Amundi 13F: Cuts CSX Stake by $19M
Amundi has trimmed its holdings in CSX Corporation, reflecting a strategic adjustment in its investment portfolio.
Reviewed by automated data checks against the source filing. How we make and check alerts
Amundi sold 390,975 shares from its stake in CSX Corporation ($CSX), a 3.23% decrease, according to a 13F filing with the SEC dated May 18, 2026. It reported 11,732,170 shares worth $563.26 million at the end of the quarter.
Since the filing, $CSX is up 0.9% after 1 week, down 1.1% after 1 month and up 6.0% to date (from the $45.93 close on May 18, 2026).
CSX
CSX Corporation
Key Points
- Amundi trimmed its stake in CSX Corporation (CSX) by 3.2%, selling 390,975 shares and ending with 11,732,170 shares valued at approximately $563.3 million.
- CSX stock is currently priced at $48.01, close to its recent high of $53.6 and above its 52-week low of $33.3, indicating a strong market position.
- Analysts maintain a positive outlook on CSX, with a consensus buy rating and a mean price target of $53.1 based on 23 opinions.
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Amundi Cuts Stake in CSX Corporation
Amundi has trimmed its position in CSX Corporation (CSX) by 3.2%, selling 390,975 shares as of May 18, 2026. This reduction leaves Amundi with 11,732,170 shares valued at about $563.3 million, according to its latest Form 13F filing with the SEC.
What's New in Amundi's Position
This adjustment marks a decrease in Amundi's holdings, reflecting a strategic shift rather than a complete exit from the investment. The fund's previous stake was 12,123,145 shares, and the recent reduction shows a careful management of its portfolio in the rail transportation sector.
Institutional Activity in CSX
No other institutional funds reported changes to their positions in CSX in the latest filings. This lack of movement may indicate a steady confidence among major investors in the company's performance.
Stock Performance Near Key Levels
CSX shares are currently trading at $48.01, which is near the higher end of its 52-week range of $33.3 to $53.6. The stock's performance remains strong, with a recent close of $47.1, suggesting that it is maintaining solid market interest.
Analysts Set New Price Targets
On October 7, 2026, Citigroup maintained a Neutral rating on CSX with a price target of $53.0, down from $54.0. JP Morgan also kept its Overweight rating with a target of $57.0, slightly reduced from $58.0. Susquehanna maintained a Positive rating with a target of $55.0, down from $59.0. Overall, analysts have a consensus buy rating on CSX, with a mean price target of $53.1 based on 23 opinions.
What CSX Corporation Does
CSX Corporation is a major player in the railroad industry, providing freight transportation services across the U.S. and Canada. The company's extensive rail network serves various industries, making it a critical component of North America's logistics and supply chain.
What's Ahead for CSX Corporation
Investors will be watching CSX closely as it prepares to report earnings on October 21, 2026. The recent 13F filing reflects holdings as of May 18 and may not represent Amundi's current investment strategy. Further updates from analysts and institutional investors will provide more insights into CSX's market position and future outlook.
Related Filing Alerts
Source: Amundi's 13F filing on $CSX (May 18, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Find the original filing: Amundi 13F filings on SEC EDGAR. Written by software, not financial advice. How we make alerts