CSX (NASDAQ:CSX) Stock Sale Revealed by Rep. Kevin Hern

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 Up 0.1%

CSX stock traded up $0.04 during midday trading on Tuesday, hitting $46.80. 2,684,556 shares of the company’s stock were exchanged, compared to its average volume of 12,602,896. CSX Corporation has a 12 month low of $33.63 and a 12 month high of $53.60. The company has a market cap of $86.69 billion, a PE ratio of 27.05, a P/E/G ratio of 2.20 and a beta of 1.21. The company has a debt-to-equity ratio of 1.22, a quick ratio of 0.72 and a current ratio of 0.82. The firm has a 50-day moving average of $49.73 and a two-hundred day moving average of $46.57.

CSX (NASDAQ:CSX) last issued its earnings results on Wednesday, July 22nd. The transportation company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.02. CSX had a return on equity of 24.98% and a net margin of 22.21%.The business had revenue of $3.94 billion for the quarter, compared to analysts’ expectations of $3.89 billion. During the same period in the previous year, the firm posted $0.44 EPS. The business’s revenue for the quarter was up 10.1% compared to the same quarter last year. As a group, analysts expect that CSX Corporation will post 2 earnings per share for the current fiscal year.

CSX Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Shareholders of record on Monday, August 31st were paid a $0.14 dividend. The ex-dividend date of this dividend was Monday, August 31st. This represents a $0.56 annualized dividend and a yield of 1.2%. CSX’s dividend payout ratio (DPR) is presently 32.37%.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on CSX shares. BMO Capital Markets reissued a “market perform” rating and set a $52.00 price target (up from $49.00) on shares of CSX in a research report on Thursday, July 23rd. Wells Fargo & Company increased their price objective on CSX from $50.00 to $54.00 and gave the company an “overweight” rating in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $59.00 price target on shares of CSX in a report on Friday, July 24th. Raymond James Financial reiterated an “outperform” rating and issued a $56.00 price objective on shares of CSX in a research note on Monday, July 13th. Finally, Susquehanna upgraded shares of CSX from a “neutral” rating to a “positive” rating and upped their target price for the stock from $50.00 to $58.00 in a research note on Tuesday, July 14th. Eighteen research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, CSX has an average rating of “Moderate Buy” and a consensus target price of $51.24.

Insider Buying and Selling

In other news, SVP Michael Burns sold 13,000 shares of the company’s stock in a transaction that occurred on 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 owned 59,643 shares in the company, valued at $3,141,993.24. This represents a 17.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Angela Williams sold 30,000 shares of the stock in a transaction on Friday, July 24th. The stock was sold at an average price of $53.29, for a total value of $1,598,700.00. Following the sale, the chief accounting officer directly owned 10,437 shares of the company’s stock, valued at approximately $556,187.73. This represents a 74.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.30% of the stock is currently owned by company insiders.

Institutional Trading of CSX

Institutional investors have recently modified their holdings of the stock. Archer Investment Corp acquired a new stake in shares of CSX in the 2nd quarter valued at about $26,000. N.E.W. Advisory Services LLC acquired a new position in CSX in the second quarter valued at $27,000. Pin Oak Investment Advisors Inc. acquired a new stake in shares of CSX during the second quarter worth about $29,000. Manning & Napier Advisors LLC purchased a new position in shares of CSX during the second quarter worth about $30,000. Finally, Arlington Trust Co LLC increased its position in CSX by 58.0% in the 2nd quarter. Arlington Trust Co LLC now owns 681 shares of the transportation company’s stock valued at $32,000 after acquiring an additional 250 shares during the period. Hedge funds and other institutional investors 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.

CSX Company Profile

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.