Top CSX Executive Makes Major Multi-Million Dollar Stock Move
CSX EVP & CAO Diana B. Sorfleet sold 90,000 shares of CSX stock for $3,740,400 on February 20, 2026. This significant insider transaction follows a mixed Q4 earnings report for CSX, which saw reduced profits despite improvements in other areas. TipRanks' AI Analyst, Spark, rates CSX as Neutral, citing strong cash flow offset by declining revenue/margins and high leverage.
City Council OKs CSX rail line purchase
The St. Petersburg City Council has approved the $7 million acquisition of a 0.86-mile section of a CSX rail corridor, which will be converted into a public walking and biking trail. The Trust for Public Land will first purchase the property from CSX, then transfer it to the City. Funding will come from the City, Ferg’s Sports Bar and Grill, and Ellison Development, with the City planning to seek state and federal grants for trail construction.
Csx stock hits all-time high, reaching $41.81 By Investing.com
CSX Corporation's stock has reached an all-time high of $41.81, trading just below its 52-week high, and has appreciated by 30.46% over the past year. Despite this, InvestingPro analysis suggests the $77.5 billion railroad operator is overvalued, with a P/E ratio of 27.07, and recent Q4 earnings fell below analyst estimates due to severance and technology rationalization expenses. Analysts have adjusted price targets for CSX, and the company also announced a leadership change in its human resources department.
Barclays (NYSE:BCS) Raised to Strong-Buy at Zacks Research
Zacks Research has upgraded Barclays (NYSE:BCS) to a "strong-buy" rating, reflecting a positive outlook from analysts. The financial services provider recently reported strong earnings, beating consensus estimates with $0.46 EPS. Despite a slight dip in share price, the company maintains a stable financial profile, and institutional investors have shown modest increases in their stakes.
CSX CEO Touts AI Efficiency, U.S.-Led Growth and Service Gains at Barclays Industrial Conference
CSX CEO Steve discussed the company's focus on AI efficiency, U.S.-led growth, and service improvements at the Barclays Industrial Select Conference. He highlighted practical AI applications for improving efficiency and service, views the U.S. as the primary long-term growth engine, and emphasized operational progress and improving metrics despite customer concerns about consistency. CSX expects low-single-digit volume growth, driven by productivity and cost structure, and has simplified management incentives to focus on operating income growth, operating margin, and safety.
Norfolk Southern's Intermodal Volumes Grappling With Near-Term Headwinds
Norfolk Southern is facing near-term headwinds that are impacting its intermodal volumes, despite previous improvements in its operating ratio. The company had shown significant progress in efficiency and pricing execution, achieving a 60.1% operating ratio in 2021. However, recent reports indicate mixed volume outlooks, partly due to tariff actions.
St. Pete City Council approves deal to purchase CSX rail line for urban trail
The St. Petersburg City Council has approved a deal to acquire a segment of the CSX rail line, which the city intends to convert into an urban trail. The acquisition will be facilitated with assistance from Ferg's Sports Bar & Grill and Ellison Development. This move finalizes a long-sought goal for the city to develop a new urban recreational space.
CSX Chief Executive Open to Deal as Rivals Pursue Mega Merger
CSX CEO Steve Angel is open to merger opportunities to create shareholder value, even as the company focuses on improving efficiency and performance. This comes amidst rival mega-merger proposals, such as the one between Union Pacific Corp. and Norfolk Southern Corp., which Angel views as both challenging and potentially opportunistic for CSX. Angel plans to achieve a "continuous improvement" culture within CSX, focusing on cost management and collaborating with staff and unions.
CSX Chief Executive Open to Deal as Rivals Pursue Mega Merger
CSX Corp.'s CEO, Steve Angel, is open to merger discussions to create shareholder value, even as the company focuses on efficiency. This stance comes as competitor railroads like Union Pacific and Norfolk Southern are also exploring potential mergers, and after activist investor Ancora Holdings Group invested in CSX advocating for a merger.
