Clear Harbor Asset Management LLC Invests $956,000 in CSX Corporation $CSX

Posted by George Bondi on Aug 23rd, 2026

Clear Harbor Asset Management LLC acquired a new position in shares of CSX Corporation (NASDAQ:CSX – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 20,114 shares of the transportation company’s stock, valued at approximately $956,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in CSX in the 2nd quarter valued at approximately $7,655,277,000. XXEC Inc. bought a new position in CSX in the 2nd quarter worth approximately $765,595,000. Bank of New York Mellon Corp acquired a new position in shares of CSX during the second quarter worth approximately $950,325,000. Deutsche Bank AG acquired a new position in shares of CSX during the second quarter worth approximately $685,418,000. Finally, Cohen & Steers Inc. lifted its holdings in shares of CSX by 1.2% during the fourth quarter. Cohen & Steers Inc. now owns 8,282,107 shares of the transportation company’s stock worth $300,226,000 after buying an additional 98,977 shares during the last quarter. Institutional investors own 73.57% of the company’s stock.

Insider Buying and Selling at CSX

In other CSX news, Director John J. Zillmer sold 10,000 shares of the business’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $46.45, for a total value of $464,500.00. Following the sale, the director owned 353,714 shares of the company’s stock, valued at $16,430,015.30. The trade was a 2.75% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, SVP Michael S. Burns sold 13,000 shares of the stock in a transaction on Friday, July 24th. The shares were sold at an average price of $52.68, for a total transaction of $684,840.00. Following the completion of the transaction, the senior vice president owned 59,643 shares of the company’s stock, valued at approximately $3,141,993.24. This represents a 17.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 189,708 shares of company stock worth $9,132,304 over the last three months. 0.30% of the stock is currently owned by corporate insiders.

CSX Price Performance

Shares of CSX stock opened at $51.59 on Friday. The stock has a 50 day moving average of $49.38 and a two-hundred day moving average of $45.15. The company has a current ratio of 0.82, a quick ratio of 0.72 and a debt-to-equity ratio of 1.22. CSX Corporation has a 12 month low of $31.80 and a 12 month high of $53.60. The company has a market capitalization of $95.57 billion, a P/E ratio of 29.82, a P/E/G ratio of 2.36 and a beta of 1.21.

CSX (NASDAQ:CSX – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The transportation company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.52 by $0.02. The business had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.89 billion. CSX had a return on equity of 24.98% and a net margin of 22.21%.CSX’s quarterly revenue was up 10.1% on a year-over-year basis. During the same period in the previous year, the business posted $0.44 earnings per share. As a group, equities analysts expect that CSX Corporation will post 2 EPS for the current year.

CSX Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st will be paid a dividend of $0.14 per share. The ex-dividend date is Monday, August 31st. This represents a $0.56 dividend on an annualized basis and a yield of 1.1%. CSX’s payout ratio is currently 32.37%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on CSX shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $59.00 price objective on shares of CSX in a research note on Friday, July 24th. Stifel Nicolaus set a $54.00 target price on shares of CSX in a research note on Thursday, July 23rd. Morgan Stanley set a $32.00 price target on shares of CSX and gave the company an “underweight” rating in a report on Monday, July 6th. Barclays reissued an “overweight” rating and issued a $60.00 price target (up from $55.00) on shares of CSX in a report on Thursday, July 23rd. Finally, Weiss Ratings upgraded shares of CSX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Eighteen equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, CSX has a consensus rating of “Moderate Buy” and a consensus price target of $51.31.

Read Our Latest Stock Analysis on CSX

CSX Company Profile

(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.

CSX’s freight portfolio includes intermodal containers and trailers, bulk commodities, industrial products and specialized unit trains.