Adams Diversified Equity Fund 13F: Adds $1.8M to CSX Stake

Adams Diversified Equity Fund boosted its stake in CSX Corporation $CSX by 8.2%, adding 39,000 shares to bring its total holding to 516,000 shares. According to a Form 13F filing with the SEC on October 21, 2026, the updated position carried a reported value of $23,999,160.

CSX CSX Corporation

$51.63 ▲ +43.66% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Adams Diversified Equity Fund's CSX Position

The fund lifted its investment from 477,000 shares to 516,000 shares during the period. That 8.18% increase brought the overall value of the rail operator holding to nearly $24.0 million based on market valuations at the time of reporting.

Other Institutional Activity in CSX Corporation

Other large investors adjusted their positions in the rail provider around the same timeframe. Fisher Asset Management, LLC grew its holdings by 795,613 shares, ending with 28,042,636 shares worth about $1.44 billion. Meanwhile, Amundi reduced its holdings by 390,975 shares, leaving it with 11,732,170 shares valued at about $555.8 million.

CSX Corporation Stock Holds Steady

CSX shares recently traded around $48.40, sitting slightly below its 50-day moving average of $48.67 and comfortably above its 200-day moving average of $45.04. The stock closed at $48.40 on the filing date of October 21, 2026. Shares have traded between a 52-week low of $33.63 and a high of $53.60.

Recent Earnings

CSX reported trailing twelve month revenue of $14.51 billion alongside basic earnings of $1.92 per share. The freight carrier maintained a net profit margin of 22.2% and a return on equity of 24.4%. The company's next earnings report is scheduled for January 28, 2027.

Dividend

CSX pays an annual dividend rate of $0.56 per share, yielding 1.16%. The payout ratio sits at 31.4%.

Insider Buying and Selling at CSX Corporation

Company insiders completed several share sales earlier in the year. Chief Financial Officer Kevin S. Boone sold 136,708 shares on June 3, 2026, at an average price of $46.70 for a total value of $6.38 million. Director John J. Zillmer sold 10,000 shares on the same day at $46.45 per share, totaling $464,500. Later, on July 24, 2026, officer Angela C. Williams sold 30,000 shares at $53.29 apiece, and officer Michael S. Burns sold 13,000 shares at $52.68 per share.

Analysts Set New Price Targets

Wall Street analysts have kept a generally positive outlook on the railroad operator. On July 24, 2026, Citigroup maintained a Neutral rating with a $54 target. B of A Securities maintained a Buy rating with a $55 target on September 18, 2026. Susquehanna maintained a Positive rating with a $55 target on October 2, 2026. JP Morgan maintained an Overweight rating with a $57 target on October 5, 2026, and Citigroup updated its stance on October 7, 2026, maintaining a Neutral rating with a $53 target. Overall, the stock carries a consensus buy recommendation from 23 analysts.

About CSX Corporation

CSX Corporation provides rail-based freight transportation services across North America. The Jacksonville-based company moves raw materials, industrial goods, and consumer products through an extensive rail network, alongside intermodal container and trailer transfers.

Bottom Line

Institutional interest in CSX remains active as the rail operator heads toward its next financial update in late January. Investors continue to monitor freight volume trends and analyst target adjustments as the stock trades below its average price target of $53.36.