CSX (NASDAQ:CSX) Shares Sold by Rep. Kevin Hern

Key Points

• Rep. Kevin Hern sold between $1,001 and $15,000 of CSX stock from his traditional IRA on August 31, according to a filing disclosed September 25. He also reported selling shares of several other companies in September.
• CSX reported quarterly earnings of $0.54 per share, exceeding estimates of $0.52, while revenue rose 10.1% year over year to $3.94 billion. The company pays a quarterly dividend of $0.14, implying an annualized yield of about 1.2%.
• Analysts maintain a “Moderate Buy” consensus on CSX, with a consensus price target of $51.24 versus the reported share price of $46.76.

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of CSX Corporation NASDAQ: CSX. In a filing disclosed on September 25th, the Representative disclosed that they had sold between $1,001 and $15,000 in CSX stock on August 31st. The trade occurred in the Representative's "KEVIN HERN TRADITIONAL IRA" account.

Representative Kevin Hern also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of CenterPoint Energy NYSE: CNP on 9/15/2026.
• Sold $1,001 - $15,000 in shares of TJX Companies NYSE: TJX on 9/15/2026.
• Sold $15,001 - $50,000 in shares of STERIS NYSE: STE on 9/15/2026.
• Sold $1,001 - $15,000 in shares of Seagate Technology NASDAQ: STX on 9/15/2026.
• Sold $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 9/14/2026.
• Sold $1,001 - $15,000 in shares of Marsh & McLennan Companies NYSE: MRSH on 9/14/2026.
• Sold $15,001 - $50,000 in shares of IQVIA NYSE: IQV on 9/14/2026.
• Sold $15,001 - $50,000 in shares of Home Depot NYSE: HD on 9/14/2026.
• Sold $1,001 - $15,000 in shares of Home Depot NYSE: HD on 9/14/2026.
• Sold $15,001 - $50,000 in shares of Emerson Electric NYSE: EMR on 9/14/2026.

CSX Stock Down 0.0%

Shares of NASDAQ CSX opened at $46.76 on Tuesday. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.72 and a current ratio of 0.82. CSX Corporation has a 52 week low of $33.63 and a 52 week high of $53.60. The stock has a market capitalization of $86.62 billion, a P/E ratio of 27.03, a PEG ratio of 2.20 and a beta of 1.21. The stock's fifty day moving average is $49.73 and its 200 day moving average is $46.57.

CSX (NASDAQ:CSX - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The transportation company reported $0.54 earnings per share for the quarter, topping 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 net margin of 22.21% and a return on equity of 24.98%. The firm's quarterly revenue was up 10.1% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.44 EPS. Sell-side analysts forecast that CSX Corporation will post 2 earnings per share for the current fiscal year.

CSX Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 15th. Investors of record on Monday, August 31st were given a $0.14 dividend. The ex-dividend date was Monday, August 31st. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.2%. CSX's dividend payout ratio (DPR) is presently 32.37%.

Analysts Set New Price Targets

A number of brokerages have weighed in on CSX. Citigroup raised their target price on CSX from $53.00 to $54.00 and gave the company a "neutral" rating in a report on Friday, July 24th. Barclays restated an "overweight" rating and set a $60.00 price objective (up from $55.00) on shares of CSX in a research report on Thursday, July 23rd. Citizens Jmp started coverage on CSX in a research note on Wednesday, July 15th. They issued a "market perform" rating on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $59.00 target price on shares of CSX in a research note on Friday, July 24th. Finally, BMO Capital Markets reissued a "market perform" rating and issued a $52.00 target price (up from $49.00) on shares of CSX in a report on Thursday, July 23rd. Eighteen research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $51.24.

Insider Activity at CSX

In other news, SVP Michael Burns sold 13,000 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $52.68, for a total value of $684,840.00. Following the completion of the sale, the senior vice president directly owned 59,643 shares of the company's stock, valued at $3,141,993.24. This represents a 17.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Angela Williams sold 30,000 shares of CSX stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $53.29, for a total value of $1,598,700.00. Following the transaction, the chief accounting officer directly owned 10,437 shares in the company, valued at approximately $556,187.73. The trade was a 74.19% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.30% of the company's stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in CSX. Evolve Private Wealth LLC bought a new stake in shares of CSX during the second quarter worth about $693,000. M. Kulyk & Associates LLC bought a new position in CSX in the 2nd quarter valued at about $8,145,000. Wealthfront Advisers LLC bought a new position in CSX in the 2nd quarter valued at about $7,609,000. B. Metzler seel. Sohn & Co. AG acquired a new position in CSX during the 2nd quarter valued at about $6,598,000. Finally, First National Bank of Omaha bought a new stake in CSX during the 2nd quarter worth approximately $6,248,000. Institutional investors and hedge funds own 73.57% of the company's stock.

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma's 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027. Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma's 1st Congressional District. He declared candidacy for the 2026 election. Kevin Hern went into business as a McDonald's franchisee in 1999. He acquired 10 McDonald's franchises by 2012. He served on the McDonald's National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About CSX

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.

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