Mondrian Investment Partners 13F: Exits CSX Stake

Mondrian Investment Partners closed out its holdings in CSX Corporation, selling its entire stake of 20,954 shares. The fund disclosed the complete exit in a Form 13F filing filed with the SEC on October 23, 2026.

CSX CSX Corporation

$50.88 ▲ +41.57% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Mondrian Investment Partners's CSX Position

Mondrian Investment Partners sold out of CSX Corporation during the period, cutting its previous stake of 20,954 shares down to zero. The reported value of the position prior to the complete sale was not detailed in the filing context, but the 100.0% reduction marks a total departure from the railroad operator by this specific institutional holder.

Other Institutional Activity in CSX Corporation

Other large money managers adjusted their positions in the railroad operator around the same time. Adams Diversified Equity Fund grew its holdings by 39,000 shares, ending with 516,000 shares worth about $23,999,160.00. NTV Asset Management increased its holdings by 23,260 shares, a 212.6% jump that left it with 34,203 shares valued at about $1,590,782.00. Fisher Asset Management, LLC added 795,613 shares to hold 28,042,636 shares worth about $1,424,285,508.00. Meanwhile, Amundi reduced its holdings by 390,975 shares, leaving it with 11,732,170 shares valued at about $563,261,462.00.

CSX Corporation Stock Up 4.9%

CSX Corporation shares recently traded around $50.79 as of October 24, 2026, matching the closing price of $50.79 on the filing date of October 23, 2026. The stock is positioned about 4.3% above its 50-day moving average of $48.70 and 12.6% above its 200-day moving average of $45.11. The recent price sits 5.2% below the 52-week high of $53.60 and well above the 52-week low of $33.63.

Recent Earnings

CSX Corporation posted trailing twelve-month revenue of $14,942,000,128.00 alongside trailing twelve-month earnings of $2.05 per share. The company reported a net profit margin of 24.0% and a return on equity of 26.4%. Its next quarterly earnings report is scheduled for January 28, 2027.

Dividend

CSX Corporation pays an annual dividend rate of $0.56 per share, which translates to a dividend yield of 1.08%. The company maintains a dividend payout ratio of 28.6%.

Insider Buying and Selling at CSX Corporation

Company insiders executed 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 $6,384,264.00. Director John J. Zillmer sold 10,000 shares on June 3, 2026, at $46.45 per share for a total of $464,500.00. Later, on July 24, 2026, officer Angela C. Williams sold 30,000 shares at $53.29 apiece for a total of $1,598,700.00, and officer Michael S. Burns sold 13,000 shares at $52.68 per share for a total of $684,840.00.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock ahead of the filing. UBS maintained a Buy rating and lifted its price target to $60.00 from $54.00 on October 22, 2026. B of A Securities kept a Buy rating and raised its target to $57.00 from $55.00 on October 22, 2026. RBC Capital maintained an Outperform rating with a target of $54.00 on October 22, 2026, and TD Cowen maintained a Buy rating with a target of $55.00 on the same day. Citigroup maintained a Neutral rating with a target of $54.00 on October 23, 2026. Overall, the stock carries a consensus Buy rating and a mean price target of $53.41 across 23 analyst opinions.

About CSX Corporation

CSX Corporation operates a rail-based freight transportation network across the United States and Canada. The company moves bulk commodities, intermodal containers, and trailers through its rail and trucking segments, connecting industrial hubs and ports. Institutional shifts like Mondrian's exit offer a window into how large managers rebalance portfolios amid broader shifts in the transport sector.

Bottom Line

Investors tracking CSX Corporation will want to watch for the company's next earnings report on January 28, 2027. Future institutional 13F filings will clarify whether other large managers follow Mondrian's lead or continue adding to their positions.