BNB Wealth Management LLC Buys Shares of 31,046 CSX Corporation $CSX

Posted by Brenda Bartman on Jun 18th, 2026

BNB Wealth Management LLC bought a new stake in CSX Corporation (NASDAQ:CSX – Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm bought 31,046 shares of the transportation company’s stock, valued at approximately $1,125,000.

Several other hedge funds have also recently bought and sold shares of CSX. Cbre Investment Management Listed Real Assets LLC increased its holdings in CSX by 81.9% in the 3rd quarter. Cbre Investment Management Listed Real Assets LLC now owns 944,946 shares of the transportation company’s stock valued at $33,555,000 after buying an additional 425,395 shares during the period. Pinebridge Investments LLC bought a new position in CSX in the 4th quarter valued at about $5,979,000. Cohen & Steers Inc. increased its holdings in CSX by 1.2% in the 4th quarter. Cohen & Steers Inc. now owns 8,282,107 shares of the transportation company’s stock valued at $300,226,000 after buying an additional 98,977 shares during the period. Allstate Corp increased its holdings in CSX by 105.7% in the 4th quarter. Allstate Corp now owns 136,869 shares of the transportation company’s stock valued at $4,962,000 after buying an additional 70,326 shares during the period. Finally, Farther Finance Advisors LLC increased its holdings in CSX by 159.5% in the 4th quarter. Farther Finance Advisors LLC now owns 73,410 shares of the transportation company’s stock valued at $2,661,000 after buying an additional 45,116 shares during the period. 73.57% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Raymond James Financial raised their target price on shares of CSX from $45.00 to $49.00 and gave the company an “outperform” rating in a report on Thursday, April 23rd. Stephens lifted their price target on shares of CSX from $42.00 to $47.00 and gave the company an “overweight” rating in a report on Monday, April 6th. BMO Capital Markets lifted their price target on shares of CSX from $40.00 to $45.00 and gave the company a “market perform” rating in a report on Thursday, April 23rd. Jefferies Financial Group lifted their price target on shares of CSX from $50.00 to $52.00 and gave the company a “buy” rating in a report on Thursday, April 23rd. Finally, Rothschild & Co Redburn lifted their price target on shares of CSX from $45.50 to $47.50 and gave the company a “buy” rating in a report on Tuesday, April 28th. Sixteen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $46.50.

View Our Latest Stock Report on CSX

Insiders Place Their Bets

In other news, Director John J. Zillmer sold 10,000 shares of the company’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 directly owned 353,714 shares of the company’s stock, 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 is available through the SEC website. Also, CFO Kevin S. Boone sold 136,708 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $46.70, for a total transaction of $6,384,263.60. Following the completion of the sale, the chief financial officer directly owned 208,622 shares in the company, valued at approximately $9,742,647.40. This represents a 39.59% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.30% of the company’s stock.

CSX Trading Down 2.8%

NASDAQ:CSX opened at $45.57 on Thursday. The firm’s fifty day moving average is $45.13 and its 200-day moving average is $40.85. The company has a debt-to-equity ratio of 1.34, a quick ratio of 0.83 and a current ratio of 0.97. CSX Corporation has a 52 week low of $31.80 and a 52 week high of $48.03. The firm has a market cap of $84.68 billion, a P/E ratio of 27.96, a P/E/G ratio of 2.43 and a beta of 1.22.

CSX (NASDAQ:CSX – Get Free Report) last posted its quarterly earnings data on Wednesday, April 22nd. The transportation company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.04. CSX had a net margin of 21.55% and a return on equity of 24.47%. The company had revenue of $3.48 billion for the quarter, compared to analyst estimates of $3.50 billion. During the same period in the prior year, the firm posted $0.34 EPS. The company’s quarterly revenue was up 1.7% on a year-over-year basis. Equities analysts expect that CSX Corporation will post 1.9 earnings per share for the current year.

CSX Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Stockholders of record on Friday, May 29th were 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 of this dividend was Friday, May 29th. CSX’s dividend payout ratio is currently 34.36%.

About CSX

(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.