Representative Jefferson Shreve (R-Indiana) recently sold shares of CSX Corporation NASDAQ: CSX. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in CSX stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
- Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
- Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
- Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
- Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.
CSX Stock Performance
CSX stock traded up $0.76 on Friday, reaching $35.76. 31,706,226 shares of the stock were exchanged, compared to its average volume of 16,897,412. The stock has a market cap of $66.67 billion, a PE ratio of 22.07, a PEG ratio of 3.16 and a beta of 1.23. The company has a current ratio of 0.77, a quick ratio of 0.63 and a debt-to-equity ratio of 1.50. CSX Corporation has a twelve month low of $26.22 and a twelve month high of $37.10. The firm has a fifty day moving average price of $32.69 and a two-hundred day moving average price of $31.26.
CSX (NASDAQ:CSX - Get Free Report) last released its earnings results on Wednesday, July 23rd. The transportation company reported $0.44 earnings per share for the quarter, topping analysts' consensus estimates of $0.42 by $0.02. The firm had revenue of $3.57 billion during the quarter, compared to analyst estimates of $3.57 billion. CSX had a net margin of 21.92% and a return on equity of 25.48%. The business's revenue was down 3.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 EPS. Sell-side analysts anticipate that CSX Corporation will post 1.83 EPS for the current year.
CSX Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, September 15th. Shareholders of record on Friday, August 29th will be given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a yield of 1.45%. The ex-dividend date is Friday, August 29th. CSX's dividend payout ratio is 32.10%.
Analysts Set New Price Targets
CSX has been the subject of a number of research analyst reports. Argus set a $32.00 target price on shares of CSX in a research report on Friday, April 25th. Susquehanna restated a "neutral" rating and issued a $35.00 price target on shares of CSX in a research report on Tuesday, June 24th. Benchmark raised their price target on shares of CSX from $37.00 to $40.00 and gave the stock a "buy" rating in a research report on Thursday. Stifel Nicolaus decreased their price target on shares of CSX from $37.00 to $34.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, The Goldman Sachs Group restated a "neutral" rating and issued a $35.00 price target on shares of CSX in a research report on Monday, June 2nd. Seven analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $37.00.
Check Out Our Latest Report on CSX
Hedge Funds Weigh In On CSX
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Marshall & Sterling Wealth Advisors Inc. acquired a new position in shares of CSX during the fourth quarter worth approximately $27,000. Rossby Financial LCC acquired a new position in shares of CSX during the first quarter worth approximately $28,000. Accredited Wealth Management LLC acquired a new position in shares of CSX during the fourth quarter worth approximately $29,000. Fourth Dimension Wealth LLC acquired a new position in shares of CSX during the fourth quarter worth approximately $29,000. Finally, Barnes Dennig Private Wealth Management LLC acquired a new position in shares of CSX during the first quarter worth approximately $30,000. 73.57% of the stock is currently owned by institutional investors and hedge funds.
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
CSX Company Profile
(
Get Free Report)
CSX Corporation, together with its subsidiaries, provides rail-based freight transportation services. The company offers rail services; and transportation of intermodal containers and trailers, as well as other transportation services, such as rail-to-truck transfers and bulk commodity operations. It also transports chemicals, agricultural and food products, minerals, automotive, forest products, fertilizers, and metals and equipment; and coal, coke, and iron ore to electricity-generating power plants, steel manufacturers, and industrial plants, as well as exports coal to deep-water port facilities.
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