CSX: AI, infrastructure upgrades, and leadership changes drive operational and financial focus
The article highlights CSX's strategic focus on AI and automation to benefit traditional industries, alongside infrastructure upgrades and leadership changes aimed at improving operational stability. It emphasizes the company's commitment to service consistency and disciplined financial metrics, particularly in the context of strong US growth prospects amidst global stagnation. This information is based on an AI-generated summary from a Barclays conference transcript.
The Rail Revolution: Union Pacific and Norfolk Southern Aim to Redraw the American Map with $85 Billion Merger
Union Pacific (UNP) and Norfolk Southern (NSC) are pursuing an $85 billion merger to create the first transcontinental U.S. railroad, a move that could redefine American logistics and align with a "Regulatory Pragmatism" policy fostering "National Champions." Despite a recent procedural setback from federal regulators, the companies plan to refile their application by April 30, 2026. The deal promises significant synergies and aims to improve supply chain efficiency but faces opposition from competitors like BNSF Railway and scrutiny over potential monopolistic impacts.
Is CSX’s US$670 Million Locomotive Upgrade Program Altering The Investment Case For CSX (CSX)?
CSX Corporation has announced a US$670 million locomotive upgrade program with Wabtec, aiming to enhance efficiency, reliability, and technology across its rail operations. This investment, comprising new locomotives, modernizing older units, and integrating fuel-saving digital systems, directly supports the investment thesis that rail remains a critical North American freight backbone and that CSX can improve efficiency despite recent financial pressures. While it targets fuel savings and reliability, the program does not remove risks related to revenue softness and commodity-linked demand volatility.
Is Union Pacific (UNP) Still Attractive After Recent Share Price Strength?
Union Pacific (UNP) has seen significant share price strength recently, with returns of 48.6% over three years and 40.4% over five years. Despite this, a Discounted Cash Flow (DCF) analysis suggests the stock is undervalued by 16.0%, with an estimated intrinsic value of $315.65 compared to its current price of $265.00. Additionally, its P/E ratio of 22.03x is below its proprietary "Fair Ratio" of 25.42x, further indicating potential undervaluation.
Jim Ross: Opposition to UP-NS merger grows during pause
Opposition to Union Pacific's proposed merger with Norfolk Southern is increasing while the acquisition remains on hold. Several state attorneys general and other groups have voiced concerns to regulators, citing fears of reduced competition, higher costs, service degradation, and negative impacts on passenger rail services. The Surface Transportation Board is currently reviewing Union Pacific's revised application, with a decision expected to affect various communities and the two remaining major freight carriers, CSX and Norfolk Southern.
Half of burned rail ties moved out of Dunnellon, CSX says
CSX Transportation has announced that approximately half of the burned rail ties from a large fire have been removed from Dunnellon. This update comes amidst other local news, including a dispute between GRU and the City of Gainesville, a new memorial for fallen Gilchrist County deputies, and fundraising efforts for a family killed in a Dixie County fire.
CSX Corporation CEO to speak at Barclays conference
Steve Angel, President and CEO of CSX Corporation, is slated to speak at the Barclays 43rd Annual Industrial Select Conference. The event, happening on Thursday, February 19th, at approximately 11:50 a.m. ET, will be webcast. This provides an opportunity for the public to gain insight into CSX Corporation's strategies and industry viewpoints.
CSX: Fair Outlook Weighs New Locomotive Spend Against Rail And Trucking Risks
Analyst price targets for CSX have been adjusted, with some firms raising and others slightly lowering their targets, reflecting varied views on rail volumes, sector risks, and P/E inputs. The company's fair value remains unchanged at $39.85 per share despite minor adjustments to discount rate and future P/E multiple assumptions. Recent news includes a train derailment in Kentucky and a significant deal with Wabtec Corporation to acquire new and modernize existing locomotives.
