CSX (NASDAQ:CSX) Price Target Raised to $42.00 at JPMorgan Chase & Co.

CSX (NASDAQ:CSX) had its price objective increased by JPMorgan Chase & Co. from $41.00 to $42.00 in a report released on Tuesday,MarketScreener reports. They currently have an overweight rating on the transportation company’s stock.

CSX has been the subject of several other research reports. Jefferies Financial Group boosted 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. Argus boosted their price target on CSX from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Tuesday, January 27th. TD Cowen restated a “buy” rating on shares of CSX in a research note on Monday, January 12th. Raymond James Financial boosted their price target on CSX from $40.00 to $41.00 and gave the stock an “outperform” rating in a research note on Friday, January 23rd. Finally, Bank of America decreased their price target on CSX from $48.00 to $46.00 and set a “buy” rating for the company in a research note on Thursday, March 12th. Seventeen investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $41.44.

CSX Stock Down 0.1%

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 business has a fifty day moving average price of $40.51 and a 200-day moving average price of $37.42. 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 has a market capitalization of $77.07 billion, a P/E ratio of 26.90, a P/E/G ratio of 2.29 and a beta of 1.25.

CSX (NASDAQ:CSX) last posted its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.02). CSX had a return on equity of 23.88% and a net margin of 20.50%.The business had revenue of $3.51 billion during the quarter, compared to analysts’ expectations of $3.59 billion. During the same quarter in the prior year, the firm earned $0.42 EPS. The firm’s revenue for the quarter was down .9% compared to the same quarter last year. Equities analysts forecast that CSX will post 1.83 earnings per share for the current fiscal year.

CSX Increases Dividend

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

Insider Buying and Selling

In related news, CAO Diana B. Sorfleet sold 90,000 shares of CSX 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 completion of the sale, the chief accounting officer owned 165,613 shares of the company’s stock, valued at $6,882,876.28. The trade was a 35.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Stephen F. Angel acquired 25,000 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average cost of $40.27 per share, with a total value 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 ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold 188,123 shares of company stock valued at $7,454,854 over the last 90 days. Company insiders own 0.35% of the company’s stock.

Institutional Trading of CSX

Several large investors have recently modified their holdings of the company. Syon Capital LLC grew its holdings in shares of CSX by 1.0% in the fourth quarter. Syon Capital LLC now owns 28,316 shares of the transportation company’s stock worth $1,026,000 after acquiring an additional 287 shares during the period. Root Financial Partners LLC grew its holdings in CSX by 7.3% during the fourth quarter. Root Financial Partners LLC now owns 4,757 shares of the transportation company’s stock valued at $172,000 after purchasing an additional 323 shares during the period. Kingswood Wealth Advisors LLC grew its holdings in CSX by 4.1% during the third quarter. Kingswood Wealth Advisors LLC now owns 8,324 shares of the transportation company’s stock valued at $296,000 after purchasing an additional 331 shares during the period. Moloney Securities Asset Management LLC grew its holdings in CSX by 2.7% during the third quarter. Moloney Securities Asset Management LLC now owns 13,048 shares of the transportation company’s stock valued at $463,000 after purchasing an additional 339 shares during the period. Finally, Walled Lake Planning & Wealth Management LLC grew its holdings in CSX by 2.7% during the fourth quarter. Walled Lake Planning & Wealth Management LLC now owns 13,235 shares of the transportation company’s stock valued at $480,000 after purchasing an additional 346 shares during the period. Institutional investors own 73.57% of the company’s stock.

Key CSX News

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

CSX Company Profile

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.