CSX (NASDAQ:CSX) Given New $46.00 Price Target at Wolfe Research

CSX (NASDAQ:CSX) had its price objective lifted by Wolfe Research from $44.00 to $46.00 in a research note published on Tuesday morning,MarketScreener reports. The firm currently has an outperform rating on the transportation company’s stock.

Other equities research analysts also recently issued reports about the company. Raymond James Financial upped their price objective on CSX from $40.00 to $41.00 and gave the company an “outperform” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. raised their price target on CSX from $41.00 to $42.00 and gave the stock an “overweight” rating in a research note on Tuesday. Jefferies Financial Group raised their price target on CSX from $42.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Sanford C. Bernstein raised their price target on CSX from $36.00 to $39.00 and gave the stock a “market perform” rating in a research note on Tuesday, March 31st. Finally, Rothschild & Co Redburn raised their price target on CSX from $42.50 to $45.50 and gave the stock a “buy” rating in a research note on Wednesday, April 1st. Seventeen research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, CSX has a consensus rating of “Moderate Buy” and an average target price of $41.44.

CSX Trading Down 0.1%

Shares of CSX stock opened at $41.42 on Tuesday. CSX has a 1 year low of $26.29 and a 1 year high of $43.35. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.81 and a quick ratio of 0.69. The stock’s 50 day simple moving average is $40.51 and its two-hundred day simple moving average is $37.42. The company has a market cap of $77.07 billion, a PE ratio of 26.90, a price-to-earnings-growth ratio of 2.29 and a beta of 1.25.

CSX (NASDAQ:CSX) last issued its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.39 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). CSX had a net margin of 20.50% and a return on equity of 23.88%. The company had revenue of $3.51 billion for the quarter, compared to analysts’ expectations of $3.59 billion. During the same quarter last year, the company earned $0.42 earnings per share. The company’s revenue for the quarter was down .9% on a year-over-year basis. Research analysts predict that CSX will post 1.83 earnings per share for the current year.

CSX Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, March 13th. Investors of record on Friday, February 27th were paid a dividend of $0.14 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.4%. This is an increase from CSX’s previous quarterly dividend of $0.13. CSX’s dividend payout ratio is 36.36%.

Insider Buying and Selling

In other news, CEO Stephen F. Angel acquired 25,000 shares of CSX stock in a transaction on Friday, March 6th. The shares were bought at an average cost of $40.27 per share, for a total transaction of $1,006,750.00. Following the acquisition, the chief executive officer directly owned 146,540 shares of the company’s stock, valued at $5,901,165.80. This trade represents a 20.57% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Diana B. Sorfleet sold 90,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $41.56, for a total value of $3,740,400.00. Following the transaction, the chief accounting officer owned 165,613 shares in the company, valued at $6,882,876.28. The trade was a 35.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 188,123 shares of company stock valued at $7,454,854. Insiders own 0.35% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Syon Capital LLC increased its holdings in CSX by 1.0% during the 4th quarter. Syon Capital LLC now owns 28,316 shares of the transportation company’s stock worth $1,026,000 after purchasing an additional 287 shares during the period. Root Financial Partners LLC increased its holdings in CSX by 7.3% during the 4th quarter. Root Financial Partners LLC now owns 4,757 shares of the transportation company’s stock worth $172,000 after purchasing an additional 323 shares during the period. Kingswood Wealth Advisors LLC increased its holdings in CSX by 4.1% during the 3rd quarter. Kingswood Wealth Advisors LLC now owns 8,324 shares of the transportation company’s stock worth $296,000 after purchasing an additional 331 shares during the period. Moloney Securities Asset Management LLC increased its holdings in CSX by 2.7% during the 3rd quarter. Moloney Securities Asset Management LLC now owns 13,048 shares of the transportation company’s stock worth $463,000 after purchasing an additional 339 shares during the period. Finally, Walled Lake Planning & Wealth Management LLC increased its holdings in CSX by 2.7% during the 4th quarter. Walled Lake Planning & Wealth Management LLC now owns 13,235 shares of the transportation company’s stock worth $480,000 after purchasing an additional 346 shares during the period. 73.57% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting CSX

Here are the key news stories impacting CSX this week:

• Positive Sentiment: Multiple broker upgrades/price-target raises signal continued analyst confidence — Wolfe Research raised its target to $46 and kept an “outperform” call, which supports upside. Wolfe Research Raise
• Positive Sentiment: Stephens bumped its target to $47 and kept an “overweight” rating, the most bullish PT among the recent updates and a constructive signal for medium‑term upside. Stephens Raise
• Positive Sentiment: JPMorgan raised its price target to $42 and kept an “overweight” rating, adding incremental analyst support. JPMorgan Raise Additional Coverage
• Negative Sentiment: A Seeking Alpha piece highlights that CSX’s valuation premium is under pressure after weak quarterly results (EPS and revenue misses), which can damp investor appetite and explain selling pressure. Seeking Alpha Article
• Negative Sentiment: Citigroup downgraded CSX from “buy” to “neutral” despite raising its PT to $44 — a signal that some sell‑side desks see less near‑term upside, which can pressure the stock. Citigroup Coverage
• Negative Sentiment: Operational headwind: local reports show a washed‑out track near Coloma and damage at a State Road 54 crossing; CSX is repairing the damage, which could cause short‑term service disruptions or repair costs. HeraldPalladium WTHI Report MSN Article

About CSX

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.