CSX designates Dothan's Westgate Super Site as a Platinum Select Site, enhancing manufacturing potential and economic growth in Alabama.
Quiver AI Summary
CSX has designated the 365-acre Westgate Super Site in Dothan, Alabama, as a Platinum CSX Select Site, recognizing it as development-ready with all necessary land use and due diligence items addressed. This designation aims to attract manufacturers and facilitate the rapid construction of industrial facilities, supporting job creation and economic growth in the region. Christina Bottomley of CSX highlighted the significance of this achievement for Dothan and Alabama, positioning the area as a competitive manufacturing hub. Since launching the Select Site program in 2012, CSX has certified several similar sites, leading to substantial capital investments and job creation. The Westgate Super Site is the fifth in Alabama to attain this status, marking a key milestone in local and regional economic development.
Potential Positives
- The designation of the Westgate Super Site as a Platinum CSX Select Site enhances CSX's reputation as a facilitator of industrial development, potentially attracting new business and investment.
- This initiative supports economic growth in Dothan and the surrounding region by creating new job opportunities and strengthening domestic supply chains.
- The Westgate Super Site's strategic location, being adjacent to the railroad and within city limits, increases its attractiveness to manufacturers, thereby aligning with CSX's core business model of providing transportation solutions.
Potential Negatives
- None
FAQ
What is the Platinum CSX Select Site designation?
The Platinum CSX Select Site designation indicates a development-ready property that meets rigorous criteria, addressing various land use considerations.
Where is the Westgate Super Site located?
The Westgate Super Site is located in Dothan, Alabama, covering an area of 365 acres.
How does the CSX Select Site program benefit manufacturers?
The program reduces construction time for industrial facilities, facilitating quicker market entry for products and attracting valuable investments.
How many Platinum CSX Select Sites are in Alabama?
The Westgate Super Site is the fifth Platinum CSX Select Site designated in Alabama since the program's inception in 2012.
What impact will the Westgate Super Site have on the local economy?
The site is expected to create quality jobs and boost long-term economic growth in Dothan and the surrounding Wiregrass region.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$CSX Congressional Stock Trading
Members of Congress have traded $CSX stock 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $CSX stock by members of Congress over the last 6 months:
- REPRESENTATIVE VAL T. HOYLE sold up to $15,000 on 09/23.
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$CSX Insider Trading Activity
$CSX insiders have traded $CSX stock on the open market 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $CSX stock by insiders over the last 6 months:
- STEPHEN F ANGEL (President & CEO) purchased 55,000 shares for an estimated $2,027,849
- KEVIN S. BOONE (EVP & CCO) sold 31,053 shares for an estimated $1,120,702
- MICHAEL S. BURNS (SVP - CLO & Corp Secy) sold 24,249 shares for an estimated $891,393
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$CSX Hedge Fund Activity
We have seen 736 institutional investors add shares of $CSX stock to their portfolio, and 795 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO removed 35,423,958 shares (-62.7%) from their portfolio in Q3 2025, for an estimated $1,257,904,748
- LAZARD ASSET MANAGEMENT LLC added 10,074,994 shares (+41.3%) to their portfolio in Q2 2025, for an estimated $328,747,054
- QUBE RESEARCH & TECHNOLOGIES LTD removed 8,053,117 shares (-78.9%) from their portfolio in Q2 2025, for an estimated $262,773,207
- HOLOCENE ADVISORS, LP added 7,313,115 shares (+inf%) to their portfolio in Q2 2025, for an estimated $238,626,942
- PRICE T ROWE ASSOCIATES INC /MD/ added 6,815,219 shares (+26.8%) to their portfolio in Q2 2025, for an estimated $222,380,595
- TOMS CAPITAL INVESTMENT MANAGEMENT LP added 5,612,400 shares (+inf%) to their portfolio in Q2 2025, for an estimated $183,132,612
- MORGAN STANLEY removed 5,299,840 shares (-16.9%) from their portfolio in Q2 2025, for an estimated $172,933,779
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$CSX Analyst Ratings
Wall Street analysts have issued reports on $CSX in the last several months. We have seen 12 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Overweight" rating on 10/20/2025
- UBS issued a "Buy" rating on 10/17/2025
- Jefferies issued a "Buy" rating on 10/17/2025
- Citigroup issued a "Buy" rating on 10/13/2025
- Baird issued a "Outperform" rating on 09/26/2025
- Wells Fargo issued a "Overweight" rating on 09/25/2025
- B of A Securities issued a "Buy" rating on 09/24/2025
To track analyst ratings and price targets for $CSX, check out Quiver Quantitative's $CSX forecast page.
