Norfolk Southern Corporation $NSC Stock Sold by Investment House LLC

Investment House LLC lessened its holdings in Norfolk Southern Corporation (NYSE:NSC) by 52.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,146 shares of the railroad operator’s stock after selling 13,336 shares during the period. Investment House LLC’s holdings in Norfolk Southern were worth $3,753,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Norfolk Southern during the 2nd quarter worth approximately $5,033,549,000. Bank of America Corp DE acquired a new stake in shares of Norfolk Southern in the 2nd quarter valued at approximately $978,977,000. Dimensional Fund Advisors LP lifted its holdings in shares of Norfolk Southern by 2.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,259,558 shares of the railroad operator’s stock valued at $648,429,000 after buying an additional 46,127 shares during the period. Amundi boosted its stake in shares of Norfolk Southern by 24.2% in the first quarter. Amundi now owns 2,226,885 shares of the railroad operator’s stock valued at $639,116,000 after buying an additional 434,074 shares in the last quarter. Finally, HBK Investments L P boosted its stake in shares of Norfolk Southern by 0.8% in the second quarter. HBK Investments L P now owns 1,750,000 shares of the railroad operator’s stock valued at $550,532,000 after buying an additional 13,644 shares in the last quarter. 75.10% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Norfolk Southern

Here are the key news stories impacting Norfolk Southern this week:

• Positive Sentiment: Q3 earnings and revenue beat expectations. Norfolk Southern reported adjusted earnings of $3.62 per share versus the $3.46 consensus estimate, while revenue rose 13.6% year over year to $3.53 billion, ahead of the $3.48 billion forecast. Norfolk Southern tops profit estimates as freight demand stays strong
• Positive Sentiment: Record revenue and volume growth supported the quarter. Higher freight volumes and fuel surcharges drove record railway operating revenue. Stronger intermodal demand also benefited from tighter trucking capacity and elevated fuel costs, which make rail transportation relatively more attractive. NSC Q3 Earnings Beat Estimates on Record Revenues, Volume Growth
• Positive Sentiment: Dividend support remains intact. The company declared a quarterly dividend of $1.35 per share, payable November 20 to shareholders of record November 6. The annualized payout is $5.40, representing a yield of approximately 1.6% based on the provided stock information. Norfolk Southern Declares Quarterly Dividend
• Neutral Sentiment: Management delivered solid profitability, but costs remain a focus. Reported revenue was about $3.5 billion, railway operating income was $1.2 billion and the operating ratio was 67.4%. Higher expenses, including fuel and labor costs, pressured margins and could limit the benefit of volume growth. Norfolk Southern reports third quarter 2026 results
• Negative Sentiment: Stephens lowered its price target to $354 from $377. The reduction signals more cautious valuation expectations despite the earnings beat and leaves limited upside relative to the stock’s recent trading level. Stephens Adjusts Price Target on Norfolk Southern

Analysts Set New Price Targets

A number of research analysts recently weighed in on NSC shares. Wells Fargo & Company upped their price objective on Norfolk Southern from $365.00 to $385.00 and gave the stock an “overweight” rating in a report on Friday, July 24th. UBS Group reaffirmed a “neutral” rating and set a $363.00 price objective on shares of Norfolk Southern in a research note on Friday, July 24th. Weiss Ratings upgraded shares of Norfolk Southern from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 9th. Evercore upped their price target on shares of Norfolk Southern from $358.00 to $360.00 in a research report on Wednesday, September 30th. Finally, Citigroup reaffirmed a “cautious” rating on shares of Norfolk Southern in a research note on Wednesday, October 7th. Seven research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat.com, Norfolk Southern currently has an average rating of “Hold” and a consensus price target of $346.94.

Norfolk Southern Stock Performance

Shares of NYSE:NSC opened at $336.49 on Friday. The business has a 50-day moving average of $326.56 and a two-hundred day moving average of $320.58. The firm has a market capitalization of $75.58 billion, a PE ratio of 25.85, a P/E/G ratio of 4.89 and a beta of 1.29. The company has a debt-to-equity ratio of 0.98, a current ratio of 0.83 and a quick ratio of 0.73. Norfolk Southern Corporation has a 12 month low of $277.80 and a 12 month high of $358.60.

Norfolk Southern (NYSE:NSC) last released its quarterly earnings data on Thursday, October 22nd. The railroad operator reported $3.62 earnings per share for the quarter, beating the consensus estimate of $3.46 by $0.16. Norfolk Southern had a return on equity of 18.21% and a net margin of 21.02%. The business had revenue of $3.53 billion for the quarter, compared to analyst estimates of $3.48 billion. During the same period in the previous year, the company posted $3.30 EPS. The company’s revenue was up 13.6% compared to the same quarter last year. As a group, research analysts forecast that Norfolk Southern Corporation will post 12.81 earnings per share for the current year.

Norfolk Southern Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Friday, November 6th will be given a dividend of $1.35 per share. This represents a $5.40 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Friday, November 6th. Norfolk Southern’s payout ratio is 46.08%.

Norfolk Southern Company Profile

Norfolk Southern Corporation (NYSE:NSC) is a transportation company that operates one of the largest freight railroad networks in the eastern United States. Through its Norfolk Southern Railway subsidiary, the company provides rail transportation and related services across a broad territory spanning portions of the Midwest, South and East Coast, including access to major industrial centers, ports and distribution markets.

Norfolk Southern transports a diverse range of commodities, including intermodal freight, merchandise, automotive products, coal and other energy-related materials.