298,566 CSX Corporation $CSX Shares Sold by Curated Wealth Partners LLC

Key Points

• Curated Wealth Partners LLC cut its CSX position by 97.8% in the third quarter, selling 298,566 shares and retaining 6,760 shares worth approximately $314,000. Institutional investors still own 73.57% of CSX.
• CSX recently beat quarterly estimates with $0.54 EPS and $3.94 billion in revenue, while declaring a quarterly dividend of $0.14 per share, equivalent to a 1.2% yield.
• Analysts maintain a generally favorable outlook, with a “Moderate Buy” consensus and an average $51.17 price target, though COO Mike Cory’s retirement introduces some leadership-transition uncertainty.

Curated Wealth Partners LLC trimmed its position in shares of CSX Corporation (NASDAQ:CSX - Free Report) by 97.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 6,760 shares of the transportation company's stock after selling 298,566 shares during the quarter. Curated Wealth Partners LLC's holdings in CSX were worth $314,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. bought a new position in shares of CSX during the second quarter valued at $7,655,277,000. XXEC Inc. purchased a new stake in shares of CSX during the second quarter valued at $765,595,000. Bank of America Corp DE purchased a new position in CSX in the 2nd quarter worth about $1,598,962,000. Bank of New York Mellon Corp purchased a new position in CSX in the 2nd quarter worth about $950,325,000. Finally, Legal & General Group Plc bought a new position in CSX during the 2nd quarter valued at about $747,001,000. 73.57% of the stock is currently owned by institutional investors.

CSX News Summary

Here are the key news stories impacting CSX this week:

• Positive Sentiment: CSX’s rail network was highlighted as an economic moat because building a competing freight system would require enormous capital and decades to replicate. That structural advantage supports long-term pricing power and the company’s dividend appeal. 3 Dividend Stocks With Economic Moats That Are Almost Impossible to Cross
• Positive Sentiment: TD Cowen reportedly maintained a constructive outlook and set a $54 price target following CSX’s announcement that COO Mike Cory is retiring. The target remains above the stock’s recent trading level, although the leadership transition could create near-term uncertainty. CSX retires COO Mike Cory
• Neutral Sentiment: Wall Street estimates for CSX’s quarter ended September 2026 are being examined ahead of earnings, with investors watching revenue, volumes, pricing, operating efficiency and other key metrics—not just earnings per share and sales. Unlocking Q3 Potential of CSX
• Neutral Sentiment: Raymond James lowered its CSX price target to $53 from $56. The reduction may temper enthusiasm, but the revised target still implies upside relative to the recent share price. Raymond James Adjusts CSX Price Target
• Negative Sentiment: CSX’s COO retirement and the reassignment of direct reports to the CEO raise questions about leadership continuity and execution during the upcoming earnings period. Local concerns about a deteriorating bridge associated with CSX also create reputational and potential infrastructure-cost risks, though neither issue currently indicates a material financial impact. How CSX’s COO Retirement May Influence Investors

CSX Stock Performance

Shares of CSX opened at $48.68 on Friday. 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 Corporation has a one year low of $33.63 and a one year high of $53.60. The firm has a market capitalization of $90.18 billion, a P/E ratio of 28.14, a PEG ratio of 2.30 and a beta of 1.21. The business has a fifty day moving average of $48.77 and a 200 day moving average of $47.31.

CSX (NASDAQ:CSX - Get Free Report) last posted 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. CSX had a return on equity of 24.98% and a net margin of 22.21%. The company had revenue of $3.94 billion during the quarter, compared to analysts' expectations of $3.89 billion. During the same quarter in the prior year, the business earned $0.44 earnings per share. CSX's revenue for the quarter was up 10.1% compared to the same quarter last year. As a group, sell-side analysts anticipate that CSX Corporation will post 1.99 EPS for the current year.

CSX Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 15th. Shareholders of record on Monday, November 30th will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Monday, November 30th. CSX's payout ratio is currently 32.37%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Benchmark restated a "buy" rating and set a $54.00 target price (up from $48.00) on shares of CSX in a research note on Wednesday, July 15th. Wells Fargo & Company lifted their price target on shares of CSX from $50.00 to $54.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 8th. Raymond James Financial reiterated an "outperform" rating and issued a $53.00 price target on shares of CSX in a research note on Thursday. Truist Financial set a $46.00 price objective on shares of CSX in a report on Friday, July 10th. Finally, Evercore set a $51.00 price objective on shares of CSX in a research report on Thursday, July 23rd. Seventeen analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $51.17.

Insider Transactions at CSX

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

CSX Profile

CSX Corporation is a transportation company whose primary business is freight railroading through its CSX Transportation subsidiary. The company operates an extensive rail network across the eastern United States, serving major industrial centers, population hubs, ports and distribution markets.

CSX transports a broad range of products, including chemicals, agricultural and food products, forest products, minerals, metals, automotive goods and other manufactured merchandise. Its services also include intermodal transportation, which combines rail service with trucks and containers, as well as the movement of coal and other bulk commodities.

The company traces its roots to the formation of CSX Corporation in 1980 through the merger of Chessie System and Seaboard Coast Line Industries.

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