CSX CorpCSX
Market Cap: $65.3B
About: Operating in the Eastern United States, Class I railroad CSX generated revenue near $14.7 billion in 2023. On its more than 21,000 miles of track, CSX hauls shipments of coal (16% of consolidated revenue), chemicals (17%), intermodal containers (16%), automotive cargo (7%), and a diverse mix of other bulk and industrial merchandise.
Employees: 23,400
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
6% more repeat investments, than reductions
Existing positions increased: 603 | Existing positions reduced: 570
0.62% less ownership
Funds ownership: 73.83% [Q1] → 73.21% (-0.62%) [Q2]
3% less call options, than puts
Call options by funds: $182M | Put options by funds: $188M
2% less funds holding
Funds holding: 1,658 [Q1] → 1,622 (-36) [Q2]
11% less capital invested
Capital invested by funds: $53.5B [Q1] → $47.8B (-$5.66B) [Q2]
23% less first-time investments, than exits
New positions opened: 119 | Existing positions closed: 155
35% less funds holding in top 10
Funds holding in top 10: 23 [Q1] → 15 (-8) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Benchmark Nathan Martin 42% 1-year accuracy 13 / 31 met price target | 20%upside $40 | Buy Reiterated | 7 Aug 2024 |
Susquehanna Bascome Majors 51% 1-year accuracy 21 / 41 met price target | 23%upside $41 | Positive Maintained | 7 Aug 2024 |
Stephens & Co. Daniel Imbro 44% 1-year accuracy 7 / 16 met price target | 26%upside $42 | Overweight Reiterated | 6 Aug 2024 |
JP Morgan Brian Ossenbeck 44% 1-year accuracy 18 / 41 met price target | 26%upside $42 | Overweight Maintained | 6 Aug 2024 |
BMO Capital Fadi Chamoun 45% 1-year accuracy 5 / 11 met price target | 20%upside $40 | Outperform Reiterated | 6 Aug 2024 |
Financial journalist opinion
Based on 12 articles about CSX published over the past 30 days