Union Pacific CEO explains delay in revised merger filing
Union Pacific's CEO, Jim Vena, explained that the delay in filing their revised merger application with Norfolk Southern was due to federal regulators clarifying data formatting requirements. The STB previously rejected the application as incomplete. Vena addressed criticisms regarding competition, stating that the combined UP-NS would match BNSF's market share and that 75% of growth would come from diverting traffic from trucks, aiming to offer faster, more efficient service similar to the CPKC model.
Half of burned rail ties moved out of Dunnellon, CSX says
CSX Transportation reports that approximately half of the 100,000 rail ties that burned in a fire in Dunnellon on February 1st have been removed from the site. While CSX owns the property, Track Line LLC owns the ties and had leased the land to Florida Northern. CSX has incurred a daily fine, and though no timeline is provided, efforts are underway to move the remaining ties, with Florida Northern facilitating the move, CSX providing cars, and Track Line covering clean-up costs.
Rail News - CSX trained thousands of first responders in 2025. For Railroad Career Professionals
CSX trained 5,645 first responders in 2025 through 75 incident training sessions focused on railroad-related emergencies. A significant enhancement to their Responder Incident Training (RIT) program was the introduction of a dedicated training locomotive, allowing for realistic, hands-on learning experiences. The company aims to prepare first responders to protect communities, employees, and the rail network during emergencies.
Bullish on CAE Inc.
Technical analysis indicates a bullish outlook for CAE Inc. (CAE-T). The stock has formed a "W" pattern, broken above a consolidation range, and surpassed its initial upside target of $43, with a new target of $52 based on Point & Figure measurements. The rising 40-week moving average further supports the continued longer-term uptrend.
J.B. Hunt ‘a little bit more positive’
J.B. Hunt management provided upbeat commentary at a recent investor conference, noting that truck capacity has tightened and demand is slightly exceeding earlier expectations. Despite winter storms and regulatory changes, the company believes significant supply attrition has occurred in the trucking market. J.B. Hunt's dedicated segment saw record new customer agreements, and the company remains confident in its intermodal strategy even if the Union Pacific-Norfolk Southern merger is approved.
Zacks Industry Outlook Highlights Union Pacific and Canadian Pacific Kansas
The Zacks Transportation - Rail industry faces challenges from economic uncertainties, inflationary pressures, and supply-chain disruptions, but Union Pacific Corp. (UNP) and Canadian Pacific Kansas City Ltd. (CP) are positioned to navigate these headwinds. The industry is currently ranked in the bottom 19% of Zacks industries and shows declining earnings estimates, yet both companies have demonstrated financial strength and shareholder returns. Despite the gloomy industry outlook, relative stability in e-commerce demand and consistent dividends make these two stocks noteworthy.
JPMorgan Chase & Co. Increases Holdings in Raymond James Financial, Inc. $RJF
JPMorgan Chase & Co. significantly increased its stake in Raymond James Financial, Inc. (NYSE:RJF) during the third quarter, now owning 2.97% of the company valued at over $1 billion. Despite an insider sale of shares, Raymond James Financial beat EPS estimates, increased its quarterly dividend, and maintains a "Hold" consensus rating from analysts with an average target price of $182.17. Institutional investors own a substantial 83.83% of the stock.
CSX Trains Thousands of First Responders Through Community Safety Program
CSX reaffirmed its commitment to public safety in 2025 by training 5,645 first responders through 75 sessions of its Responder Incident Training (RIT) program. The program provides hands-on experience, focusing on rail equipment, hazardous materials, and coordinated emergency response. A significant enhancement in 2025 was the introduction of a dedicated training locomotive, allowing for realistic, hands-on learning and strengthening preparedness for rail-related emergencies.
Norfolk Southern Union Pacific Merger Reshapes Transcontinental Rail Investment Story
Norfolk Southern (NSC) has merged with Union Pacific, creating what is described as America's first transcontinental railroad, significantly altering the U.S. freight rail industry. This merger, following a mixed 2025 financial performance for Norfolk Southern, aims to enhance network value and operational efficiency, though it also introduces regulatory and integration risks. Investors should monitor regulatory responses, governance plans, and how competitors react to gauge the long-term impact of this strategic consolidation.
