CSX jumps as Q1 profit beats expectations and outlook improves

CSX Corporation (CSX) is up 6.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to a stronger-than-expected first-quarter earnings report, driven by improved efficiency and higher volumes, alongside a more constructive full-year revenue growth outlook. Investors also seemed to respond to margin expansion as operating expenses fell year over year.

Details:

CSX reported first-quarter 2026 net earnings of $807 million, or $0.43 per diluted share, with operating income of $1.25 billion.

Quarterly results were helped by higher shipment volumes and lower costs, with total expenses down about 6% year over year.

Management lifted its 2026 revenue growth expectation to mid-single digits (from low single digits previously), signaling a better demand/pricing backdrop than earlier in the year.

Results also included a gain from real estate sales, which boosted the quarter’s bottom line.

Sources:

CSX Investor Relations (press release), SEC (10-Q), Associated Press

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 insiders have traded $CSX stock on the open market 4 times in the past 6 months. Of those trades, 1 have been purchases and 3 have been sales.

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

DIANA B SORFLEET (EVP & CAO) has made 0 purchases and 2 sales selling 156,667 shares for an estimated $6,239,079.
STEPHEN FORTUNE (EVP - CD & TO) sold 31,456 shares for an estimated $1,215,774
STEPHEN F ANGEL (President & CEO) purchased 25,000 shares for an estimated $1,006,750

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$CSX Hedge Fund Activity

We have seen 755 institutional investors add shares of $CSX stock to their portfolio, and 745 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 49,500,566 shares (-80.5%) from their portfolio in Q4 2025, for an estimated $1,794,395,517
PRICE T ROWE ASSOCIATES INC /MD/ added 33,047,720 shares (+88.4%) to their portfolio in Q4 2025, for an estimated $1,197,979,850
FMR LLC removed 11,940,903 shares (-40.0%) from their portfolio in Q4 2025, for an estimated $432,857,733
CAPITAL WORLD INVESTORS added 10,578,012 shares (+135772.2%) to their portfolio in Q4 2025, for an estimated $383,452,935
LAZARD ASSET MANAGEMENT LLC removed 10,030,003 shares (-32.7%) from their portfolio in Q4 2025, for an estimated $363,587,608
JPMORGAN CHASE & CO added 7,235,371 shares (+34.4%) to their portfolio in Q4 2025, for an estimated $262,282,198
DEUTSCHE BANK AG\ removed 7,132,140 shares (-34.6%) from their portfolio in Q4 2025, for an estimated $258,540,075

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

$CSX Congressional Stock Trading

Members of Congress have traded $CSX stock 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.

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

SENATOR MARKWAYNE MULLIN sold up to $50,000 on 11/10.
REPRESENTATIVE KEVIN HERN sold up to $50,000 on 10/28.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.

$CSX Price Targets

Multiple analysts have issued price targets for $CSX recently. We have seen 9 analysts offer price targets for $CSX in the last 6 months, with a median target of $43.0.

Here are some recent targets:

Ravi Shanker from Morgan Stanley set a target price of $30.0 on 04/23/2026
Jordan Alliger from Goldman Sachs set a target price of $41.0 on 04/23/2026
Ken Hoexter from B of A Securities set a target price of $49.0 on 04/23/2026
Nathan Martin from Benchmark set a target price of $48.0 on 04/23/2026
Fadi Chamoun from BMO Capital set a target price of $45.0 on 04/23/2026
Ariel Rosa from Citigroup set a target price of $44.0 on 04/07/2026
David Vernon from Bernstein set a target price of $39.0 on 03/31/2026

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