$CSX Price Targets
Multiple analysts have issued price targets for $CSX recently. We have seen 17 analysts offer price targets for $CSX in the last 6 months, with a median target of $40.0.
Here are some recent targets:
- Daniel Moore from Baird set a target price of $40.0 on 10/20/2025
- Brian Ossenbeck from JP Morgan set a target price of $41.0 on 10/20/2025
- Brandon Oglenski from Barclays set a target price of $40.0 on 10/20/2025
- Thomas Wadewitz from UBS set a target price of $45.0 on 10/17/2025
- Jason Seidl from TD Cowen set a target price of $39.0 on 10/17/2025
- Jonathan Chappell from Evercore ISI Group set a target price of $39.0 on 10/17/2025
- Stephanie Moore from Jefferies set a target price of $42.0 on 10/17/2025
Full Release
JACKSONVILLE, Fla., Nov. 12, 2025 (GLOBE NEWSWIRE) -- CSX (NASDAQ: CSX) today announced that the 365-acre Westgate Super Site in Dothan, Alabama, has been designated as a Platinum CSX Select Site.
Select Sites are development-ready properties along the CSX network where standard land use considerations and comprehensive due diligence items have been previously addressed. These properties can meet the needs of a wide variety of manufacturers, significantly reducing the time required to construct industrial facilities and ultimately bringing products to market.
“Achieving Platinum CSX Select Site status is a tremendous milestone for Dothan and the State of Alabama,” said Christina Bottomley, vice president of real estate and industrial development at CSX. “This region continues to emerge as one of the most competitive manufacturing corridors in the country — and the Westgate Super Site is now positioned to attract the kind of high-value industrial investment that strengthens domestic supply chains, creates quality jobs, and accelerates long-term economic growth.”
CSX introduced the Select Site program in 2012 to better serve new and existing customers on its network and those of its short line partners. CSX works with Austin Consulting, a nationally known site-selection consulting firm, to screen candidate sites and assist communities with the application and certification process.
To receive the Platinum CSX Select Site designation, the location must meet a rigorous list of criteria, including infrastructure and utility availability, environmental reviews, appropriate zoning and entitlement, air quality permitting, rail serviceability, proximity to highways or interstates, and other attributes.
Since the program rolled out in 2012, Select Sites have attracted dozens of manufacturers, with capital investments projected to reach $16.2 billion and realize nearly 13,000 new jobs.
The Westgate Super Site is now the fifth site in Alabama to have received the Platinum CSX Select Site designation since 2012. This property is one of 33 properties across CSX’s service territory to have met this rigorous site selection criteria over the program’s history.
Quotes
“It is uncommon to find such a large, attractive greenfield industrial site, which is both adjacent to the railroad right-of-way and within the city limits. The site is a gem.”
–
Jonathan Gemmen, senior director at Austin Consulting
“The Platinum Site designation for the Westgate Super Site is a tremendous achievement for Dothan. We sincerely appreciate CSX for recognizing the potential of this site and for their partnership in helping us reach this important milestone.” – Mayor Mark Saliba, City of Dothan
“The Platinum Site designation is a major step forward for Houston County and the entire Wiregrass region. We are grateful to CSX for recognizing the strength and readiness of the Westgate Super Site. This site will have a generational impact—bringing new opportunities, quality jobs, and lasting economic growth that will benefit families and businesses across our community for decades to come.” - Chairman Brandon Shoupe, Houston County Commission
About CSX
CSX, based in Jacksonville, Florida, is a premier transportation company. It provides rail, intermodal and rail-to-truck transload services and solutions to customers across a broad array of markets, including energy, industrial, construction, agricultural and consumer products. For nearly 200 years, CSX has played a critical role in the nation’s economic expansion and industrial development. Its network connects every major metropolitan area in the eastern United States, where nearly two-thirds of the nation’s population resides. It also links more than 240 short-line railroads and more than 70 ocean, river and lake ports with major population centers and farming towns alike. More information about CSX Corporation and its subsidiaries is available at
www.csx.com
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Contact:
Matthew Korn, CFA, Investor Relations
904-366-4515
Austin Staton, Media Relations
855-955-6397