1,180,811 CSX Corporation $CSX Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its holdings in CSX Corporation (NASDAQ:CSX) by 394.3% in the third quarter, HoldingsChannel reports. The fund owned 1,480,259 shares of the transportation company’s stock after buying an additional 1,180,811 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in CSX were worth $68,847,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Washington Trust Advisors Inc. boosted its stake in shares of CSX by 7.2% in the 2nd quarter. Washington Trust Advisors Inc. now owns 3,142 shares of the transportation company’s stock valued at $149,000 after purchasing an additional 211 shares in the last quarter. PFG Private Wealth Management LLC grew its holdings in shares of CSX by 2.7% during the 3rd quarter. PFG Private Wealth Management LLC now owns 8,309 shares of the transportation company’s stock valued at $386,000 after purchasing an additional 217 shares during the last quarter. Kintegral Advisory LLC grew its holdings in shares of CSX by 0.6% during the 3rd quarter. Kintegral Advisory LLC now owns 40,384 shares of the transportation company’s stock valued at $1,878,000 after purchasing an additional 228 shares during the last quarter. Cyndeo Wealth Partners LLC raised its position in CSX by 1.9% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 13,194 shares of the transportation company’s stock worth $614,000 after purchasing an additional 244 shares during the period. Finally, Arlington Trust Co LLC raised its position in CSX by 58.0% in the 2nd quarter. Arlington Trust Co LLC now owns 681 shares of the transportation company’s stock worth $32,000 after purchasing an additional 250 shares during the period. 73.57% of the stock is currently owned by institutional investors.

CSX Trading Up 6.8%

NASDAQ:CSX opened at $51.67 on Friday. The company has a fifty day moving average of $48.69 and a 200 day moving average of $47.59. CSX Corporation has a 52 week low of $33.63 and a 52 week high of $53.60. The company has a quick ratio of 0.72, a current ratio of 0.82 and a debt-to-equity ratio of 1.22. The firm has a market capitalization of $95.72 billion, a P/E ratio of 29.87, a P/E/G ratio of 2.28 and a beta of 1.21.

CSX (NASDAQ:CSX) last announced its quarterly earnings results on Wednesday, October 21st. The transportation company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.53 by $0.04. The business had revenue of $4.02 billion during the quarter, compared to analysts’ expectations of $3.96 billion. CSX had a net margin of 23.97% and a return on equity of 26.31%. The firm’s revenue for the quarter was up 12.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.44 EPS. On average, research analysts predict that CSX Corporation will post 1.99 earnings per share for the current year.

CSX Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 15th. Stockholders of record on Monday, November 30th will be paid a dividend of $0.14 per share. 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 is 32.37%.

CSX News Summary

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Q3 earnings and revenue beat expectations. CSX reported $0.57 in adjusted EPS versus the $0.53 consensus estimate and $4.02 billion in revenue versus expectations of $3.96 billion. Revenue increased 12% year over year, while net earnings reached $1.05 billion. CSX increases earnings and revenue
• Positive Sentiment: Volumes and margins improved materially. Total volume rose 5%, with intermodal volume up 7% to a record level. Operating income increased 44% to $1.57 billion, and the operating margin expanded to 39.1%. Management also cited a 3% reduction in nonfuel costs, supporting the view that the improvement was not solely driven by fuel surcharges. CSX: 3 Key Takeaways for Long-Term Investors
• Positive Sentiment: Management offered constructive growth targets. CSX projects high-single-digit revenue growth in 2026 and is targeting more than 350 basis points of operating-margin expansion. Higher rail volumes may also benefit CSX relative to trucking companies as elevated fuel costs pressure truck transportation. CSX projects 2026 revenue growth
• Positive Sentiment: Analysts raised their estimates. Bank of America increased its price target to $57 from $55 with a Buy rating, while JPMorgan raised its target to $58 and maintained an Overweight rating. CSX Analysts Boost Their Forecasts
• Neutral Sentiment: CSX announced the elimination of more than 100 management positions, which could improve efficiency but may also signal ongoing cost-control efforts. CSX eliminates management positions
• Negative Sentiment: Risks include valuation concerns and conflicting analyst views: Morgan Stanley maintained a $32 Sell target, while Raymond James reduced its target to $53. A law firm is also investigating potential class-action claims related to a reported customer-data breach. CSX Sell Rating Maintained

Wall Street Analyst Weigh In

Several research firms have weighed in on CSX. Morgan Stanley set a $32.00 price target on shares of CSX and gave the stock an “underweight” rating in a research note on Monday, July 6th. UBS Group set a $54.00 price objective on CSX in a research note on Thursday. Robert W. Baird raised their price objective on CSX from $49.00 to $53.00 and gave the company an “outperform” rating in a research note on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $59.00 price objective on shares of CSX in a report on Friday, July 24th. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $52.00 target price (up from $49.00) on shares of CSX in a research note on Thursday, July 23rd. Eighteen investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, CSX has an average rating of “Moderate Buy” and a consensus price target of $51.83.

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.