Rep. Dan Newhouse Unloads CSX Corporation (NASDAQ:CSX) Shares

Representative Dan Newhouse (Republican-Washington) recently sold shares of CSX Corporation (NASDAQ:CSX). In a filing disclosed on July 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in CSX stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
• Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
• Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

CSX Price Performance

Shares of NASDAQ CSX opened at $50.11 on Tuesday. The stock has a market cap of $93.11 billion, a P/E ratio of 30.74, a P/E/G ratio of 2.51 and a beta of 1.21. The firm’s 50-day simple moving average is $47.19 and its 200 day simple moving average is $42.77. CSX Corporation has a fifty-two week low of $31.80 and a fifty-two week high of $51.28. The company has a quick ratio of 0.83, a current ratio of 0.97 and a debt-to-equity ratio of 1.34.

CSX (NASDAQ:CSX) last announced its earnings results on Wednesday, April 22nd. The transportation company reported $0.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.39 by $0.04. The firm had revenue of $3.48 billion during the quarter, compared to analyst estimates of $3.50 billion. CSX had a net margin of 21.55% and a return on equity of 24.47%. CSX’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.34 EPS. Equities analysts expect that CSX Corporation will post 1.92 EPS for the current year.

CSX Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Monday, August 31st will be paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Monday, August 31st. CSX’s payout ratio is currently 34.36%.

Insider Activity at CSX

In related news, CFO Kevin S. Boone sold 136,708 shares of the company’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $46.70, for a total transaction of $6,384,263.60. Following the completion of the transaction, the chief financial officer directly owned 208,622 shares in the company, valued at $9,742,647.40. This represents a 39.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John J. Zillmer sold 10,000 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $46.45, for a total transaction of $464,500.00. Following the transaction, the director owned 353,714 shares in the company, valued at approximately $16,430,015.30. The trade was a 2.75% decrease in their position. The SEC filing for this sale provides additional information. 0.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in CSX. City Holding Co. raised its position in CSX by 2.2% during the second quarter. City Holding Co. now owns 38,054 shares of the transportation company’s stock valued at $1,808,000 after buying an additional 810 shares during the period. Allied Private Wealth LLC bought a new position in shares of CSX during the 2nd quarter valued at $37,000. Trust Point Inc. lifted its position in shares of CSX by 3.1% in the second quarter. Trust Point Inc. now owns 14,946 shares of the transportation company’s stock worth $710,000 after buying an additional 444 shares during the last quarter. Longboard Asset Management LP bought a new position in shares of CSX in the 2nd quarter valued at approximately $203,000. Finally, GAMMA Investing LLC lifted its stake in shares of CSX by 10.0% in the second quarter. GAMMA Investing LLC now owns 76,675 shares of the transportation company’s stock worth $3,644,000 after buying an additional 6,985 shares during the last quarter. 73.57% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CSX has been the subject of a number of research analyst reports. Evercore set a $47.00 price target on shares of CSX in a research note on Thursday, June 25th. Wolfe Research reissued an “outperform” rating and set a $50.00 target price on shares of CSX in a report on Thursday, April 23rd. Sanford C. Bernstein upped their target price on CSX from $36.00 to $39.00 and gave the stock a “market perform” rating in a research report on Tuesday, March 31st. Rothschild & Co Redburn increased their price target on CSX from $45.50 to $47.50 and gave the company a “buy” rating in a research note on Tuesday, April 28th. Finally, Weiss Ratings cut CSX from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, July 14th. Seventeen investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $49.33.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

CSX Company Profile

CSX Corporation is a leading North American transportation company that provides rail-based freight services and supply-chain solutions. Its operating subsidiary, CSX Transportation, moves a wide range of goods for customers across multiple industries, using a combination of long-haul rail service, intermodal operations and terminal and yard services. The company focuses on delivering efficient, reliable freight transportation between major production centers, consumption markets and port gateways.

CSX’s freight portfolio includes intermodal containers and trailers, bulk commodities, industrial products and specialized unit trains.