Norfolk Southern Corporation $NSC Stock Bought by Simplicity Wealth LLC

Simplicity Wealth LLC raised its holdings in shares of Norfolk Southern Corporation (NYSE:NSC) by 87.8% during the 3rd quarter, Holdings Channel reports. The fund owned 25,995 shares of the railroad operator’s stock after purchasing an additional 12,150 shares during the period. Simplicity Wealth LLC’s holdings in Norfolk Southern were worth $8,032,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the stock. Apollon Financial LLC boosted its stake in Norfolk Southern by 4.3% during the 1st quarter. Apollon Financial LLC now owns 881 shares of the railroad operator’s stock valued at $253,000 after purchasing an additional 36 shares in the last quarter. Moss Adams Wealth Advisors LLC raised its holdings in Norfolk Southern by 4.6% during the 1st quarter. Moss Adams Wealth Advisors LLC now owns 827 shares of the railroad operator’s stock worth $237,000 after buying an additional 36 shares during the period. Diversify Advisory Services LLC raised its holdings in shares of Norfolk Southern by 1.3% during the third quarter. Diversify Advisory Services LLC now owns 2,824 shares of the railroad operator’s stock valued at $917,000 after acquiring an additional 36 shares during the period. Turtle Creek Wealth Advisors LLC lifted its holdings in shares of Norfolk Southern by 4.4% in the first quarter. Turtle Creek Wealth Advisors LLC now owns 952 shares of the railroad operator’s stock valued at $273,000 after purchasing an additional 40 shares in the last quarter. Finally, Foster Group Inc. lifted its stake in Norfolk Southern by 3.1% in the 2nd quarter. Foster Group Inc. now owns 1,405 shares of the railroad operator’s stock worth $442,000 after acquiring an additional 42 shares in the last quarter. 75.10% of the stock is owned by institutional investors and hedge funds.

Norfolk Southern News Summary

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

• Positive Sentiment: Third-quarter results exceeded expectations: reported EPS was approximately $3.62 versus the $3.46 analyst consensus, while revenue reached $3.53 billion versus expectations of $3.48 billion. Earnings also improved from $3.30 per share a year earlier. Reuters earnings article
• Positive Sentiment: Higher freight volumes, fuel surcharges and tighter trucking capacity supported rail demand and helped Norfolk Southern produce record railway operating revenue. Zacks earnings analysis
• Positive Sentiment: TD Cowen raised its price target from $376 to $379 and maintained a “buy” rating, implying meaningful upside based on the referenced share price. Norfolk Southern revenue announcement
• Neutral Sentiment: Norfolk Southern declared a quarterly dividend of $1.35 per share, payable November 20 to shareholders of record November 6. The annualized payout is $5.40, or roughly a 1.6% yield. Dividend announcement
• Negative Sentiment: High fuel and other operating costs pressured efficiency and margins. Management lifted its 2026 operating-expense outlook to slightly above $9 billion, while capital spending is expected to be approximately $2.1 billion. Norfolk Southern expense outlook
• Negative Sentiment: Analyst views were mixed: JPMorgan raised its target from $318 to $323 but retained a “neutral” rating, while Stephens cut its target from $377 to $354, reinforcing concerns about valuation and cost execution. Stephens price target report

Wall Street Analyst Weigh In

A number of research firms have issued reports on NSC. Evercore increased their target price on shares of Norfolk Southern from $358.00 to $360.00 in a research report on Wednesday, September 30th. JPMorgan Chase & Co. boosted their target price on Norfolk Southern from $318.00 to $323.00 and gave the stock a “neutral” rating in a report on Friday. Wells Fargo & Company upped their price target on shares of Norfolk Southern from $365.00 to $385.00 and gave the company an “overweight” rating in a report on Friday, July 24th. Weiss Ratings raised Norfolk Southern from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 9th. Finally, Robert W. Baird increased their target price on shares of Norfolk Southern from $360.00 to $377.00 and gave the company a “neutral” rating in a research note on Monday, July 27th. Seven investment analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $348.81.

Norfolk Southern Price Performance

Shares of Norfolk Southern stock opened at $329.85 on Friday. The stock has a market capitalization of $74.09 billion, a price-to-earnings ratio of 27.65, a P/E/G ratio of 4.92 and a beta of 1.29. Norfolk Southern Corporation has a 1-year low of $277.80 and a 1-year high of $358.60. The firm’s 50-day moving average price is $326.46 and its two-hundred day moving average price is $320.64. The company has a current ratio of 0.90, a quick ratio of 0.73 and a debt-to-equity ratio of 0.95.

Norfolk Southern (NYSE:NSC) last released its quarterly earnings results on Thursday, October 22nd. The railroad operator reported $3.62 earnings per share for the quarter, beating analysts’ consensus estimates of $3.46 by $0.16. Norfolk Southern had a return on equity of 18.22% and a net margin of 20.70%. The firm had revenue of $3.53 billion during the quarter, compared to analysts’ expectations of $3.48 billion. During the same period last year, the firm posted $3.30 EPS. The business’s revenue was up 13.6% on a year-over-year basis. On average, equities analysts predict that Norfolk Southern Corporation will post 12.83 earnings per share for the current fiscal year.

Norfolk Southern Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, November 6th will be given a $1.35 dividend. This represents a $5.40 annualized dividend and a yield of 1.6%. The ex-dividend date is Friday, November 6th. Norfolk Southern’s payout ratio is 45.26%.

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.