Handelsbanken Fonder AB Has $33.98 Million Position in CSX Corporation $CSX

Posted by Francis Steltz on May 20th, 2026

Handelsbanken Fonder AB reduced its stake in shares of CSX Corporation (NASDAQ:CSX – Free Report) by 6.3% in the 4th quarter, HoldingsChannel.com reports. The firm owned 937,374 shares of the transportation company’s stock after selling 63,281 shares during the quarter. Handelsbanken Fonder AB’s holdings in CSX were worth $33,980,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in CSX. FNY Investment Advisers LLC boosted its holdings in shares of CSX by 437.3% during the third quarter. FNY Investment Advisers LLC now owns 720 shares of the transportation company’s stock worth $25,000 after purchasing an additional 586 shares during the period. WFA of San Diego LLC acquired a new stake in shares of CSX during the second quarter worth approximately $28,000. Aventura Private Wealth LLC acquired a new stake in shares of CSX during the fourth quarter worth approximately $63,000. Sunbelt Securities Inc. acquired a new stake in shares of CSX during the third quarter worth approximately $67,000. Finally, Torren Management LLC acquired a new stake in shares of CSX during the fourth quarter worth approximately $81,000. 73.57% of the stock is currently owned by institutional investors and hedge funds.

CSX Price Performance

NASDAQ CSX opened at $46.10 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 0.97 and a debt-to-equity ratio of 1.34. The stock has a market capitalization of $85.65 billion, a PE ratio of 28.28, a price-to-earnings-growth ratio of 2.41 and a beta of 1.24. The company has a 50 day moving average price of $42.42 and a two-hundred day moving average price of $39.15. CSX Corporation has a 12-month low of $30.17 and a 12-month high of $46.55.

CSX (NASDAQ:CSX – Get Free Report) last posted its earnings results on Wednesday, April 22nd. The transportation company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.04. The firm had revenue of $3.48 billion during the quarter, compared to analysts’ expectations of $3.50 billion. CSX had a net margin of 21.55% and a return on equity of 24.47%. The company’s revenue was up 1.7% compared to the same quarter last year. During the same period in the previous year, the company earned $0.34 earnings per share. As a group, equities analysts predict that CSX Corporation will post 1.89 earnings per share for the current fiscal year.

CSX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Friday, May 29th will be paid a $0.14 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Friday, May 29th. CSX’s payout ratio is presently 34.36%.

Insiders Place Their Bets

In other news, CAO Diana B. Sorfleet sold 90,000 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $41.56, for a total value of $3,740,400.00. Following the completion of the sale, the chief accounting officer directly owned 165,613 shares in the company, valued at approximately $6,882,876.28. The trade was a 35.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Stephen F. Angel acquired 25,000 shares of CSX stock in a transaction dated Friday, March 6th. The stock was purchased at an average price of $40.27 per share, with a total value of $1,006,750.00. Following the completion of the purchase, the chief executive officer directly owned 146,540 shares of the company’s stock, valued at $5,901,165.80. The trade was a 20.57% increase in their position. The SEC filing for this purchase provides additional information. 0.30% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several analysts recently commented on the stock. Vertical Research cut shares of CSX from a “buy” rating to a “hold” rating and set a $44.00 price target for the company. in a report on Thursday, April 23rd. Stephens raised their price target on shares of CSX from $42.00 to $47.00 and gave the stock an “overweight” rating in a report on Monday, April 6th. Wells Fargo & Company raised their price target on shares of CSX from $40.00 to $50.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. JPMorgan Chase & Co. raised their price target on shares of CSX from $42.00 to $48.00 and gave the stock an “overweight” rating in a report on Thursday, April 23rd. Finally, Bank of America lifted their target price on shares of CSX from $49.00 to $51.00 and gave the company a “buy” rating in a research note on Tuesday. Sixteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $45.58.

Read Our Latest Stock Report 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.