Corient Private Wealth LP Invests $28.83 Million in CSX Corporation $CSX

Posted by Francis Steltz on Aug 28th, 2026

Corient Private Wealth LP purchased a new stake in CSX Corporation (NASDAQ:CSX – Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 801,321 shares of the transportation company’s stock, valued at approximately $28,831,000.

A number of other large investors also recently bought and sold shares of CSX. N.E.W. Advisory Services LLC purchased a new position in CSX during the second quarter worth approximately $27,000. WFA of San Diego LLC acquired a new position in shares of CSX during the 2nd quarter worth approximately $28,000. Manning & Napier Advisors LLC purchased a new position in shares of CSX during the 2nd quarter valued at approximately $30,000. Arlington Trust Co LLC grew its stake in CSX by 58.0% in the 2nd quarter. Arlington Trust Co LLC now owns 681 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 250 shares during the period. Finally, First Bancorp Inc ME purchased a new stake in CSX in the 2nd quarter worth $33,000. Institutional investors and hedge funds own 73.57% of the company’s stock.

CSX Stock Performance

CSX opened at $51.54 on Friday. CSX Corporation has a twelve month low of $31.80 and a twelve month high of $53.60. The firm has a market capitalization of $95.48 billion, a PE ratio of 29.79, a PEG ratio of 2.36 and a beta of 1.21. The company has a current ratio of 0.82, a quick ratio of 0.72 and a debt-to-equity ratio of 1.22. The firm’s 50-day moving average price is $49.80 and its 200 day moving average price is $45.53.

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

CSX Dividend Announcement

The company also recently announced 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 of this dividend 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 32.37%.

Analyst Ratings Changes

Several research firms have issued reports on CSX. Wall Street Zen downgraded shares of CSX from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Citigroup upped their price target on shares of CSX from $53.00 to $54.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Truist Financial set a $46.00 price target on shares of CSX in a research note on Friday, July 10th. Benchmark reiterated a “buy” rating and issued a $54.00 price objective (up from $48.00) on shares of CSX in a report on Wednesday, July 15th. Finally, Barclays reiterated an “overweight” rating and set a $60.00 price objective (up from $55.00) 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.31.

Check Out Our Latest Report on CSX

Insiders Place Their Bets

In other news, Director John J. Zillmer sold 10,000 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $46.45, for a total transaction of $464,500.00. Following the completion of the transaction, the director directly owned 353,714 shares in the company, valued at approximately $16,430,015.30. This represents a 2.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Kevin S. Boone sold 136,708 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer directly owned 208,622 shares of the company’s stock, valued at $9,742,647.40. The trade was a 39.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 189,708 shares of company stock valued at $9,132,304. Insiders own 0.30% of the company’s stock.

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.