WECT INVESTIGATES: First train derailment in Wilmington since 2020 under investigation
Three empty CSX train cars derailed in downtown Wilmington on February 13, 2026, shutting down a major street for nearly 24 hours. The Wilmington Terminal Railroad is investigating the incident, which caused no injuries or spills. This is the first train derailment in Wilmington since November 2020, and it occurred in an area where the North Carolina Department of Transportation plans a $32 million project to widen Front Street and reconstruct the railroad crossing starting in 2029.
Rail News - CSX upgrades locomotive tech to cut fuel use, emissions. For Railroad Career Professionals
CSX has enhanced its locomotive fleet with an upgraded Automatic Engine Start-Stop (AESS) system, aimed at cutting fuel consumption, emissions, and operational costs. Developed in collaboration with Wabtec Corp., the technology automatically shuts down engines when not in use and restarts them as needed. These improvements, building on the 2024 AESS Assist system, also extend locomotive battery life and allow longer shutdown times without idling.
A Look At Wabtec (WAB) Valuation After New Locomotive Deals And Higher Buyback Authorization
Wabtec (WAB) is gaining attention after securing new multi-million dollar locomotive deals with Union Pacific and CSX, updating its 2026 sales guidance, and increasing its share repurchase authorization. Despite a strong stock performance over the last year, trading near its analyst target, Simply Wall St's narrative suggests WAB is slightly overvalued at $249.42 compared to its current price of $256.06. The article advises investors to review comprehensive data and consider potential risks like softer North American railcar demand before making investment decisions.
CSX signals resilience despite modest revenue decline
CSX reported a modest revenue decline in Q4 reaching US$3.51 billion, a 1% decrease year-on-year, and a full-year 2025 revenue of $14.09 billion, down from $14.54 billion in 2024. Despite these figures reflecting a challenging economic landscape and a dip in volumes, the company maintained healthy adjusted operating margins of 33.2%. CSX is focusing on operational efficiencies, infrastructure projects like the Howard Street Tunnel expansion, and a $670 million investment to modernize its locomotive fleet, with analysts forecasting a gradual recovery and revenue growth in the latter half of 2026.
Zacks Industry Outlook Highlights Union Pacific and Canadian Pacific Kansas
Zacks Equity Research discusses the challenging outlook for the Zacks Transportation - Rail industry, primarily due to economic uncertainties, inflation, high interest rates, and supply-chain disruptions. Despite these headwinds, Union Pacific Corp. (UNP) and Canadian Pacific Kansas City Ltd. (CP) are highlighted as two stocks positioned to navigate these challenges, partly due to declining fuel costs and their strong financial returns to shareholders. The industry, however, carries a gloomy Zacks Industry Rank, indicating dull near-term prospects.
Ag industry, elected officials continue to raise concerns about proposed railroad merger
The agricultural industry and elected officials continue to express serious concerns about a proposed merger between Union Pacific and Norfolk Southern Railroads, despite the Surface Transportation Board (STB) initially rejecting an incomplete application. Critics argue that the merger, if approved, would negatively impact the ag supply chain by reducing competition, increasing prices for shippers, and potentially leading to service disruptions, given that the resulting company would control over 40% of U.S. freight by rail. BNSF Railway also voiced concerns, fearing decreased competitiveness and potential prioritization of the merged company's own shipments over those interchanging from rival lines.
XPO Schedules Fourth Quarter 2024 Earnings Conference Call for Thursday, February 6, 2025
XPO (NYSE: XPO) has scheduled its fourth quarter 2024 earnings conference call and webcast for Thursday, February 6, 2025, at 8:30 a.m. Eastern Time. The company's results will be released earlier that morning and will be available on www.xpo.com. Access information for the call and webcast replay is provided for investors and the media.
