares of CSX in a research note on Thursday, July 23rd. Susquehanna boosted their price target on shares of CSX from $55.00 to $60.00 and gave the company a “positive” rating in a research note on Tuesday, October 27th. Citigroup restated a “neutral” rating and issued a $54.00 target price (up from $53.00) on shares of CSX in a report on Friday, October 23rd. Evercore set a $53.00 price target on CSX in a report on Friday, October 23rd. Finally, BMO Capital Markets restated a “market perform” rating and set a $52.00 price objective (up from $49.00) on shares of CSX in a research note on Thursday, July 23rd. Eighteen equities research 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. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $52.20.

Key Stories Impacting CSX

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Zacks Research raised several forecasts, including FY2026 EPS to $2.06 from $2.00 and FY2027 EPS to $2.32 from $2.14, signaling a more favorable earnings outlook. CSX stock gets higher 2026 earnings forecast from Zacks
• Neutral Sentiment: CSX’s CFO is due to speak at a Baird conference. The appearance may give investors clues about operating trends or guidance, but the reports do not indicate that new comments have been made yet. CSX stock faces fresh test before CFO speaks at Baird conference
• Negative Sentiment: Zacks trimmed its Q2 2028 EPS estimate to $0.53 from $0.54, a modest counterpoint to its other forecast increases that may contribute to investor caution. CSX stock faces higher earnings bar after Zacks upgrade
• Negative Sentiment: Local reports described a CSX train striking a semi-truck and a separate incident involving a teenager. The articles provide no indication of broader operational or financial consequences, but the incidents may draw safety scrutiny. CSX train hits semi-truck near downtown Decatur crossing

About CSX

CSX Corporation is a freight transportation company that operates one of the largest rail networks in the eastern United States. Its rail system serves customers across much of the eastern U.S., as well as parts of Canada, and connects with other railroads and ports.

CSX transports a broad range of goods, including chemicals, agricultural and food products, automobiles, minerals, forest products, coal and intermodal freight. Its services include rail transportation, intermodal shipping that combines rail and truck transport, and related logistics and supply-chain services.

The company was formed in 1980 through the merger of Chessie System and Seaboard Coast Line Industries, combining railroads with histories dating to the 19th century.