Sen. Markwayne Mullin Sells Shares of CSX Co. (NASDAQ:CSX)

Senator Markwayne Mullin (R-Oklahoma) recently sold shares of CSX Co. NASDAQ: CSX. In a filing disclosed on May 12th, the Senator disclosed that they had sold between $15,001 and $50,000 in CSX stock on April 8th.

Senator Markwayne Mullin also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Texas Instruments NASDAQ: TXN on 4/8/2025.
• Sold $50,001 - $100,000 in shares of Lam Research NASDAQ: LRCX on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Chevron NYSE: CVX on 4/8/2025.
• Sold $50,001 - $100,000 in shares of Thermo Fisher Scientific NYSE: TMO on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/8/2025.
• Sold $15,001 - $50,000 in shares of ConocoPhillips NYSE: COP on 4/8/2025.
• Sold $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Adobe NASDAQ: ADBE on 4/8/2025.
• Sold $50,001 - $100,000 in shares of Valero Energy NYSE: VLO on 4/8/2025.
• Purchased $15,001 - $50,000 in shares of Capital One Financial NYSE: COF on 3/19/2025.

CSX Trading Up 0.9%

NASDAQ:CSX traded up $0.27 on Thursday, hitting $31.30. The stock had a trading volume of 15,563,107 shares, compared to its average volume of 12,827,344. CSX Co. has a 1-year low of $26.22 and a 1-year high of $37.10. The stock has a market cap of $58.80 billion, a price-to-earnings ratio of 17.49, a PEG ratio of 1.92 and a beta of 1.22. The company has a fifty day moving average price of $28.76 and a two-hundred day moving average price of $31.81. The company has a quick ratio of 1.23, a current ratio of 0.86 and a debt-to-equity ratio of 1.43.

CSX (NASDAQ:CSX - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The transportation company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.05). CSX had a net margin of 23.95% and a return on equity of 28.15%. The company had revenue of $3.42 billion during the quarter, compared to analysts' expectations of $3.53 billion. Equities research analysts expect that CSX Co. will post 1.83 earnings per share for the current fiscal year.

CSX Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 13th. Investors of record on Friday, May 30th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Friday, May 30th. CSX's dividend payout ratio is currently 31.14%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on CSX shares. BMO Capital Markets lowered their price objective on CSX from $36.00 to $35.00 and set an "outperform" rating for the company in a research report on Thursday, April 17th. Barclays cut their price target on CSX from $35.00 to $31.00 and set an "overweight" rating for the company in a report on Thursday, April 17th. Jefferies Financial Group decreased their target price on CSX from $37.00 to $33.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Deutsche Bank Aktiengesellschaft began coverage on CSX in a research note on Friday, March 7th. They set a "hold" rating and a $34.00 price objective for the company. Finally, Benchmark restated a "buy" rating and set a $35.00 price objective on shares of CSX in a research note on Thursday, April 17th. Seven equities research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the stock. Based on data from MarketBeat, CSX currently has an average rating of "Moderate Buy" and a consensus price target of $33.90.

Hedge Funds Weigh In On CSX

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Marshall & Sterling Wealth Advisors Inc. purchased a new position in shares of CSX during the 4th quarter worth about $27,000. Accredited Wealth Management LLC bought a new stake in shares of CSX in the 4th quarter valued at about $29,000. Fourth Dimension Wealth LLC purchased a new stake in shares of CSX during the 4th quarter valued at $29,000. SBI Securities Co. Ltd. purchased a new position in shares of CSX in the 4th quarter valued at approximately $31,000. Finally, Sierra Ocean LLC acquired a new position in shares of CSX in the 4th quarter valued at $33,000. Institutional investors own 73.57% of the company's stock.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father's plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

CSX Company Profile

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.