Compound Planning Inc. Invests $233,000 in Norfolk Southern Corporation $NSC

Key Points

• Compound Planning Inc. acquired a new investment in Norfolk Southern Corporation, purchasing 986 shares valued at approximately $233,000.
• Norfolk Southern recently announced a quarterly dividend of $1.35, representing an annualized dividend of $5.40 and a yield of 1.9%.
• Institutional investors now own 75.10% of Norfolk Southern's stock, reflecting significant interest from various hedge funds and investment firms.

Compound Planning Inc. purchased a new position in Norfolk Southern Corporation (NYSE:NSC - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 986 shares of the railroad operator's stock, valued at approximately $233,000.

A number of other large investors have also recently made changes to their positions in NSC. Fourth Dimension Wealth LLC bought a new stake in shares of Norfolk Southern in the fourth quarter worth approximately $28,000. Putney Financial Group LLC bought a new stake in Norfolk Southern during the fourth quarter valued at approximately $30,000. Greenline Partners LLC bought a new stake in Norfolk Southern during the fourth quarter valued at approximately $31,000. HWG Holdings LP bought a new stake in Norfolk Southern during the first quarter valued at approximately $35,000. Finally, Physician Wealth Advisors Inc. grew its position in Norfolk Southern by 129.2% during the first quarter. Physician Wealth Advisors Inc. now owns 149 shares of the railroad operator's stock valued at $35,000 after buying an additional 84 shares during the period. 75.10% of the stock is currently owned by institutional investors.

Norfolk Southern Price Performance

NYSE:NSC traded up $2.08 during trading hours on Monday, hitting $279.88. 1,543,066 shares of the stock traded hands, compared to its average volume of 2,129,127. Norfolk Southern Corporation has a 1 year low of $201.63 and a 1 year high of $291.69. The stock has a 50 day moving average price of $272.61 and a 200 day moving average price of $248.49. The company has a quick ratio of 0.71, a current ratio of 0.79 and a debt-to-equity ratio of 1.11. The company has a market cap of $62.87 billion, a price-to-earnings ratio of 18.91, a price-to-earnings-growth ratio of 2.48 and a beta of 1.29.

Norfolk Southern (NYSE:NSC - Get Free Report) last released its earnings results on Tuesday, July 29th. The railroad operator reported $3.29 EPS for the quarter, topping the consensus estimate of $3.24 by $0.05. Norfolk Southern had a net margin of 27.51% and a return on equity of 19.35%. The firm had revenue of $3.11 billion for the quarter, compared to the consensus estimate of $3.10 billion. Norfolk Southern has set its FY 2025 guidance at EPS. Sell-side analysts forecast that Norfolk Southern Corporation will post 13 EPS for the current fiscal year.

Norfolk Southern Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, August 20th. Stockholders of record on Friday, August 1st were issued a $1.35 dividend. This represents a $5.40 annualized dividend and a dividend yield of 1.9%. The ex-dividend date of this dividend was Friday, August 1st. Norfolk Southern's payout ratio is 36.49%.

Analyst Upgrades and Downgrades

NSC has been the subject of several recent research reports. Baird R W upgraded shares of Norfolk Southern to a "hold" rating in a research report on Tuesday, July 1st. Evercore ISI restated an "in-line" rating and set a $289.00 target price (up from $279.00) on shares of Norfolk Southern in a research report on Wednesday, July 30th. Barclays boosted their target price on shares of Norfolk Southern from $290.00 to $300.00 and gave the company an "overweight" rating in a research report on Wednesday, July 30th. Royal Bank Of Canada lowered shares of Norfolk Southern from a "moderate buy" rating to a "hold" rating in a research report on Tuesday, July 29th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and set a $278.00 price target on shares of Norfolk Southern in a report on Monday, June 2nd. Seven equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $285.15.

Norfolk Southern Company Profile

Norfolk Southern Corporation, together with its subsidiaries, engages in the rail transportation of raw materials, intermediate products, and finished goods in the United States. The company transports agriculture, forest, and consumer products comprising soybeans, wheat, corn, fertilizers, livestock and poultry feed, food products, food oils, flour, sweeteners, ethanol, lumber and wood products, pulp board and paper products, wood fibers, wood pulp, beverages, and canned goods; chemicals consist of sulfur and related chemicals, petroleum products comprising crude oil, chlorine and bleaching compounds, plastics, rubber, industrial chemicals, chemical wastes, sand, and natural gas liquids; metals and construction materials, such as steel, aluminum products, machinery, scrap metals, cement, aggregates, minerals, clay, transportation equipment, and military-related products; and automotive, including finished motor vehicles and automotive parts, as well as coal.