- CSX Corporation has received an average rating of "Moderate Buy" from 26 brokerages, with a consensus 12-month price objective of $51.3148.
- The company reported second-quarter earnings of $0.54 per share on revenue of $3.94 billion, surpassing analyst expectations.
- Institutional investors and hedge funds own 73.57% of the stock, alongside recent insider transactions and a declared quarterly dividend of $0.14 per share.
- Berkshire Hathaway became a net buyer of stocks in the second quarter, with its portfolio value rising from $263 billion to around $299 billion.
- Under CEO Greg Abel, the firm initiated a position in D.R. Horton, exited Constellation Brands, and substantially increased its stake in Alphabet by 83%.
- Berkshire also raised its holdings in Delta Air Lines, Lennar, New York Times, and Macy's, while trimming investments in Bank of America, Kroger, Ally Financial, and Capital One.