CSX's Advanced Locomotive Technology Reduces Fuel Consumption and Emissions
CSX has significantly reduced fuel consumption and emissions through enhancements to its locomotive technology, primarily with the Automatic Engine Stop-Start (AESS) system. An upgrade in 2024, the AESS Assist system, further improved shutdown performance and battery support, leading to increased fuel efficiency and extended battery life. Collaborating with Wabtec, CSX also implemented software upgrades to prolong engine shutdown times, reinforcing its commitment to lower operational costs and environmental sustainability.
CSX train derailment in Wilmington under investigation
Three empty CSX railcars derailed late Friday night at the Front Street crossing in Wilmington, North Carolina. There were no injuries or spills reported, and CSX quickly addressed the situation to clear the tracks. Wilmington Terminal Railroad and the railroads are now investigating the cause of the incident.
Freeport-McMoRan Rose 47% in the Last 6 Months. Here’s How High the Stock Could Climb in 2026
Freeport-McMoRan stock has risen 47% in the last six months due to strengthening copper prices and improving production forecasts. The company's adjusted EBITDA for 2025 was nearly $10 billion, and analysts expect further revenue growth and margin expansion. Based on TIKR's valuation model, the stock could reach $97, implying a 54% upside.
1 Unpopular Stock That Deserves a Second Chance and 2 Facing Headwinds
This article analyzes three industrial stocks, recommending Woodward (WWD) as a buy due to strong revenue growth and improved operating margins. Conversely, Saia (SAIA) and CSX (CSX) are identified as stocks to sell, citing concerns such as soft demand, deteriorating free cash flow, and declining profitability. The author emphasizes independent analysis beyond Wall Street consensus by StockStory.
CSX Is Up 15% in the Last 30 Days. Here’s How Much the Stock Could Rise in 2026
CSX stock has risen 15% in the last 30 days due to positive investor reaction to fourth-quarter earnings and optimistic 2026 guidance, shifting focus from short-term revenue pressure to future margin expansion. The company projects low single-digit revenue growth and significant operating margin expansion for 2026, alongside robust free cash flow growth. A valuation model suggests a target price of $49, representing a 20% upside over approximately 2.9 years, indicating the stock is undervalued based on operating leverage and disciplined capital allocation.
8,667 Shares in Raymond James Financial, Inc. $RJF Purchased by Caprock Group LLC
Caprock Group LLC recently acquired 8,667 shares of Raymond James Financial, Inc. (NYSE:RJF) for approximately $1,469,000 during the 3rd quarter. Several other institutional investors also adjusted their holdings in RJF, reflecting varied investor interest. Raymond James Financial reported strong Q4 earnings, beating analyst estimates, and increased its quarterly dividend to $0.54 per share.
Barclays PLC $BCS Shares Purchased by Cibc World Market Inc.
Cibc World Market Inc. significantly increased its stake in Barclays PLC (NYSE:BCS) during the third quarter, purchasing an additional 182,318 shares to hold a total of 262,678 shares valued at $5.43 million. Barclays recently reported strong quarterly earnings, topping analyst expectations with an EPS of $0.46, and announced a dividend of $0.3069 per share payable on March 31st. The stock currently holds a "Moderate Buy" rating from analysts.
Norfolk Southern (NSC)'s Downgrade Was Ill-Advised, Days Jim Cramer
Jim Cramer commented that the recent downgrade of Norfolk Southern (NSC) was "ill-advised," despite the railroad giant's shares being up over the past year. NSC's latest earnings showed a rise in adjusted profit per share but a 2% annual drop in revenue. The downgrade followed a target price reduction by Baird and a shift to Hold from Buy by Deutsche Bank, amidst the planned merger with Union Pacific.
Norfolk Southern (NSC)'s Downgrade Was Ill-Advised, Days Jim Cramer
Jim Cramer commented that the recent downgrade of Norfolk Southern (NSC) was "ill-advised," despite the company's recent earnings showing a 2% annual revenue drop. Baird had reduced its price target for NSC, while Deutsche Bank downgraded the stock to Hold following plans of a merger with Union Pacific. Cramer's statement suggests he believes the outlook for Norfolk Southern is stronger than implied by the downgrades.
