CSX (NASDAQ:CSX) Shares Sold by Rep. Kevin Hern

Posted by Brenda Bartman on Sep 29th, 2026

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of CSX Corporation (NASDAQ:CSX). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in CSX stock on August 27th. The trade occurred in the Representative’s “KEVIN HERN TRADITIONAL IRA” account.

Representative Kevin Hern also recently made the following trade(s):

Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

CSX Stock Up 0.4%

Shares of CSX stock traded up $0.17 on Tuesday, reaching $46.93. 7,992,697 shares of the company were exchanged, compared to its average volume of 10,370,298. CSX Corporation has a one year low of $33.63 and a one year high of $53.60. The company has a market capitalization of $86.94 billion, a price-to-earnings ratio of 27.13, a PEG ratio of 2.20 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 company has a 50-day moving average of $49.67 and a 200 day moving average of $46.62.

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

CSX Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were given a dividend of $0.14 per share. The ex-dividend date of this dividend was Monday, August 31st. This represents a $0.56 annualized dividend and a dividend yield of 1.2%. CSX’s payout ratio is 32.37%.

Analyst Upgrades and Downgrades

CSX has been the topic of a number of research analyst reports. BMO Capital Markets reaffirmed a “market perform” rating and issued a $52.00 target price (up from $49.00) on shares of CSX in a report on Thursday, July 23rd. Weiss Ratings raised CSX from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, August 11th. Benchmark reiterated a “buy” rating and set a $54.00 target price (up from $48.00) on shares of CSX in a research note on Wednesday, July 15th. Citigroup boosted their target price on CSX from $53.00 to $54.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Finally, Wells Fargo & Company increased their price objective on shares of CSX from $50.00 to $54.00 and gave the company an “overweight” rating in a research report on Wednesday, July 8th. Eighteen investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $51.24.

Get Our Latest Analysis on CSX

Insiders Place Their Bets

In related news, SVP Michael Burns sold 13,000 shares of the company’s stock in a transaction dated 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 sale, the senior vice president owned 59,643 shares of the company’s stock, valued at $3,141,993.24. This represents a 17.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CAO Angela Williams sold 30,000 shares of the stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $53.29, for a total transaction of $1,598,700.00. Following the sale, the chief accounting officer owned 10,437 shares in the company, valued at $556,187.73. The trade was a 74.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On CSX

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Archer Investment Corp acquired a new stake in CSX in the 2nd quarter worth about $26,000. N.E.W. Advisory Services LLC acquired a new stake in shares of CSX in the second quarter valued at approximately $27,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of CSX in the second quarter valued at approximately $29,000. Manning & Napier Advisors LLC bought a new stake in shares of CSX in the second quarter valued at approximately $30,000. Finally, Arlington Trust Co LLC grew its position in CSX by 58.0% during the second quarter. Arlington Trust Co LLC now owns 681 shares of the transportation company’s stock worth $32,000 after buying an additional 250 shares in the last quarter. Institutional investors and hedge funds own 73.57% of the company’s stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About CSX

(Get Free Report)

CSX Corporation (NASDAQ:CSX) is a transportation company that provides rail-based freight services through its principal subsidiary, CSX Transportation. The company moves a broad range of products, including agricultural and food products, chemicals, minerals, forest products, metals, automotive shipments, and consumer goods.

CSX also provides intermodal transportation, connecting rail shipments with trucks, ports, and distribution facilities. Its network serves the eastern United States and reaches parts of Canada, linking major industrial regions, population centers, manufacturing locations, and Atlantic and Gulf Coast ports.

CSX traces its history to the 1980 merger of Chessie System and Seaboard Coast Line Industries.