CSX Corporation $CSX Shares Purchased by Chapin Davis Inc.

Posted by on Oct 9th, 2026

Chapin Davis Inc. grew its position in CSX Corporation (NASDAQ:CSX – Free Report) by 162.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 115,526 shares of the transportation company’s stock after purchasing an additional 71,556 shares during the period. CSX makes up approximately 1.1% of Chapin Davis Inc.’s holdings, making the stock its 23rd biggest position. Chapin Davis Inc.’s holdings in CSX were worth $5,373,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in shares of CSX during the second quarter worth approximately $7,655,277,000. XXEC Inc. acquired a new stake in CSX in the 2nd quarter valued at approximately $765,595,000. Bank of America Corp DE acquired a new stake in CSX in the 2nd quarter valued at approximately $1,598,962,000. Bank of New York Mellon Corp bought a new stake in CSX during the 2nd quarter valued at $950,325,000. Finally, Legal & General Group Plc bought a new stake in CSX during the 2nd quarter valued at $747,001,000. Institutional investors and hedge funds own 73.57% of the company’s stock.

Insider Transactions at CSX

In other CSX news, CAO Angela Williams sold 30,000 shares of the business’s 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 approximately $556,187.73. The trade was a 74.19% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Michael Burns sold 13,000 shares of the business’s stock in a transaction that occurred 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 sale, the senior vice president owned 59,643 shares in the company, valued at $3,141,993.24. This represents a 17.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Robert W. Baird raised their price target on CSX from $49.00 to $53.00 and gave the company an “outperform” rating in a report on Tuesday, July 7th. JPMorgan Chase & Co. decreased their price objective on shares of CSX from $58.00 to $57.00 and set an “overweight” rating for the company in a report on Monday. Evercore set a $51.00 target price on CSX in a report on Thursday, July 23rd. Citigroup restated a “cautious” rating on shares of CSX in a research report on Wednesday. Finally, Barclays reaffirmed an “overweight” rating and set a $60.00 price target (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 given a Sell rating to the stock. Based on data from MarketBeat, CSX currently has a consensus rating of “Moderate Buy” and a consensus price target of $51.06.

Read Our Latest Report on CSX

CSX Stock Up 1.1%

CSX stock opened at $47.34 on Friday. The firm has a market cap of $87.70 billion, a PE ratio of 27.36, a P/E/G ratio of 2.20 and a beta of 1.21. CSX Corporation has a 12 month low of $33.63 and a 12 month high of $53.60. The firm has a 50 day simple moving average of $49.07 and a 200 day simple moving average of $47.00. The company has a debt-to-equity ratio of 1.22, a current ratio of 0.82 and a quick ratio of 0.72.

CSX (NASDAQ:CSX – Get Free Report) last announced 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 return on equity of 24.98% and a net margin of 22.21%.The company’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.44 EPS. Equities research analysts forecast that CSX Corporation will post 2 earnings per share for the current fiscal year.

CSX Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Investors of record on Monday, November 30th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Monday, November 30th. This represents a $0.56 dividend on an annualized basis and a yield of 1.2%. CSX’s dividend payout ratio (DPR) is currently 32.37%.

Trending Headlines about CSX

Here are the key news stories impacting CSX this week:

  • Positive Sentiment: Wall Street analysts rate CSX a consensus “Moderate Buy,” suggesting expectations for further appreciation despite recent volatility. CSX Corporation Stock Rated Moderate Buy by Wall Street Analysts
  • Positive Sentiment: CSX maintained its quarterly dividend at $0.14 per share, payable December 15 to shareholders of record November 30. The unchanged payout reinforces income stability, although it provides no increase in shareholder returns. CSX Keeps Quarterly Dividend at $0.14 per Share
  • Neutral Sentiment: CSX is preparing for Hurricane Isaias as Amtrak cancels trains. Possible service interruptions could affect operations, but the company’s preparations may limit the financial impact. Amtrak Cancels Trains, CSX Makes Preparations as Hurricane Isaias Approaches
  • Neutral Sentiment: CSX’s annual Santa Train is scheduled to return to Eastern Kentucky, Virginia and Tennessee on November 21. The community event supports the company’s public image but is unlikely to materially affect earnings or valuation. CSX Santa Train Returning to Eastern Kentucky
  • Negative Sentiment: Citigroup lowered its CSX price target from $54 to $53 and retained a “Neutral” rating. Although the revised target still implies upside, the reduction signals more cautious expectations. Source: Benzinga
  • Negative Sentiment: Reports of modest declines in CSX trading and a consensus target near $51.09 indicate that recent market performance has not fully reflected analysts’ longer-term upside expectations. CSX Stock Falls as Consensus Target Reaches $51.09

About CSX

(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.

Featured Stories

Institutional Ownership by Quarter for CSX (NASDAQ:CSX)

Receive News & Ratings for CSX Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CSX and related companies with MarketBeat.com's FREE daily email newsletter.