Norfolk Southern (NSC)’s Downgrade Was Ill-Advised, Days Jim Cramer
Jim Cramer commented that a recent downgrade of Norfolk Southern (NSC) was "ill-advised," despite the company reporting a 2% annual revenue drop alongside an increase in adjusted profit per share. Baird had lowered its price target for NSC to $288 from $293 while maintaining a Neutral rating, and Deutsche Bank downgraded the stock to Hold from Buy due to a planned merger. Cramer's remarks suggest disagreement with the analyst's negative outlook on the railroad giant.
Wabtec $WAB Shares Acquired by Varma Mutual Pension Insurance Co
Varma Mutual Pension Insurance Co increased its stake in Wabtec (NYSE:WAB) by 9.1% during Q3, now owning 47,924 shares valued at $9.61 million. This increase follows Wabtec's strong Q4 earnings, which beat estimates, and the company's decision to raise its FY 2026 guidance, authorize a $1.20 billion share repurchase, and increase its quarterly dividend. Institutional investors collectively own about 91.7% of Wabtec, while some insiders have recently reduced their holdings.
Peering Into CSX Corp's Recent Short Interest
CSX Corp's short interest has increased by 5.0% since its last report, now standing at 35.10 million shares sold short, or 1.89% of its regular shares. This rise suggests a more bearish market sentiment, although the company's short interest is still lower than the average of its peers. It would take traders an average of 2.38 days to cover their short positions.
Is The Strong Multi Year Rally In Westinghouse Air Brake Technologies (WAB) Still Justified
This article analyzes Westinghouse Air Brake Technologies (WAB) to determine if its current stock price of US$253.79 is justified, given its significant multi-year rally. Through Discounted Cash Flow (DCF) analysis and Price-to-Earnings (P/E) ratio comparison, the stock appears overvalued by 38.7% according to the DCF model, with a P/E of 36.89x compared to an industry average of 29.89x and a proprietary Fair Ratio of 29.72x. The article encourages investors to use "Narratives" for personalized valuations, considering various factors like contract wins or market risks.
Wabtec to Upgrade CSX Locomotive Fleet in $670 Million Deal
CSX has signed a $670 million deal with Wabtec Corporation to enhance its locomotive fleet. The agreement includes 100 new Evolution Series locomotives, 50 modernized locomotives, and advanced digital solutions. This upgrade aims to improve fuel efficiency, reliability, and standardize the fleet while extending the service life of older models.
Nationwide realty arm buys over 14 acres in Arena District for $12.5M
Nationwide Realty Investors has purchased over 14 acres of vacant land in Columbus's Arena District for $12.5 million. The land, located near Lower.com Field and Huntington Park, was acquired from CSX Transportation. While Nationwide Realty has not yet disclosed plans for the site, previous development attempts by them and others faced significant challenges related to site access.
Rhumbline Advisers Has $66.34 Million Stake in Wabtec $WAB
Rhumbline Advisers increased its stake in Wabtec (NYSE:WAB) by 3.6% in the third quarter, bringing its total holding to 330,938 shares valued at $66.34 million. This move is part of a broader trend of institutional investors adjusting their positions in the company, with many showing increased confidence. Wabtec has also reported strong Q4 results, a record backlog, authorized a $1.2 billion share buyback, and analysts have raised price targets, contributing to a "Moderate Buy" consensus rating for the stock.
Caprock Group LLC Makes New Investment in Wabtec $WAB
Caprock Group LLC has acquired a new position in Wabtec (NYSE:WAB) during the third quarter, purchasing 13,494 shares valued at approximately $2.61 million. This investment comes amidst positive sentiment for Wabtec, driven by strong Q4 2025 results, record backlog, a $1.2 billion share buyback authorization, and analyst upgrades. The company also increased its quarterly dividend and demonstrated solid financial performance with an EPS beat and increased revenue.
