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CSX jumps after earnings beat and sharp margin expansion

Investivoq PriceTracker

CSX Corporation (CSX) is up 6.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is a strong third-quarter earnings report that showed faster profit growth than revenue growth, a sign that operating leverage and efficiency improvements are taking hold. Investors also appeared encouraged by record quarterly revenue, higher freight volumes, and an outlook that kept margin expansion and cash-flow improvement on track.

Details:

  • CSX posted third-quarter revenue of $4.02 billion, up 12% from a year earlier, which the company described as a record for the quarter.
  • Diluted earnings per share rose to $0.57, while operating income increased to $1.57 billion and operating margin expanded to 39.1%.
  • Total volume increased 5%, including a 7% gain in intermodal, with pricing and fuel surcharge revenue also supporting growth across merchandise, intermodal, and coal.
  • Market reaction was likely helped by a favorable full-year setup, including expectations for more than 350 basis points of operating margin expansion, capital spending below $2.4 billion, and free cash flow growth of more than 80%.

    • Sources:

    CSX, SEC, AP News

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

    $CSX Insider Trading Activity

    CSX Insider Trades

    $CSX insiders have traded $CSX stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.

    Here’s a breakdown of recent trading of $CSX stock by insiders over the last 6 months:

    • KEVIN S. BOONE (EVP & CFO) sold 136,708 shares for an estimated $6,384,263
    • ANGELA C WILLIAMS (VP & Chief Accounting Officer) sold 30,000 shares for an estimated $1,598,700
    • MICHAEL S. BURNS (SVP - CLO & Corp Secy) sold 13,000 shares for an estimated $684,840
    • JOHN J ZILLMER sold 10,000 shares for an estimated $464,500

    To track insider transactions, check out Investivoq's insider trading dashboard. You can access data on insider stock transactions through the Investivoq API insider transaction endpoint.

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    $CSX Hedge Fund Activity

    We have seen 956 institutional investors add shares of $CSX stock to their portfolio, and 734 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • INVESCO LTD. added 38,918,207 shares (+200.2%) to their portfolio in Q2 2026, for an estimated $1,849,782,378
    • JPMORGAN CHASE & CO added 36,262,181 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,723,541,462
    • LAZARD ASSET MANAGEMENT LLC removed 20,608,306 shares (-99.7%) from their portfolio in Q2 2026, for an estimated $979,512,784
    • VIKING GLOBAL INVESTORS LP removed 18,678,052 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $887,767,811
    • SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 12,605,769 shares (+inf%) to their portfolio in Q2 2026, for an estimated $599,152,200
    • BANK OF NEW YORK MELLON CORP removed 8,572,647 shares (-30.0%) from their portfolio in Q2 2026, for an estimated $407,457,911
    • BANK OF AMERICA CORP /DE/ removed 8,520,624 shares (-20.2%) from their portfolio in Q2 2026, for an estimated $404,985,258

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $CSX Congressional Stock Trading

    Members of Congress have traded $CSX stock 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.

    Here’s a breakdown of recent trading of $CSX stock by members of Congress over the last 6 months:

    • REPRESENTATIVE KEVIN HERN has traded it 2 times. They made 0 purchases and 2 sales worth up to $30,000 on 08/31, 08/27.
    • REPRESENTATIVE DAN NEWHOUSE sold up to $15,000 on 07/10.
    • SENATOR TOMMY TUBERVILLE sold up to $50,000 on 06/08.

    To track congressional stock trading, check out Investivoq's congressional trading dashboard. You can access data on congressional stock trades through the Investivoq API Congress trades endpoint.

    $CSX Price Targets

    Multiple analysts have issued price targets for $CSX recently. We have seen 7 analysts offer price targets for $CSX in the last 6 months, with a median target of $53.0.

    Here are some recent targets:

    • Ariel Rosa from Citigroup set a target price of $53.0 on 07/09/2026
    • Christian Wetherbee from Wells Fargo set a target price of $54.0 on 07/08/2026
    • Dan Moore from Baird set a target price of $53.0 on 07/07/2026
    • Ravi Shanker from Morgan Stanley set a target price of $32.0 on 07/06/2026
    • Jonathan Chappell from Evercore ISI Group set a target price of $47.0 on 06/25/2026
    • Brandon Oglenski from Barclays set a target price of $55.0 on 06/25/2026
    • Ken Hoexter from B of A Securities set a target price of $53.0 on 06/17/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.