Sen. Tommy Tuberville Sells Off Shares of CSX Co. (NASDAQ:CSX)

Senator Tommy Tuberville (R-Alabama) recently sold shares of CSX Co. (NASDAQ:CSX). In a filing disclosed on May 15th, the Senator disclosed that they had sold between $15,001 and $50,000 in CSX stock on April 15th.

Senator Tommy Tuberville also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Duke Energy (NYSE:DUK) on 4/15/2025.
• Sold $1,001 – $15,000 in shares of Bristol-Myers Squibb (NYSE:BMY) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of PayPal (NASDAQ:PYPL) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Constellation Brands (NYSE:STZ) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Alphabet (NASDAQ:GOOGL) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 4/15/2025.
• Purchased $50,001 – $100,000 in shares of iShares Broad USD Investment Grade Corporate Bond ETF (NASDAQ:USIG) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Mastercard (NYSE:MA) on 4/15/2025.
• Sold $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 4/15/2025.

CSX Stock Performance

Shares of NASDAQ CSX opened at $31.32 on Friday. The firm’s 50-day moving average price is $28.81 and its 200-day moving average price is $31.77. The company has a quick ratio of 1.23, a current ratio of 0.86 and a debt-to-equity ratio of 1.43. The company has a market cap of $58.84 billion, a PE ratio of 17.50, a PEG ratio of 1.92 and a beta of 1.22. CSX Co. has a 52-week low of $26.22 and a 52-week high of $37.10.

CSX (NASDAQ:CSX) last posted its quarterly earnings data on Wednesday, April 16th. The transportation company reported $0.34 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.39 by ($0.05). The business had revenue of $3.42 billion during the quarter, compared to analysts’ expectations of $3.53 billion. CSX had a return on equity of 28.15% and a net margin of 23.95%. As a group, analysts anticipate that CSX Co. will post 1.83 EPS for the current year.

CSX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, June 13th. Stockholders of record on Friday, May 30th will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Friday, May 30th. CSX’s payout ratio is presently 31.14%.

Analyst Ratings Changes

CSX has been the topic of a number of research reports. Loop Capital downgraded shares of CSX from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $40.00 to $34.00 in a report on Monday, February 3rd. Citigroup dropped their price objective on shares of CSX from $39.00 to $36.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Benchmark reissued a “buy” rating and issued a $35.00 price objective on shares of CSX in a report on Thursday, April 17th. Stifel Nicolaus dropped their price objective on shares of CSX from $37.00 to $34.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Finally, Evercore ISI dropped their price objective on shares of CSX from $35.00 to $33.00 and set an “outperform” rating on the stock in a report on Thursday, April 17th. Seven investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $33.90.

Institutional Investors Weigh In On CSX

Several institutional investors and hedge funds have recently modified their holdings of the stock. Woodline Partners LP raised its position in shares of CSX by 127.7% during the first quarter. Woodline Partners LP now owns 1,151,161 shares of the transportation company’s stock valued at $33,879,000 after buying an additional 645,693 shares during the last quarter. Zimmer Partners LP boosted its stake in CSX by 9.1% during the first quarter. Zimmer Partners LP now owns 90,000 shares of the transportation company’s stock worth $2,649,000 after buying an additional 7,500 shares during the period. McIlrath & Eck LLC boosted its stake in CSX by 217.5% during the first quarter. McIlrath & Eck LLC now owns 3,239 shares of the transportation company’s stock worth $95,000 after buying an additional 2,219 shares during the period. Empowered Funds LLC boosted its stake in CSX by 38.8% during the first quarter. Empowered Funds LLC now owns 280,476 shares of the transportation company’s stock worth $8,254,000 after buying an additional 78,336 shares during the period. Finally, MBB Public Markets I LLC purchased a new position in CSX during the first quarter worth $311,000. Institutional investors own 73.57% of the company’s stock.

About Senator Tuberville

Tommy Tuberville (Republican Party) (also known as Coach) is a member of the U.S. Senate from Alabama. He assumed office on January 3, 2021. His current term ends on January 3, 2027. Tuberville (Republican Party) ran for election to the U.S. Senate to represent Alabama. He won in the general election on November 3, 2020. Tuberville was head coach for several college football teams between 1995 and 2016, including at Auburn University and the University of Cincinnati. Tommy Tuberville was born in Camden, Arkansas, and lives in Auburn, Alabama. Tuberville’s career experience includes working as a studio analyst with ESPN and as the head football coach of the University of Mississippi, the University of Auburn, Texas Tech University, and the University of Cincinnati.

About CSX

CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.